NEW OXFORD INDUSTRIAL DEVELOPMENT CORPORATION

        The New Oxford Industrial Corporation (IDC) was established to advance, promote, attract, stimulate, rehabilitate and revitalize commerce, industrial, civic and manufacturing interests in and around the borough of New Oxford, PA.  The IDC is the lending arm of the New Oxford Area Chamber of Commerce.

Business Loans

        The New Oxford Industrial Development Corporation, supported by the New Oxford Area Chamber of Commerce, makes available a low interest loan for businesses within the greater New Oxford area.  All loans are reviewed by the committee and recommended to the New oxford Chamber Board of Directors for final approval.

        Loans are considered in the amount of $5,000 to $50,000, at a fixed rate of 4%.  Funds can be used for business real estate purchases, renovations and facade improvements, and business expansions.  Machinery and equipment purchases are also eligible for loans.  Working capital loans will be considered with strong collateral required.

        For additional information, please contact the Chamber office at 717-624-2800, or email Rebecca Prehoda, the Chamber Board IDC representative, at prehodar@members1st.org.