David Miller/Associates, Inc. (DM/A) an established local civil engineering firm specializing in landscape architecture, civil engineering, planning, geology, and surveying, recently completed the acquisition of its leased headquarter facilities on Centerville Road. In addition, the company completed several renovations and upgrades to the facility.
OTC Fleet Services Buys Building
OTC Fleet Services, a growing Susquehanna Valley fleet service provider specializing in routine maintenance, on-site repairs, and emergency services for commercial and industrial fleet equipment, has purchased their leased building on Running Pump Road. Already with locations in Lancaster and Harrisburg, OTC utilized SBA 504 financing through EDC Finance to keep their equity injection at a low 10% as they evaluate all of their growth options in the coming years.
The $555,000 SBA 504 loan complemented senior financing from Mid Penn Bank.