BCEDC BUSINESS HAPPENINGS

M&S Centerless Grinding, Inc. was awarded a $400,000 loan from PIDA. The loan will be used to purchase highly specialized machining/grinding equipment and software. M&S Centerless Grinding, Inc. located in Warminster will create five jobs and retain five jobs.

Dijas Capital, Inc., Bensalem was approved to borrow $275,000 from BCEDC’s BBLF to assist in refinance and consolidate debt.

Serenity Enterprises, Warminster was approved to borrow $89,000 from BCEDC’s BBLF for roof renovations to his existing building.

Municipality Loan Program Amount Borrowed SQ FT Reason for Loan Jobs Retained Jobs Create
Bensalem
Warminster
Warminster
BBLF
PIDA-SBF
BBLF
$275,000
$400,000
$89,000
N/A
N/A
N/A
Refinance
Equipment
Roof Renovation
N/A
5
N/A
N/A
5
N/A