Over $1.7 million in financing approved to eleven businesses

The Northland Foundation Board of Trustees has approved financing totaling $1,768,000 to the following 11 organizations.

• North Shore Manufacturing, Inc., Two Harbors

• Twin Ports Testing, Inc., Superior, WI

• WR Whiteside Equipment, Inc., Hibbing

• Points North Consulting, Inc., Duluth

• Sure-Fab, LLC, Two Harbors

• Arrowhead Healthcare Supply, Inc., Duluth

• Gobel Aggregate, Inc., Hermantown

• A.G. Thompson House, Duluth

• Superior Trading Properties, LLC, Duluth

• Hovland, Inc., Hermantown

• Shel/Don Group, Inc., Duluth

Through its Business Finance Program, the Northland Foundation offers flexible financing to new or existing businesses and nonprofit organizations in the seven-county Arrowhead Region as well as Superior/Douglas County, Wisconsin to help create and retain high-quality jobs and sustain economic vitality.

Over the past 23 years, this program has evolved into one of the largest regionally-based development finance programs in Minnesota. Since 1988, $43 million has been invested in nearly 450 businesses, which has helped leverage more than $256 million in other, mostly private investments and assisted in the creation and retention of 6,500 jobs.