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Administered
by the Minnesota Department of Trade and Economic Development
through local units of government.
Type of Funding:
Low interest loans.
Eligible Uses
of Funds: Fixed assets, working capital, and commercial/industrial
real estate.
Eligible Borrowers:
Individuals, partnerships and limited partnerships.
Loan Amount:
Varied; $500,000 maximum.
Interest Rate:
Negotiable, no set rate.
Term: Negotiable.
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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