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Pennsylvania Business Report Pennsylvania Industrial Development Authority approves development loans for seven companies © Shutterstock The Pennsylvania Industrial Development Authority (PIDA) recently approved more than $11 million in low-interest loans for seven companies in five counties to create and retain employees, grow operations, and improve facilities. DelGrosso Foods in Blair County, through Altoona-Blair County Development Corp., was approved for a $1.6 million loan. The company will renovate a vacant 160,220-square-foot building in Antis Township into a food manufacturing faci...

Rock Lititz receives $2 million loan to build $12 million rehearsal studio Updated May 07, 11:25 AM; Posted May 07, 11:25 AM Pictured is The Hotel at Rock Lititz. Located on the Rock Lititz campus, the 139-room hotel caters to visiting artists, crews and tourists. November 14, 2018. Dan Gleiter | dgleiter@pennlive.comPENNLIVE.COM Facebook Share The loans are to create and retain employees, grow their operations, and improve their facilities. Rock Lititz Studio (through the EDC Finance Corporation) was approved for a 15-year, $2 million loan at a 1 percent reset rate to build a 44,400-squa...