article thumbnail

Flying Without Altitude

Business Facilities

This year, only 300 flights and about 8 million passengers will travel through PIT. The recent discovery that fracking is feasible at PIT could not come at a better time for the financially strapped airport. According to the Times report, about 42 percent of the annual operating budget at PIT goes to serving the airport’s debt.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Hawaii-based companies that receive Phase I feasibility study SBIR awards can apply for funds from HTDC’s Hawaii SBIR Matching Grant program.

Income 75