The projects supported through these PIDA loans will inject more than $15.2 million into the economy, create 34 new jobs, and retain 98 existing positions. Since the Shapiro Administration took office in 2023, the Pennsylvania Industrial Development Authority (PIDA) has approved $161,400,538 in low-interest loans that have resulted in $412,782,567 in private investment, the creation of 1,349 full-time jobs, and retention of 2,394 existing jobs.