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Central and Northeast Minnesota group seeks $1M revolving capital to boost small-business lending
2783765 · March 26, 2025
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Summary
The Entrepreneur Fund requested a $1 million revolving-loan capital extension to leverage private and federal matching funds for small-business lending in 16 counties and five tribal nations; the committee laid the bill over for future consideration.
Representatives heard a brief presentation on House File 1506 from the Entrepreneur Fund, which seeks a $1 million revolving-loan capital infusion the organization says it will leverage to provide small-business loans in…
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