Downtown and County Road E Revolving Loan

Downtown and County Road E Revolving Loan Photo

The Revolving Loan and Grant Program (RLGP) is aimed at improving the utility and appearance of Downtown or County Road E businesses while encouraging the leveraging of private investment which would otherwise not occur.  The program provides up to $40,000 for a term of up to 10 years at two percent interest. Revolving loan program participation requires a 100 percent match by an authorized participating White Bear Lake located financial institution.  The program also offers grants to those businesses financing at least $20,000, and completing exterior improvements. If interested see the attached document for more information.

  Contact

Tracy Shimek City of White Bear Lake P: (651) 762-4838

  Additional Information

  County Road E Revolving Loan and Grant Program Handbook
  Revolving Loan and Grant Program Guidelines and Regulations Handbook

  Locations

White Bear Lake

  Category

Grants and Financing
Business Expansion and Job Creation
Redevelopment

  Coverage Map