City's revolving loan fund is being utilized
The city of Park Rapids is bringing business to town with its revolving loan fund.
Black Swan Cooperage, LLC, plans to relocate to the Park Rapids industrial park with a $93,000 loan from the city to help bridge a gap in lending.
Black Swan Cooperage, currently in Osage, is a wooden barrel manufacturer. It has a national market, selling to craft distilleries primarily for whiskey production.
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