|
Headquartered
in Detroit Lakes, Minnesota.
Type
of Funding: Venture capital, loans and loan guarantees.
Eligible
Uses of Funds: Fixed assets, working capital, inventory
expansion financing, and long term real estate. Preference
is given to projects likely to stimulate job creation and/or
improve rural living standards.
Eligible
Borrowers: Individuals, partnerships and corporations
involved in for-profit businesses.
Loan
Amount: Up to $150,000.
Interest
Rate: Varies.
Contact:
Midwest Minnesota Community Development Corporation
PO Box 623
Detroit Lakes, MN 56502-0623
(218) 847-3191
back
to Loan Programs |
