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Business and Industry - United States Department of Agriculture Rural Development

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

Physical Address

375 Jackson Street, Saint Paul, MN 55101-1853

Hours

8 am - 4:30 pm Monday - Friday

Fax

(651)602-7824

Voice

(651)602-7834

Application process

Call or visit website to apply. Business and industry loan applications must be made through the state office.

Required documents

Application/intake form; photo ID

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

Service area

MN

Agency info

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.

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