Microloan Intermediaries -Minnesota African Development Center (ADC)
Northwest Minnesota Foundation 201 3rd St. N.W. Bemidji, MN 56601 218-759-2057 800-659-7859 Service area: Beltrami, Clearwater, Hubbard, Kittson, Lake of the Woods, Mahnomen, Marshall, Norman, Pennington, Polk, Red Lake, and Roseau counties. Southern Minnesota Initiative Foundation 525 Florence Ave. PO Box 695 Owatonna, MN 55060 507-455-3215 | inquiry@smifoundation.org Service area: Faribault, Fillmore, Freeborn, Goodhue, Houston, Le Sueur, Martin, Mower, Nicollet, Olmsted, Rice, Sibley, Steele, Wabasha, Waseca, Watonwan, and Winona counties. Southwest Initiative Foundation 15 3rd Ave. N.W. Hutchinson, MN 55350 320-587-4848 800-594-9480 info@swifoundation.org Service area: Big Stone, Carver, Chippewa, Cottonwood, Jackson, Kandiyohi, Lac qui Parle, Lincoln, Lyon, McLeod, Meeker, Murray, Nobles, Pipestone, Redwood, Renville, Rock, Swift, Wright, and Yellow Medicine counties . WomenVenture 165 Western Ave North, Suite 8, Office 100 St. Paul, MN 55102 612-224-9540 7(a) Loan Program SBA's primary program for providing financial assistance to small businesses. 8(a) Business Development Program To help provide a level playing field for small businesses owned by socially and economically disadvantaged people or entities, the government limits competition for certain contracts to businesses that participate in the program. 504 Loan Program Long-term, fixed rate financing of up to $5.4 million for major fixed assets Certified Development Companies (CDCs) Central Minnesota Development Company (CMDC) 1885 Station Parkway N.W. Andover, MN 55304 763-784-3337 Minnesota Business Finance Corporation (MBFC) 320-258-5000 800-593-0123 Excelsior Office: 350 State Hwy 7, Suite 200 Excelsior, MN 56331 612-718-1148
1931 South 5th Street Minneapolis, MN 55454 612-333-4772 877-232-4775 info@adcminnesota.org ADC Rochester 507-282-7333 ADC Willmar 518 Litchfield Ave. S.W. Willmar, MN 56201 320-262-8545 ADC St. Cloud 101 7th Avenue S. Suite 201 St. Cloud, MN 56301 320-204-5310
Service Area: Anoka, Beltrami, Blue Earth, Carver, Chisago, Dakota, Faribault, Hennepin, Isanti, Kandiyohi, Lyon, Olmsted, Ramsey, Scott, Sherburne, Stearns, and Washington counties. African Economic Development Solutions (AEDS) 1821 University Ave. W., Suite S-145 St. Paul, MN 55104 651-646-9411 | info@aeds-mn.org First Children's Finance 212 Third Avenue North, Suite 310 Minneapolis, MN 55401 866-562-6801 Neighborhood Development Center (NDC) 625 University Ave. St. Paul, MN 55104 651-291-2480 Service area: Hennepin and Ramsey counties. Entrepreneur Fund, Inc. 218-623-5747 800-422-0374 info@efund.org
Iron Range Office: 551 Hat Trick Ave. Eveleth, MN 55734
218-749-4191 Duluth Office: 202 W. Superior Street, Suite 311 Duluth, MN 55802 218-623-5747 Little Falls Office: 309 1st Street NE Suite 103 Little Falls, MN 56345 218-735-6033
Service Area: Aitkin, Carlton, Cass, Cook, Douglas, Itasca, Koochiching, Lake, Pine, St. Louis counties
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