Business Finance Program

Loan Summary



Summary

Total Loans and Guarantees

21

Total Dollars Leveraged

$17,773,300

Jobs Created & Maintained

266

Total Business Financing Activity

$2,658,570

Loans

Points North, Inc., Duluth
Schwartz Redi-Mix, Inc., Grand Rapids
Greniger Sugar Brook Enterprises, Inc., Cohasset
Northstar Aerospace, Duluth
Minnesota Diversified Industries, Inc., Grand Rapids
TruRide, Inc., Duluth
Pro Form Manufacturing, Inc., Virginia
Windlogics, Inc., Grand Rapids
Cast Corporation, Hibbing
Pru Properties, LLC., Barnum
Common Ground Deconstruction Service & Reuse Center, LLC., Duluth
GEMS Properties, LLC., Cohasset
WTHC Properties II, LLC., Duluth
Women in Construction Training Program/Women in Construction Company,    LLC., Duluth
Next Generation Ophthalmics, Inc., Grand Rapids
Great Lakes Home & Resort d/b/a Kasson Manufacturing, Inc., Babbitt
Northern Waters Smokehaus, Duluth
PC Game Outlet, Duluth
No Swett, Duluth

Business Finance Program
Technical Advisory Committee

Gary Arnebeck
Chisholm

Dean Croft
Two Harbors Credit Union
Two Harbors

Debra Demianiuk
Beacon Bank
Duluth

Bob Palmquist
The Northspan Group
Duluth

Pam Sarvela
UMD Center for Economic Development
Duluth

Steve Schneberger
National Bank of Commerce
Duluth

Steve Utech
Republic Bank
Duluth

 

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