Kevin O’Donnell, who has led Greater Hazleton’s economic development growth for more than four and a half decades, today announced to the CAN DO Board of Directors that he will retire as President and Chief Executive Officer at the close of 2020.
This past week, the U.S. Small Business Administration (SBA) 504 and the Pennsylvania Industrial Development Authority (PIDA) released their new interest rates.
SBA 504 and PIDA are two revolving loan funds that assist in the growth of businesses of all sizes in Pennsylvania. They provide long-term, low-interest-rate loans to eligible businesses that commit to creating and/or retaining full-time jobs. Eligible costs include, but are not limited to, land and building costs, machinery and equipment costs, refinancing of existing commercial real estate and/or equipment debt (SBA 504) and working capital (PIDA).
CAN DO, Inc. announced that former Commonwealth of Pennsylvania Economic Development Analyst Mark Minnig has joined its staff as the organization’s Economic Development Specialist.
In his role at CAN DO, Minnig will manage the planning, procurement and administration of all necessary grants and loans for the organization; assist businesses in the community to identify and procure financing opportunities; act as a liaison to employers through outreach to ensure Greater Hazleton’s continued economic development; and coordinate with CAN BE to cultivate clients and assist small businesses and start-ups with financing options.