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 |