Add to Report View Custom Report
USDA Business and Industry Loan Guarantees « Back to Search Results
USDA Business and Industry Loan Guarantees

Category: Business Finance Options

Since Redwood is a rural county, its businesses are eligible for loan guarantees from the United States Department of Agriculture (USDA). These range from 80% loan guarantees for loans of up to $5,000,000, to 70% on loans of $5-10,000,000, and 60% on loans of $10-25,000,000. Equity requirements range from 10-20% and the term is 5-15 years depending on the assets being financed.

Fast Fact Image

"Living in the Cities for four years made me appreciate the kind of lifestyle the rural area has to offer.  It is a wonderful place to raise a family, and people are not too busy to wave when passing by or just stop to visit.  I felt a strong desire to bring a form of quality of healthcare back to this area."

Dr. Kyle Pankonin, Lamberton

Virtual Tour

CLICK HERE FOR A Redwood County Virtual Tour