Rice Revolving Loan Fund

Eligible applicants are new or businesses located anywhere in Rice. Applicants must be in compliance with local government zoning codes as well as all other local, state, and federal laws applicable to them. The Rice Loan may provide up to 45% of the total project cost and not to exceed $100,000.  Loans in excess of $25,000 need to comply with the State of Minnesota’s Guidelines for job creation. Borrowers can use the funds for fixed assets purchases or working capital.

Category: Local

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The City of Sartell has authority to provide financial assistance to development and redevelopment projects that provide benefit to the community. The use of Tax Increment Financing (TIF) and property Tax Abatement Financing (TAF) is governed by Minnesota Statute.  The city will consider requests for local funding for projects that satisfy community development goals and... Learn More
Sauk Rapids offers a full range of incentives that can be used to help make projects work. Such as Tax Increment Financing (TIF), Tax Abatement Financing (TAF), low interest loans, grants, land write downs, fee reductions or even possible waivers.  Applications and Fees are provided after assessment of project and mutual interest.  For more information Contact Learn More
The purpose of the City of St. Cloud Economic Development Revolving Loan Fund (RLF) is to deploy and sustain a local pool of money to support private economic development and redevelopment projects for the benefit of the City of St. Cloud. Revolving Loan Funds... Learn More