INCENTIVE DESCRIPTION

State:	MN
Incentive Type:	Cash Grants and Financing Incentives
Incentive Title:	Industrial Revenue Bonds
Description:	SMALL BUSINESS DEVELOPMENT LOAN PROGRAM: Provides loans between $500,000 up to $6 million for small businesses through the issuance of industrial revenue bonds.
Eligibility Requirements:	For manufacturing and industrial businesses with 500 employees or fewer. New capital investment must result in a significant number of new jobs and other economic benefits economic impacts. 20% of project costs must be privately financed.
Geographic Restrictions:	Statewide
Granting Authority:	MN Agricultural and Economic Development Board

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.