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MN
Minnesota Loan Guarantee Program
Provides guarantees to enrolled lenders for up to 80% of principal on loans to eligible Minnesota businesses.
About this program
Provides guarantees to enrolled lenders for up to 80% of principal on loans to eligible Minnesota businesses.
Eligibility
Minnesota small businesses using funds for eligible business purposes through enrolled banks, credit unions, CDFIs, or nonprofit lenders.
Requirements
- Must be a Minnesota business
- Must be unable to obtain conventional financing
- Loan must be from a participating lender
Funding Categories
State Small Business Finance