The Pennsylvania Industrial Development Authority said it is providing a more than $1.2 million low-interest loan to a Lebanon County company to help it expand.

The process used by the Wolf administration to exempt some businesses from the March 19 pandemic closure mandates was “inconsistent” and “subjective,” according to state Auditor General Eugene DePasquale.

The Board of Directors of Fulton Bank approved plans to consolidate 21 financial centers, four of which are located in central Pennsylvania, into nearby locations by Jan. 8.

Bank of Bird-in-Hand has accepted subscriptions for 789,473 shares of common stock making for total proceeds of $15 million almost three weeks after commencing its common stock offering.

Gov. Wolf said Monday 5,373 additional small businesses are set to receive $96 million in state grants to weather the economic conditions of the COVID-19 pandemic through the second round of the commonwealth’s statewide COVID-19 grant program, announced in July.

Mechanicsburg managed IT and cybersecurity provider Appalachia Technologies has acquired Stronghold Cyber Security, a Gettysburg-based company specializing in compliance consulting services for defense contractors.

Lancaster-based financial services company Fulton Financial Services has agreed to pay a $1.5 million penalty to the Securities and Exchange Commission after regulators alleged it inaccurately reported financial performance from late 2016 through mid-2017.

Lancaster-based supportive housing developer HDC MidAtlantic has secured the first sale for its homeownership program, which provides resources to residents of modest incomes to purchase Larkspur Crossing residences at a price significantly below market value.

Mid Penn Bancorp, the parent company of Mid Penn Bank, announced it will close three branches in the bank’s retail network by the end of the year as part of a consolidation strategy.

Community bank F&M Trust announced Thursday it will open a regional headquarters location in Harrisburg at 4050 Crums Mill Road in Lower Paxton Township.

State Auditor General Eugene DePasquale said his department’s report on the state’s controversial waiver process that allowed certain businesses to operate amid the pandemic will be released to the public during the first week of October, with a target release date of Oct. 6.

“Underlying this pandemic, I think there is a very hot economy,” Black said. “It’s not like what we saw in the big recession. This is kind of an artificial recession.”

Bank of Bird-in-Hand, a community lender serving Lancaster and Chester counties, intends to undertake a common stock offering commencing in September, according to an announcement this week from President and CEO Lori A. Maley.

Adam Stewart will join midstate credit union PSECU’s leadership team in the newly created role of assistant vice president of sales and sales strategy, transitioning out of his marketing leadership role at another Harrisburg credit union, Belco Community Credit Union. Stewart’s appointment is effective, Sept. 8.

A grant program designed to help York County small businesses and nonprofits recover from the economic blow inflicted by COVID-19 is taking applications.