Business Financing

The mission of the Northwest Commission’s Revolving Loan Fund (RLF) is to stimulate the creation and the expansion of small for-profit businesses for the purposes of creating new jobs and retaining existing jobs in the 8-county region of Clarion County, Crawford County, Erie County, Forest County, Lawrence County, Mercer County, Venango County and Warren County. The RLF is able to assist small business through the use of fixed low-interest loans, structured to allow businesses the ability to borrow based on the number of jobs created or retained. The Revolving Loan Fund (RLF) is comprised of funds from the Appalachian Regional Commission (ARC), Economic Development Administration (EDA) and United States Department of Agriculture (USDA).

In addition, as a Certified Economic Development Organization (CEDO), the Northwest Commission works with the Department of Community and Economic Development (DCED) to market and administer the loan financing programs available through the Commonwealth.

Maximum Loan

  • Loan programs will finance up to 50% of total eligible project costs.

Eligible Uses

  • Land acquisition, preparation and associated expenses
  • Building acquisition, construction or renovation
  • Machinery and equipment purchases (new or used) and related expenses
  • Working Capital


  • Land & Building – up to 15 years
  • Machinery and Equipment – up to 10 years
  • Working Capital – 3 years


  • Revolving loan fund financing is available to eligible small businesses with interest rates starting at 2.75%  fixed for the term of the loan. 
  • The Pennsylvania Industrial Development Authority (PIDA) Board has made financing available to qualifying Pennsylvania small businesses at a 3.50% rate fixed for the term of the loan.
  • These rates are good for completed loan applications received through June 30, 2022.

Eligible Applicant

  • Manufacturing or Industrial Business
  • Hospitality Enterprise
  • Commercial & Service Enterprise
  • Child Day-Care
  • Agriculture Enterprise or Agriculture Producer


  • Must collateralize asset(s) financed
  • Will subordinate lien position to bank
  • Personal and corporate guarantees may be required

Fees Application and/or closing fees are charged at the discretion of the Northwest Commission but will not be greater than two percent (2%) of the loan amount. The Northwest Commission’s closing documents are standard documents. Any modifications to these documents will result in an additional legal fee charged directly to the borrower.

SBA/EIDL Fact Sheet

There is a customer service line established for businesses: 1-866-466-3972

There is a resource account set up to help businesses determine if they are open/closed.

If you are not on the list as a yes, you will have to complete a waiver form for determination.  Please see link to our waiver form is now live.

Please fill out and submit at your earliest convenience:

Here is the link to DOH’s COVID 19 update.

Paycheck Protection Program (PPP) Policy Update – Wednesday, January 6, 2021

SBA, in consultation with the Treasury Department, has recently released additional PPP guidance:

This is the latest information available and may be subject to change. For more information and updates, visit or


For additional information  please contact:

Rebecca Beach Loan Program Manager

Loan Review Committee

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