Financing Program
Type of Assistance: Loans
Industry: Industrial, Other, Recreation/Tourism, Technology, Wood Products
Maximum Amount Available: $200,000
Qualifier or Eligibility
- Benefits citizens of Two Harbors in jobs or tax
- base. Leverage 1:1 Land, building,
- equipment, working capital and inventory.
Funds
- Maximum loan: $200,000 or 50% of project cost
- Terms: 5 years - working capital
- 10 years- equipment
- 20 years- land and building
