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EDA pitches quick-access $10,000 discretionary loan program
East Grand Forks City Council · November 10, 2025
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Summary
The Economic Development Authority presented a discretionary loan product capped at $10,000 aimed at quick, short-term, low-interest support for small projects or equipment purchases that won’t compete with local banks.
Maggie Brockling presented a new Economic Development Authority discretionary loan program during the Nov. 10 council work session. The EDA described the product as a short-term, low-interest…
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