PROJECT COUNTY AMOUNT PROJECT COSTS RESULTS

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Transcript of PROJECT COUNTY AMOUNT PROJECT COSTS RESULTS

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LOAN TOTALPROJECT COUNTY AMOUNT PROJECT COSTS

Pennsylvania Industrial Development Authority (PIDA)— COVID-19 Working Capital Access Program

Andrews Excavating Lancaster $ 100,000 N/AAspen Home Improvements Lancaster $ 100,000 N/ABarstools & Billiards Lancaster $ 100,000 N/ABellaBoo Lancaster $ 75,000 N/ABench Dogs Lancaster $ 100,000 N/ABest of Lancaster County Lancaster $ 50,000 N/AB.F. Hiestand House B&B Lancaster $ 27,000 N/ABlossom MedSpa Lancaster $ 100,000 N/ABurgard Design Lancaster $ 50,000 N/ADermatology Associates of Lancaster Lancaster $ 100,000 N/ADiamond Painting Lancaster $ 100,000 N/ADM Smucker Lancaster $ 40,000 N/AEllicott & Co. Lancaster $ 30,000 N/AFastSigns Lancaster Lancaster $ 100,000 N/AFeliz Productions Lancaster $ 31,742 N/AFireside Tavern Lancaster $ 75,000 N/AGorman Distributors Lancaster $ 60,000 N/AHistoric Revere Tavern Lancaster $ 100,000 N/AInovat Design, LLC Lancaster $ 88,729 N/AJohn J. Jeffries Lancaster $ 100,000 N/AKairos Massage & Skincare Lancaster $ 50,000 N/AKuldeep Corporation Lancaster $ 100,000 N/ALeon C. Landis Inc. Lancaster $ 100,000 N/ALongview Structures Lancaster $ 100,000 N/ALSH Insulation Lancaster $ 100,000 N/AMarco’s Restaurant Lancaster $ 50,000 N/AMore Smiles Lancaster $ 100,000 N/APerfect Image Service Center Lancaster $ 100,000 N/AReam Jewelers Lancaster $ 100,000 N/ARocky Springs Entertainment Center Lancaster $ 100,000 N/AScreen Printing Select Lancaster $ 50,000 N/ASpirits Distilling Company Lancaster $ 32,000 N/AStrasburg Rail Road Lancaster $ 100,000 N/ATexter’s Cycles Lancaster $ 100,000 N/ATNH Sober Living Lancaster $ 97,000 N/ATwo Dudes Painting Company Lancaster $ 100,000 N/AWhite Oak Group Lancaster $ 100,000 N/AYork Sherwood Associates Lancaster $ 100,000 N/A

TOTAL PIDA—COVID-19 Working Capital Access Program $ 3,106,471 $ N/A

Pennsylvania Industrial Development Authority—Real Estate Development

Country Lane Woodworking Lancaster $ 1,953,000 $ 3,529,000 High Properties Lancaster $ 2,000,000 $ 4,500,000

TOTAL PIDA—Real Estate Development $ 3,953,000 $ 8,029,000

Pennsylvania Industrial Development Authority—Agriculture

Hoover, John D. & Miriam S. Lancaster $ 400,000 $ 1,670,000 Martin, Matthew Ryan Lancaster $ 395,000 $ 807,500

TOTAL PIDA—Agriculture $ 795,000 $ 2,477,500

EDC FINANCE 2020 PROJECT RESULTS

P A G E 1 E D C F I N A N C E • 2 0 2 0 P R O J E C T R E S U L T S

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EDC FINANCE 2020 PROJECT RESULTS

LOAN TOTALPROJECT COUNTY AMOUNT PROJECT COSTS

Pennsylvania Industrial Development Authority—Commercial & Industrial

Building Forward Partners Lancaster $ 1,100,000 $ 3,000,000 Novelty Manufacturing Lancaster $ 400,000 $ 828,865 PAP Technologies Lancaster $ 1,469,800 $ 2,939,600

