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
Voice
Voice
Fax
(651)602-7824
Voice
(651)602-7834
Website
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.