A strength of the Port Authority is its ability to provide area companies with a range of innovative financing programs to help create or retain jobs.
Businesses can obtain lower interest loans than otherwise possible from commercial banks.
The study used loan amounts provided by the Port Authority and translated the job growth from the agency's direct lending to calculate the direct impact, indirect impact, induced impact and total economic impact of the loan programs on the region. In that period, the Port Authority in cooperation with area economic development agencies and governments created 2,135 new jobs in Northwest Ohio.