Low-interest loan will benefit people living with disabilities
Rep. Mark Rozzi February 27, 2023 | 2:07 PM
READING, Feb. 27 – House Speaker Mark Rozzi today announced that J-Van Body Inc., a minority-owned business in Reading, was awarded a $195,000 loan for an initiative benefiting people living with disabilities.
J-Van Body was approved for the loan through the Pennsylvania Minority Business Development Authority. Funding will go toward financing equipment to produce a Mobile Personal Care Vehicle, as well as working capital. The MPCV is a specialty van that provides critical services to people with disabilities. Through this project, the company will create three new jobs within three years and retain two full-time employees.
“Supporting minority-owned businesses is a great way to stimulate economic growth here in Reading. By empowering these businesses, we not only create economic opportunities, but we also promote diversity and inclusivity,” Rozzi said. “I look forward to seeing how J-Van Body uses this funding to accomplish their mission of serving Pennsylvanians with disabilities.”
Established in 1974, the PMBDA administers low-interest loan financing to businesses owned and operated by ethnic minorities to promote job creation and entrepreneurial development. J-Van Body is a Reading-based van body and truck equipment manufacturer established in 2016.
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