TOTAL PIDA—Commercial & Industrial $ 2,969,800 $ 6,768,465

Next Generation Farmer Loan

Beiler, David Z. & Anna F. Lancaster $ 552,000 $ 1,115,000 Beiler, Henry Z. & Susan F. Lancaster $ 552,000 $ 655,000 Byers, Bryan D. & Monica S. Lancaster $ 543,000 $ 630,000 Hoover, John D. & Miriam S. Lancaster $ 543,000 see PIDA–Ag total Hostetter, Paul W. & Sarah A. Lancaster $ 552,000 $ 1,500,000 King, Christian E. & Mary B. Lancaster $ 552,000 $ 765,000 King, Daniel B. & Fannie S. Lancaster $ 552,000 $ 755,000 Lapp, Ivan E. & Rachel S. Lancaster $ 460,000 $ 460,000 Stoltzfus, David F. & Emma S. Lancaster $ 552,000 $ 950,000 Stoltzfus, Omar B. & Rebecca B. Lancaster $ 543,000 $ 630,000 Wiker, Matthew K. & Kelly Lancaster $ 552,000 $ 2,671,800

Total Next Generation Farmer Loan $ 5,953,000 $ 10,131,800

Small Business Administration 504

Abbottstown Industries Adams $ 1,123,000 $ 2,727,000 Bunyaad Rugs Lancaster $ 475,000 $ 1,152,200 Compliance Navigation Specialists Lancaster $ 1,510,000 $ 3,670,000 Country Lane Woodworking Lancaster $ 4,982,000 $ 13,200,000 Lancaster Cancer Center Lancaster $ 796,000 $ 1,930,000 Welsh Stone Supply Lancaster $ 527,000 $ 1,275,000

Total SBA 504 $ 9,413,000 $ 23,954,200

2020 TOTAL $ 26,190,271 $ 51,360,965

P A G E 2 E D C F I N A N C E • 2 0 2 0 P R O J E C T R E S U L T S

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Members of the EDC and EDC Finance Boards (above and below) work together pre-COVID.

EDC BOARD OF DIRECTORSChair, Robert M. Krasne, Chairman and CEO, Steinman Communications | Chairman & Publisher, LNP Media Group, Inc.*Vice Chair, Troy A. Clair, President & CEO, Clair Global*Barbara K. Altmann, Ph.D., President, Franklin & Marshall CollegeRobert Beard, President & CEO, UGI Utilities, Inc. | Executive Vice President – Natural Gas, UGI CorporationChristopher Drew, President & Chief Operations Officer, Burnham Holdings, Inc.Mark C. Fitzgerald, President & Chief Operating Officer, High Real Estate Group*James R. Hoehn, Regional President, PNC Bank, N.A.*Wendy Lance, Partner, Tax Services Group, RKL LLPBret Lieberman, Hay & Forage Global Product Line Leader, CNH Industrial America LLCRobert P. Macina, Executive Vice President, CAO, & General Counsel, Penn Medicine Lancaster General Health*Liz Martin, President, Martin Insurance Agency | Family farm ownerKendra D. McGuire, Esq., Member, McNees Wallace & Nurick LLC*Michelle Rondinelli, Co-Owner & President, Kitchen Kettle Foods, Inc.E. Philip Wenger, Chairman and CEO, Fulton Financial Corporation*Steve Zuckerman, Co-Founder/Principal, Oak Tree Development Group

Ex Officio, Thomas T. Baldrige, President & CEO, The Lancaster ChamberEx Officio, Cathy Rychalsky, Executive Director, Lancaster County Workforce Development BoardEDC recognizes Carl Freeman, Site Director– Elizabethtown, PA, and Newmarket, CAN, Mars Wrigley Confectionery, for his service on EDC’s Board of Directors and EDC/EDC Finance Corporation Investment & Finance Committee during 2020.

* Denotes members of the EDC Executive Committee

EDC FINANCE CORPORATION BOARD OF DIRECTORSChair, Michael W. Davis, Partner, Barley Snyder* Vice Chair, Jeffrey S. Bleacher, Managing Partner, Ross Buehler Falk & Company, LLP*Joan M. Brodhead, Executive Vice President & Chief Operating Officer, Community First FundJoshua D. Cohen, Esq., Member, McNees Wallace & Nurick LLCJacquelin Eby, CFO & Partner, Versatek Enterprises, LLCJustin M. Eby, Deputy Executive Director, Lancaster County Housing & Redevelopment AuthorityJustin S. Evans, Township Manager, Mount Joy TownshipJordan Farrell, Vice President Finance, Irex CorporationR. Edward Gordon, Executive VP & Chief Financial Officer, Wohlsen Construction CompanyRoger M. Guttridge, Retired, M&T Bank

