PIDC Closed Projects

Philadelphia Navy Yard

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    PH project paid
  • First Loan Amount: $2.5 million
  • Jobs Created: 203
  • Full Repayment:12/16/2009
  • Second Loan Amount: $2.5 million
  • Jobs Created: 106
  • Full Repayment: 9/9/2010
  • Third Loan Amount: $13.5 million
  • Jobs Created: 418
  • Full Repayment: 2/5/2013
  • Website: www.navyyard.org

 

Starr Restaurants - Continental Midtown

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Lannett Company, Inc.

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    PH project lannett
  • Loan Amount: $4.5 million
  • Jobs Created: 104
  • Full Repayment: 12/13/2010
  • Website: www.lannett.com

 

Duane Morris, LLP

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Starr Restaurants - Butcher+Singer

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Advanced Sports, Inc

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    PH project sports
  • Loan Amount: $1.5 million
  • Jobs Created: 54
  • Full Repayment: 8/4/2011
  • Website: www.fujibikes.com

 

The Day & Zimmermann Group, Inc.

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    PH project dayzim
  • Loan Amount: $2.5 million
  • Jobs Created: 92
  • Full Repayment: 10/27/2013
  • Website: www.dayzim.com

 

Temple University Health System, Inc

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    PH project temple
  • Loan Amount: $13 million
  • Jobs Created: 616
  • Full Repayment: 4/22/2012
  • Website: www.templehealth.com

 

Wordsworth - List Associates

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    PH project temple
  • Loan Amount: $9 million
  • Jobs Created: 232
  • Full Repayment: 8/25/2011
  • Website: www.wordsworth.org

 

Rhoads Industries, Inc

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    PH project rhoads
  • Loan Amount: $7 million
  • Jobs Created: 153
  • Full Repayment: 8/3/2011
  • Website: www.rhoadsinc.com

 

121 Point Breeze Terminal, LLC

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    PH project arfaoil
  • Loan Amount: $2 million
  • Jobs Created: 44
  • Full Repayment: 11/28/2011
  • Website: www.arfaoil.com

 

K. P. Grant Enterprises

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    PH project grant
  • Loan Amount: $2.5 million
  • Jobs Created: 51
  • Full Repayment: 11/10/2014

 

Agusta Aerospace Corporation

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    PH project agusta
  • First Loan Amount: $15 million
  • Jobs Created: 460
  • Full Repayment: 12/16/2011
  • Second Loan Amount: $14.5 million
  • Jobs Created: 487
  • Full Repayment: 6/27/2014 
  • Website:www.agustausa.com

 

Aker Philadelphia Shipyard, Inc.

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Comcast Corporation

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University City Science Center

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    PH project science
  • Loan Amount: $20 million
  • Jobs Created: 457
  • Full Repayment: 11/29/2012
  • Website: www.sciencenter.org

 

Philadelphia Post - Acute Partners, LLC

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    PH project acute
  • Loan Amount: $9 million
  • Jobs Created: 184
  • Full Repayment: 4/17/2013
  • Website: www.postacute.com

 

Cintas Corporation

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    PH project cintas
  • Loan Amount: $7.5 million
  • Jobs Created: 153
  • Full Repayment: 11/26/2013
  • Website: www.cintas.com

 

Kimpton Hotel - Palomar Philadelphia

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Pennsylvania Convention Center

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    PH project convention
  • Loan Amount: $122 million
  • Jobs Created: 3,095
  • Full Repayment: 9/3/2014
  • Website: www.paconvention.com

 

Kimpton Hotel - Monaco Philadelphia

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Southeastern Pennsylvania Transportation Authority

    PH project septa
  • Loan Amount: $175 million (Tranche I - $35 million; Tranche II - $75 million; Tranche III - $65 million) 
  • Projected Job Creation: 3,500+
  • Maturity Date: (Tranche I - 5/30/2017; Tranche II - 7/1/2019; Tranche III - 7/1/2019)
  • Website: www.septa.org

 

Courtyard by Marriott - Navy Yard

 

Rhoads Industries, Inc

    PH project rhoads
  • Loan Amount: $12 million
  • Jobs Created: 420
  • Full Repayment: n/a
  • Website: www.rhoadsinc.com

 

Aker Philadelphia Shipyard, Inc.

 

Axalta Coating System

    PH project axalta
  • Loan Amount: $26.5 million
  • Projected Job Creation: 802
  • Maturity Date: n/a

 

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