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Posted: Saturday, December 22, 2012 12:00 pm | Updated: 3:30 pm, Wed Dec 19, 2012.
The Minnesota Department of Employment and Economic Development has awarded $1.03 million in loans that will help small businesses create 233 jobs statewide and retain another 472 jobs.
In all, 31 Minnesota businesses, including STAFF Manufacturing in Lester Prairie, will receive loans. The loans were awarded under the agency?s State Small Business Credit Initiative, which uses federal funding to stimulate private-sector lending that enables small manufacturers and other businesses to expand. DEED officials estimate the loans will leverage an additional $15.89 million in private capital.
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Posted in Business and agriculture on Saturday, December 22, 2012 12:00 pm. Updated: 3:30 pm. | Tags:
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