Brett D. Jackson, Partner, Brubaker Connaughton Goss & Lucarelli LLCMark P. Lauriello, PE, Chief Executive Officer, RETTEWHonorable Craig Lehman, Commissioner, County of LancasterMichael P. Peachey, Partner, Acuity Advisors & CPAsRobert C. Shoemaker, Emeritus, Lancaster City Alliance

* Denotes members of the EDC Executive Committee

FOUNDATION OF THE EDC BOARD OF DIRECTORSChair, Robert M. Krasne, Chairman and CEO, Steinman Communications | Chairman & Publisher, LNP Media Group, Inc.Vice Chair, Troy A. Clair, President & CEO, Clair GlobalJeffrey S. Bleacher, Managing Partner, Ross Buehler Falk & Company, LLPMichael W. Davis, Partner, Barley SnyderMark C. Fitzgerald, President & Chief Operating Officer, High Real Estate GroupJames R. Hoehn, Regional President, PNC Bank, N.A.Robert P. Macina, Executive Vice President, CAO, & General Counsel, Penn Medicine Lancaster General HealthKendra D. McGuire, Esq., Member, McNees Wallace & Nurick LLCE. Philip Wenger, Chairman and CEO, Fulton Financial Corporation

P A G E 1 2 0 2 0 B O A R D , C O M M I T T E E , A N D V O L U N T E E R E N G A G E M E N T

2020 BOARD, COMMITTEE, & VOLUNTEER ENGAGEMENT

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EDC/EDC FINANCE CORPORATION AUDIT COMMITTEEJennifer D. Goldbach, Vice President of Business Development, Rhoads Energy CorporationBrett D. Jackson, Partner, Brubaker Connaughton Goss & Lucarelli LLCBret Lieberman, Hay & Forage Global Product Line Leader, CNH Industrial America LLC

EDC/EDC FINANCE CORPORATION INVESTMENT & FINANCE COMMITTEEChair, R. Edward Gordon, Executive VP & Chief Financial Officer, Wohlsen Construction CompanyChristopher Drew, President & Chief Operations Officer, Burnham Holdings, Inc.Michael G. Fessler, Director of Regulatory Affairs, UGI Utilities, Inc.Leanne Gorsuch, Executive Vice President & CFO, EHDTodd L. Harrington, Managing Partner, Trout CPA

EDC MEMBERSHIP COMMITTEEChair, E. Philip Wenger, Chairman and CEO, Fulton Financial CorporationWendy Lance, Partner, Tax Services Group, RKL LLPSteve Zuckerman, Co-Founder/Principal, Oak Tree Development Group

EDC NOMINATING & CORPORATE GOVERNANCE COMMITTEEChair, Robert P. Macina, Executive Vice President, CAO, & General Counsel, Penn Medicine Lancaster General HealthLiz Martin, President, Martin Insurance Agency | Family farm ownerMichelle Rondinelli, Co-Owner & President, Kitchen Kettle Foods, Inc.

RECOVERY LANCASTER CORE LEADERSHIP TEAM Honorable Ray D’Agostino, Commissioner, County of LancasterLarry George, Chief Clerk, County of LancasterBarb Huesken, Communications ProfessionalEd Hurston, Public Health Emergency Advisor, County of LancasterMark P. Lauriello, PE, Chief Executive Officer, RETTEW Robert P. Macina, Executive Vice President, CAO, & General Counsel, Penn Medicine Lancaster General HealthMike Reynolds, General Manager, Lancaster BarnstormersAndrea Shirk, General Manager, Rock LititzHilda Shirk, Retired, Lancaster Health CenterDanene Sorace, Mayor, City of LancasterBrett Tennis, Principal, Walz Group

Alison van Harskamp, Director, Corporate Communications and Public Relations, Armstrong FlooringBob Zorbaugh, CEO, Lancaster County Solid Waste Management Authority

For more information on Recovery Lancaster and the extraordinary work of countless more volunteers, visit www.RecoveryLancaster.com/News.

