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This is our larger loan program and will fund
loans from $20,000 to $300,000. It is typically used to fund
new construction
of a building or the purchase of existing real estate or
purchase equipment in west central Minensota. In some cases, it may be used for working
capital or other intangible uses. The loan must always be
collateralized and will require a personal guaranty if the
loan is made to a corporation.
Business and Industry Loan Fund Application |
