HRFC

HRDC and HRFC are pleased to announce the rollout of our new Covid-19 Relief Loan Fund. This program is the result of a $3.14 million grant from the federal Economic Development Administration and funded by the CARES Act. The purpose is to help businesses that have been negatively impacted by Covid-19.

CLICK HERE TO APPLY

A few notes about the Covid-19 Relief Loan Fund:

    • Eligible borrowers are businesses that have been negatively impacted by Covid-19. Start-ups will be considered if they are filling an essential service in their community.
    • Flexible terms.
    • Starting interest rates as low as 0% with adjustments made according to term and collateral.
    • Loans will be made to businesses in five county region: Beltrami, Mahnomen, Clearwater, Hubbard, and Lake of the Woods.

Sarah Linda is the main contact for the program (contact information below), but you can also reach out to Tiffany Fettig at tfettig@hrdc.org (Underwriter) or Vicky Hetteen at vhetteen@hrdc.org (Support Specialist).

Direct: 218-333-6536
Cell: 218-214-2848
General: 218-444-4732

slinda@hrdc.org

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