EDC STAFFLeigh Bardell, Portfolio ManagerJohn Biemiller, Director, Business Retention & Expansion Joseph Flanagan, Economic Development Financing ManagerJessica Hamilton, Director, Project ManagementApril Hennessey, Project Loan AdministratorLyle Hosler, Vice PresidentRandall Johnston, Director, Business Retention & ExpansionAmanda Mosso, Operations & Communications ManagerJean Rehrig, Operations DirectorLisa Riggs, PresidentEzra Rothman, Manager, Economic Development StrategiesNaomi Young, Director, Center for Regional Analysis

2020 BOARD, COMMITTEE, & VOLUNTEER ENGAGEMENT

P A G E 2 2 0 2 0 B O A R D , C O M M I T T E E , A N D V O L U N T E E R E N G A G E M E N T

Volunteers help tell EDC’s 2020 story on a special video. To watch, click here.

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DEVELOPER $15,000–$29,999

PARTNER $7,500–$14,999

LEADER $50,000+

FOUNDER $30,000–$49,999

P A G E 1 2 0 2 0 E D C M E M B E R S H I P

2020 MEMBERSHIP

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MEMBER $3,500–$7,499Acuity Advisors & CPAsArmstrong World IndustriesBaker TillyBarley SnyderBB&T, now TruistBenchmark Construction BFW GroupBrubaker Connaughton Goss & Lucarelli LLCBurnham HoldingsCharles & Alice USACountry Lane Woodworking EHDEurofins Lancaster LaboratoriesFranklin & Marshall CollegeIrex CorporationKitchen Kettle FoodsCity of LancasterLancaster County Housing & Redevelopment AuthoritiesMcNees Wallace & Nurick LLCMillersville University of PennsylvaniaNikolaus & HohenadelProfessional Design & ConstructionRETTEWRohrer’s IncorporatedTait TowersThaddeus Stevens College of TechnologyTriStarrTrout CPAWarfel ConstructionWohlsen Construction

ASSOCIATE $1,750–$3,499Abel ConstructionAppel, Yost & ZeeB.R. Kreider & SonBeers + Hoffman ArchitectureBertz, Hess & CompanyBrown Schultz Sheridan & FritzCARELCargas SystemsCCS Building GroupCertified CarpetCGA ConstructionCommercial & Industrial Real Estate Council/LCARCompass Real Estate

Conrad SiegelCore Design GroupDavid Miller/AssociatesDentechDomani WealthEastern Alliance Insurance GroupELA GroupBorough of Ephrata Ephrata National BankFirst Citizens Community BankFirst National BankFlyway ExcavatingKellogg CompanyLift, Inc.Lumsden CorporationMars Wrigley ConfectioneryMartin Insurance AgencyMcKonly & AsburyMurrayNAI Commercial PartnersOrrstown BankPenn Cinema Management CompanyPennsylvania College of Art & DesignPeoplesBankPine Hill ManufacturingProvidence Engineering CorporationRealty Settlement ServicesRefreshing Mountain Retreat & Adventure CenterRGS AssociatesRhoads Energy CorporationRoss Buehler Falk & CompanyS&T BankScenic Ridge CompanySelect SecuritySpooky Nook SportsStifel | Scudner GroupStoner, Inc.Univest BankVersatek EnterprisesWalz GroupThe Wenger Group

SUPPORTER $500Borough of ColumbiaCommunity First FundBorough of DenverDiscover LancasterEast Hempfield Township

East Lampeter TownshipElizabethtown BoroughHarrisburg International AirportHousing Development Corporation/MidAtlanticKutztown University SBDCThe Lancaster ChamberLancaster City AllianceLancaster County Career & Technology CenterLancaster County Workforce Development BoardLibrary System of Lancaster CountyBorough of LititzMainspring of EphrataManheim TownshipMasonic Village at ElizabethtownMount Joy BoroughMount Joy Borough AuthoritySCOREBorough of StrasburgWest Hempfield Township

FARM PARTNER $250Barley Farms and Star Rock DairyOregon Dairy

P A G E 2 2 0 2 0 E D C M E M B E R S H I P

2020 MEMBERSHIP

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BENEFACTOR

ADVOCATE

2020 SPONSORS ANNUAL

MEETING SPONSOR

CHAMPION

P A G E 1 2 0 2 0 E D C S P O N S O R S