Areas Served: City of Big Lake
The Big Lake Economic Development Authority offers a revolving loan fund for businesses in Big Lake, Minnesota.
Job creation is a criterion for consideration.
(1) FTE job per $35,000 of borrowed funds.
Borrowers can use the Big Lake RLF funds for fixed assets purchases like land, buildings, and machinery/equipment.
Big Lake may provide up to 35% of project cost or a maximum of $150,000 to any company.
Contact InformationBig Lake Economic Development Authority
Address: 160 Lake St
City: Big Lake
State: Minnesota
Website:
http://www.biglakemn.org/index.asp?Type=B_BASIC&SEC=%7B75D28452-5822-4C06-BE03-3618E8B06E62%7D&DE=%7BB2912384-599E-447B-AAFD-8518AEDAA86D%7D
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