Loans Awarded in Fiscal Year 2007

The following list includes loans awarded through the Southwest Initiative Foundation's Revolving Loan Fund, Renewable Energy Loan Program, Regional Centers Loan Program, Small Communities Loan Program, the Technology Development Fund and the USDA Intermediary Re-Lending Program.

The Foundation’s loan programs, with the exception of the Micro-Enterprise Loan Program, are administered by Prairieland Economic Development Corporation to give loan clients an expanded base of expertise and options. 

Eleven loans were awarded in Fiscal Year 2007 through these programs, totaling $1,161,000.

 

 
Grants
  Grants Listing
  Community and Designated Funds Grants
  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

Gonnerman Service Master

Start-up of a Service Master franchise.

Luverne Rock

Menning Enterprises, Inc.

Expansion of a retail dog breeding business.

Pipestone

Pipestone

Bubai Food Store

Expansion of a retail business.

 Redwood Falls

Redwood

Northern Grounds

Expansion and renovation of a coffee shop.

Willmar Kandiyohi

Community Wind South, LLC

Funds used to engage in the MISO study.

Luverne Rock

Feedlogic Corporation

Expansion of agri-processing business.

 Willmar

Kandiyohi

Feedlogic Corporation (Second loan)

Expansion of agri-processing business.

 Willmar

Kandiyohi

North American Fertilizer, LLC

Start-up of a technologically innovative business.

Benson Swift

North American Fertilizer, LLC (Second loan)

Start-up of a technologically innovative business.

Benson Swift

Prairie Waters Inn, Inc.

Start-up of a hotel using JPAC funds.

Appleton Swift

Jasper Mini Mall, LLC

Expansion of retail business.

Jasper Rock
     

11 Loans in FY 2007 Totaling $1,161,000

 

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