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MN
Small Business Loan Participation Program
Uses Minnesota SSBCI funds to participate in lender loans to eligible small businesses.
About this program
The Small Business Loan Participation Program is one of Minnesota's SSBCI 2.0 capital access programs. DEED uses public funds to participate in private lender loans, helping eligible Minnesota small businesses access financing for growth, working capital, equipment, and other approved business purposes.
Eligibility
Eligible borrowers are Minnesota small businesses working with participating lenders on eligible business loans.
Requirements
- Business must be an eligible Minnesota small business.
- Business must work with a participating lender.
- Loan must support eligible business purposes.