Northland Foundation Recent Loans

Recent Loans

To learn more about the Business Finance Program, please email Michael Colclough or Alex Bastien, or call the Northland Foundation at (218) 723-4040.

2020 Third Quarter Loans: $423,923

  • Back Country Resort, LLC, Deer River
  • Northern Lakes Chiropractic, LLC, Duluth
  • Proper Properties, LLC, Cloquet

2020 Second Quarter Loans: $396,500 Northland-funded + $612,500 MN SBEL-funded

Four loans funded by the Northland Foundation's Business Finance Program and 27 SBEL loans funded through the State of Minnesota SBEL Program to provide relief for businesses directly impacted by shut-down orders.

  • Bialke Insurance Agency, Grand Rapids
  • Allrides, LLP, Virginia
  • BG Innovations, Inc., Duluth
  • Bayview RV Resort, LLC, Tower
  • Camp Cider, LLC d/b/a Wild State Cider, Duluth
  • East, Inc. d/b/a Perkins Restaurant, Duluth
  • Landfall Development Corp d/b/a Perkins Restaurant, Duluth
  • F&G of Cloquet, Inc. d/b/a Perkins Restaurant, Cloquet
  • Meadow Lawn Partners, LLC d/b/a Waxing the City, Duluth
  • Roadside Restaurant, Inc., Aitkin
  • Coach's Deerwood, Inc., Aitkin
  • Larson Saloon, Inc. d/b/a Larson Saloon Grand Rapids, Grand Rapids
  • Larson Saloon 2, Inc. d/b/a Larson Saloon Emily, Grand Rapids
  • Destination Fitness, LLC, Duluth
  • Laurentian Divide Salon & Spa, Inc., Britt
  • TNT Bros, Inc. d/b/a TNT Bar, Biwabik
  • Blissful Body, Inc. d/b/a Blissful Body by Stephanie, Ely
  • Grit Fitness of Duluth, Inc. d/b/a CrossFit Duluth, Hermantown
  • Angela Boese d/b/a Technique Salon, Duluth
  • KCG Liquor, Inc. d/b/a Riverside Pub, Aitkin
  • Castle Danger Brewing Company, LLC, Two Harbors
  • Jim's Sports Club, Inc. d/b/a Jims's Sports Club Bar and Grill, Chisholm
  • Parumar, Inc. d/b/a Valentini's Supper Club, Chisholm
  • 30 West Fitness & Recreation, Chisholm
  • Howard Court Salon, LLP, Hibbing
  • Haralu Corp d/b/a India Palace Duluth, Duluth
  • Nash's Hideaway LLC d/b/a Denucci's Saloon, Nashwauk
  • Heather Duffney d/b/a Lorrie's Hair Studio, Aitkin
  • Range Pizza, Inc. d/b/a Vi's Pizza, Biwabik
  • Stacie Nelson d/b/a Mac's Salon on the Lake, Bovey
  • Schneider's Kitchen, Inc. d/b/a G.B. Schneider & Co., Duluth

2020 First Quarter Loans: $687,500 MN Small Business Emergency Loans (SBEL)

The first 24 loans funded through the State of Minnesota SBEL Program to provide relief for businesses directly impacted by shut-down orders.

  • Evolve U Fitness & Wellness, LLC, International Falls
  • Lumberjack Lounge, LLC, Cloquet
  • AVI LLC d/b/a Boat Club Restaurant, Duluth
  • Twin Ports Kickboxing, LLC, Duluth
  • Duluth Cider, LLC, Duluth
  • Chilly Billy's Duluth, LLC, Duluth
  • Chilly Billy's Miller Mall, Duluth
  • Three Families Brewing, LLC, d/b/a Voyageur Brewing, Grand Marais
  • Maggie's Farm, LLC, d/b/a The Ripple Bar on Lake Superior, Duluth
  • Emily Swentkofske - Hair Designs Unlimited, Grand Rapids
  • Grand Rapids Gymnastics Academy, La Prairie
  • Sweetman Duluth, LLC d/b/a Massage Envy, Duluth
  • Hustle and Heart Salon, LLC, Duluth
  • Dubh Linn Brew Pub, Inc., Duluth
  • Rose Garden Enterprises d/b/a Valentini's Vicino Lago, Duluth
  • The Bohemian Palace, Inc. d/b/a Gamper's Supper Club, Moose Lake
  • Jerry and Tom's, Inc., Chisholm
  • Gunflint Tavern on the Lake, LLC, Grand Marais
  • Sonya Rae Young - Sonya Rae's Massage Therapy, Duluth
  • Danielle Lindberg Esthetics d/b/a Dani Does Brows, Duluth
  • Colour Lounge Salon & Spa, LLC, Duluth
  • Camp Cider, LLC d/b/a Wild State Cider, Duluth
  • Tank's Bar & Restaurant, Inc., Babbitt
  • Wyndtree Family Restaurant, Inc., Moose Lake

2019 Fourth Quarter Loans: $117,000

  • Lake States Evergreen Company, Cohasset
  • Paladin Properties, LLC d/b/a West Theater, Duluth

2019 Third Quarter Loans: $558,985

  • Pure Dance Energy, Cohasset
  • M R Larson, LLC, Ely
  • Lotus Corporation, Eveleth
  • Aftenro Society, Duluth
  • RSF Industries, Inc., Hibbing
  • Hibbing Family Chiropractic, Hibbing
  • Blue Rock Wine and Cafe, Duluth

Loan Stories

Read about some of our loan projects from around the region.

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