Micro-Enterprise Loans

The Southwest Initiative Foundation's Micro-Enterprise Loan Program was created to help entrepreneurs develop small businesses and self-employment opportunities in the 18 counties of southwest Minnesota.  The program provides customized support for entrepreneurs through ongoing technical assistance and training as needed for the length of the loan.

The Micro-Enterprise Loan Program was created with funding assistance from the United States Small Business Administration (SBA).  It has also received support from the Otto Bremer Foundation and United States Department of Agriculture.

In Fiscal Year 2007, 21 Micro-Enterprise Loans were awarded, totaling $231,820.

 
Grants
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  Valspar Grants
  How To Apply
Loans
  2007 Loans Listing
  SBA Micro-Enterprise Loans
  How to Apply for a Loan
  How to Apply for a Micro-Enterprise Loan
 
 
Recipient / Type of Business City County

Zoe Construction, Inc.

Start-up of a minority-owned construction business.

Marshall Lyon

Michael's Steakhouse

Start-up of a supper club.

Worthington

Nobles

Tex-Mex Restaurant

Start-up of a minority owned restaurant.

Willmar

Kandiyohi

The Dandelion House

Expand retail shop and add gift items to stainded glass studio.

Lake Benton Lincoln

All Aboard Marshall, Inc.

Purchase existing daycare/preschool.

Marshall Lyon

Avalon Beauty Academy, LLC.

Start-up of a private cosmetology school.

Worthington

Nobles

Peaceful Thymes Gifts & Garden Center, Inc.

Expand retail business by adding coffee expresso bar.

Atwater

Kandiyohi

Maria's Hair Salon

Start-up of a Hispanic beauty salon.

Hutchinson McLeod

Mama's Therapeutic Massage

Start-up of a therapeutic massage business.

Morton Renville

Peaceful Thymes Gifts & Garden Center, Inc. (Second loan)

Expand retail business by adding coffee expresso bar.

Atwater

Kandiyohi

The Eye Opener, LLC

Start-up of a coffee shop.

Winsted McLeod

All Family Chiropractic

Start-up of a chiropractic business.

Hutchinson McLeod

Nicola's Coffee & More

Expand an existing coffee shop.

Litchfield

Meeker

Brady's Cleanout Service, LLC

Expand home cleanout service and purchase of a trailer.

Glencoe McLeod

Stewart Septic System Services

Start-up of a septic system service.

Fulda

Murray

Charger Chiropractic & Soft Tissue Center PC

Start-up of a chiropractic business.

Dassel Meeker

Tortilleria Si Señor

Start-up of a tortilla manufacturing bakery business.

Worthington

Nobles

Glacial Ridge Winery, Inc.

Start-up of a farm winery, a value-added agricultural production business.

Spicer Kandiyohi

Josie Garcia Massage Therapy

Start-up of a massage therapy business.

Hutchinson

McLeod

AC Western Tack

Expansion of western tack manufacturing business.

Vesta Redwood

Deb's Healing Massage & Day Spa

Expansion of massage therapy business into day spa services.

Worthington Nobles
     
21 Micro Enterprise Loans in FY 2007 Totaling $231,820

 

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