Success Story: Brownmed, Inc.

Success Story: Brownmed, Inc.

Spirit Lake, IA Brownmed, Inc., led by Dr. Ivan E. Brown, Jr., is a global medical device manufacturing company that recently obtained a SBA 504 loan through Prairieland EDC, which aided in the expansion of Brownmed’s manufacturing space at their Spirit Lake location....

Grant Awarded to IEDC

Grant Awarded to IEDC of Grand Rapids Minnesota Business Finance Corporation (MBFC) presented an Economic Development grant to Itasca Economic Development Corporation (IEDC) based out of Grand Rapids, MN. Terry Stein, Vice President of MBFC, was on hand to deliver the...

SBA Announces 25-Year Debenture!

SBA Announces 25-Year Debenture! It is official.  We are pleased to announce the availability of a 25 year Debenture for 504 projects that are approved on or after the date of this notice.  This is in addition to the 10 and 20 year 504 Loan and Debenture that are...