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Administered
by the Minnesota Department of Trade and Economic Development.
Type of Funding:
Low interest loans.
Eligible Uses
of Funds: Acquisition of land, buildings, machinery, equipment,
building construction, renovation or development costs.
Eligible Borrowers:
Manufacturing and Industrial firms.
Loan Amount:
$500,000 to $6,000,000.
Interest Rate:
Varies on project to project basis.
Term: Varies;
maximum of 20 years.
Contact:
Minnesota Department of Trade & Economic Development
500 Metro Square Building
121 7th Place East
St. Paul, MN 55101-2146
(800) 657-3858
www.dted.state.mn.us
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