BARNESVILLE STORE FRONT IMPROVEMENT LOAN PROGRAM

The Barnesville Main Street Program, offers reduced rate monies to assist business owners in improving the exterior of their building store fronts.

Type of Funding: Low interest loans.

Eligible Uses of Funds: Building additions, remodeling of exteriors including walls, windows, doors, sign lettering, awnings and similar improvements.

Eligible Borrowers: Building owners and tenants with leases which permit leasehold improvements.

Loan Amount: $7,000 maximum.

Interest Rate: Prime rate variable.

Term: 5 Years.

All applications will be based on the financial institutions standard business loan criteria. Upon loan closing, the applicant must sign a statement acknowledging that if the business is sold, the loan must be repaid in full.

Contact:

Midwest Bank Norwest Bank

215 Front St. S. 202 Front St. N.

(218) 354-2704 (218) 354-2201

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