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Small Business Development Loan Program (Minnesota)

Eligibility 
Commercial
Savings Category 
Fuel Cells
Photovoltaics
Program Info
State 
Minnesota
Program Type 
Loan Program

The Small Business Development Loan Program, sponsored by Minnesota’s Agricultural and Economic Development Board, issues industrial development bonds to provide small business loans up to $5 million to businesses whose expansion results in the creation of new jobs. Loans are available to manufacturing and industrial companies with fewer than 500 employees. The loan may be used for real estate or machinery and equipment.