NORTHLAND FOUNDATION
202 West Superior Street, Suite 610
Duluth, Minnesota 55802
© 2018 NORTHLAND FOUNDATION
What makes an entrepreneur tick? Seeing an opportunity and having the courage to act on it. Jessica and Erik Lietz are a prime example. This young northeastern Minnesota couple shares a bold vision and a risk-taking spirit.
The BoomTown Brewery & Woodfire Grill rang in the new year as a new business, opening December 31, 2017. It is the city of Hibbing’s first brewpub but the Lietz’s third restaurant. First they bought the Whistling Bird in Gilbert, then created the BoomTown Woodfire Grill in nearby Eveleth.
With a beautiful brick building available on Hibbing’s historic main street, the couple looked, then leaped again, this time into craft brewing.
Starting a brewpub requires big investments like hiring a skilled brew master and buying costly equipment. Besides adding a brewing room, Erik and Jessica also planned to renovate the whole interior. The Northland Foundation stepped up to the bar (so to speak) providing a Community Advantage SBA loan for brewing equipment to help the Lietzs seal the deal.
“The first nine months have been busy and positive,” says Jess. “Everyone in Hibbing is so welcoming.”
As for the future, “You see an opportunity and you go for it,” said Erik with a smile. Spoken like a true entrepreneur.
Total Loans: 21
Dollar Total: $2,053,980
Dollars Leveraged: $16.4 million
Jobs Created/Maintained: 281
Enterprises, Inc. d/b/a BoomTown, Hibbing
PureDriven, LLC, Two Harbors
Earth Rider Brewing, LLC, Superior
Horizon HCS, Duluth
Wolf Ridge Environmental Learning Center, Finland
Archer Properties, LLC, Two Harbors
Lux Fitness, LLC, Hibbing
Alta Land Survey Company, P.C., Duluth
KMDA, Inc., Bovey
DC Testing, LLC, Superior
BC Cleveland Properties d/b/a Silver Tip - Custom Life Clothing, Grand Rapids
E. Sheridan Properties, LLC, Historic Ely State Theater, Ely
URSA Minor Brewing, LLC, Duluth
Gemini Custom Brands, Inc., Grand Rapids
Duluth Cider, LLC, Duluth
Negley Properties, LLC, Babbitt
Aunty's Child Care, LLC, Duluth
The following individuals provide guidance to the Northland Foundation staff
and Board of Trustees in regards to business lending decisions.
William M. Arrezzo
Senior Vice President – Private Banking Manager
National Bank of Commerce
Jeff Borling
Economic Development Lead
Great River Energy
Brian Murphy
Chief Lending Officer
North Shore Bank of Commerce
Deb Otto
Market President
Alerus
Tom VanHale*
Retired
Curt Walczak
Consultant
UMD Center for Economic Development
Kurt Werner
Executive Vice President
Woodland Bank
*Tom VanHale retired from the Technical Advisory Committee in July 2018.