Pennsylvania Minority Business Development Authority- Revolving Loan Fund Capitalization P
Pennsylvania Community & Economic Development
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- Posted
- Feb 21, 2026
- Amount
- $400,000
- Closes
- No deadline published by the funder
- Last verified
- Oct 8, 2026
Amount
$400,000
Who can apply
Funds to CDFIs and RLFs organizations are to be used to make smaller loans to benefit minority business enterprises for land and building acquisitions; building construction and renovations; machinery and equipment costs including acquisition and installation; working capital costs. PMBDA-RLFCP’s maximum loan amount is $400,000 per applicant, and interest rate is 1.5% for a period of 5 years.
About this opportunity
PMBDA-RLFCP program provides a source of funds with extended payment terms to successful Community Development Financial Institutions (CDFIs) and Community-based Revolving Loan Funds (RLFs) to make low-interest loans to businesses owned and operated by ethnic minorities.