Business and Industry - United States Department of Agriculture - Rural Development
375 Jackson Street, Suite 410, Saint Paul, MN 55101-1853
Eligibility
Open to all businesses, non-profits, cooperatives, federally recognized Tribes, public bodies, and individuals engaged in or proposing to engage in business in rural Minnesota
Required documents
Application/intake form
photo ID
Hours
8 am - 4:30 pm Monday - Friday
Application process
Call or visit website to apply. Business and industry loan applications must be made through the state office.
Service area
MN
Other Information
Program Fees
- No Fee
The program provides financial backing for rural businesses. Provides loans with the following requirements:
- Applications from lenders for businesses
- For rural areas or in communities of under 50,000 population only
- Funds can help finance businesses, expand business, repair, modernize, develop land, purchase equipment, machinery, supplies, inventory, refinance under certain conditions, or prevent businesses from closing
- Lender furnishes funding
Last Assured
08/30/2024
Providing organization
United States Department of Agriculture - Rural Development
USDA Rural Development serves as the lead federal entity for rural development needs and administers program assistance through three agencies: Rural Housing Service, Rural Business-Cooperative Service, and Rural Utilities Service.