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Revolving Loan Fund in place to help businesses attain growth potential

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Park Rapids is developing a Revolving Loan Fund to utilize several pools of economic development funds.

The RLF will use funds from past state or federal assistance, including funds from the Minnesota Investment Fund and the Urban Development Action Grant. The total now is about $200,000.

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Anna Erickson
Anna Erickson is editor of the Park Rapids Enterprise.
(218) 732-3364
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