We provide personalized service to meet your business needs. We understand that each business is unique and you know what your company needs to run smoothly. Let Michele help you provide the financial means to grow your business.

Download our business loan application (PDF, opens new window), complete, and return to Penn State Federal. For more information call 814-865-5976.

Business Visa Platinum Credit Card

A business credit card with no annual fees, competitive interest rate, customized credit limit control, unlimited number of cards and 24/7 account management options. Download our Business Visa Application, complete, and return to Penn State Federal.

Business Visa Application (PDF, opens new window)

Commercial Real Estate

We can help you purchase or refinance single or multi-family investment properties and commercial buildings. We offer a variety of repayment terms and have no pre-payment penalties.

Lines of Credit

Let us help you with your short term financial needs by bridging gaps between accounts receivable and accounts payable. Lines of credit can be secured or unsecured with monthly interest payments on outstanding balances and flexible principal payments to fit your operating cycle.

Commercial Vehicle Loans

Let us keep your business rolling along with our great rates on vehicles.

  • Up to 100% financing on consumer type vehicles used for a combination of business and personal use that are titled in the business' name
  • Up to 100% financing on commercial vehicles
  • NO pre-payment penalties

Term Loans

Growing businesses need customized loans that fit their needs. We offer secured and unsecured term loans for financing equipment and improvements. Enjoy our great rates and no pre-payment penalties.

Michele Steinbugl Conklin
V.P. of Business Lending
michelesteinbugl@pennstatefederal.com

Common requirements when applying for a small business loan

  • 3 years of business tax returns
  • Schedule of existing debts
  • Personal financial statement for principal owners of 20% or more
  • 3 years of Form 1040 tax returns including all schedules for principal owners of 20% or more

**Member business loans are not eligible for Skip A Pay. Please see your Business Lender with any questions.