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INFORMATION INTAKE FORM FOR PIDA LOAN

INFORMATION INTAKE FORM FOR PIDA LOAN 2025

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The document is an Information Intake Form for the Pennsylvania Industrial Development Authority (PIDA) loan, designed to collect essential business information from applicants. It includes sections for business details, loan request information, ownership structure, and a declaration of the applicant's authority to submit the form. The form emphasizes that it is not a loan application but a preliminary step in the process, with no guarantee of funding.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the interest rate for PIDA loans?

For PIDA-MELF Equipment Loans 5.25% fixed rate for the full term of the loan. For Export Finance Working Capital and Accounts Receivable Lines of Credit 5.00% fixed rate for 12 month period. For Pollution Prevention and Energy Efficiency Loans 2.00% fixed rate for the full term of the loan.

What types of information are required of a borrower in the loan application process?

What information do I have to provide a lender in order to receive a Loan Estimate? your name, your income, your Social Security number (so the lender can pull a credit report), the property address, an estimate of the value of the property, and. the desired loan amount.

What is the PPP loan interest rate?

SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses. PPP loans have an interest rate of 1%.

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