Princeton Loan Fund

  • Agency: City of Princeton
  • Phone: 763-389-2040

Commercial and Industrial companies for fixed assets including land and building purchase, building construction, leasehold improvements and renovations; acquisition, renovation, or moving machinery and equipment.

TermFeesInterest
5 to 8 yearsReimbursement of closing and administrative costsAt or below market

Interest Type

Interest TypeAmountEligibility/Requirements
FixedUp to $75,000Be within city limits, business subsidy law requirements, job retention and/or creation and increased tax base.