Tyber Medical receives $362k loan from Pennsylvania state authority: 4 things to know

Tyber Medical has been approved for a $362,500 loan from the Pennsylvania Industrial Development Authority, according to a report by The Morning Call.

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Here are four things to know:

 

1. Tyber Medical will use the funds to develop a clean room and purchase equipment for its offices.

 

2. The loan has a 3.25 percent fixed interest rate.

 

3. The company recently opened offices in Hanover Township, Northampton County, Pa.

 

4. The company pledged to create 25 full-time jobs.

 

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