Loans
The Southwest Minnesota Foundation's
Loan Programs are about creating a vibrant economy, providing
quality employment opportunities, nurturing the entrepreneurial
spirit, and improving the quality of life in southwest Minnesota.
They are one of the many ways the Foundation accomplishes
its mission of facilitating opportunities for economic, social
and cultural growth.
In
2005, the Foundation awarded a total of 28 loans to businesses
located in 12 of the 18 southwest Minnesota counties. The
Foundation assisted a wide variety of businesses ranging from
an ethnic grocery store to housing complexes and manufacturing
and service industries. These loans helped create or sustain
nearly 107 jobs.
Our
loans are another tool we use to "grow home."
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