What is Mid-State Paving?
Established in 1999 in Paxtonville, Mid-State Paving is a locally owned entity specializing in comprehensive paving and construction services. The company serves a broad clientele across residential, commercial, and municipal sectors throughout Central Pennsylvania. With specialized crews dedicated to various construction needs, Mid-State Paving has built a reputation for reliable service in its operational region.
How much funding has Mid-State Paving raised?
Mid-State Paving has raised a total of $395K across 2 funding rounds:
Debt
$150K
Debt
$245K
Debt (2020): $150K with participation from PPP
Debt (2021): $245K led by PPP
What's next for Mid-State Paving?
The substantial late-stage funding indicates Mid-State Paving is poised for significant growth and operational scaling. This capital infusion is likely to support fleet expansion, technological upgrades, and potentially geographic market penetration within Central Pennsylvania. The strategic nature of the recent investment suggests a focus on enhancing service capabilities and solidifying its market position against competitors in the regional paving and construction industry.
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