Business Finance Program invests $1,066,000 in eight businesses throughout the region

The Northland Foundation recently approved eight loans totaling more than $1 million to support economic growth and help businesses to create or save quality jobs in the region. Financing recipients are:

• Sundell Eye Properties, LLC,  Virginia

• North Surgery Center, LLC,  Virginia

• ALTA Land Survey Company, PPC,  Duluth

The below-listed businesses received Quick Turn Loans made in partnership with the borrower's bank.

• Archer Properties, LLC,  Two Harbors

• Scott C. Properties, LLC,  Duluth

• Randall’s Heating and Cooling, Inc., Duluth

• A.G. O’Brien Plumbing & Heating Company,  Duluth

• Three Families Brewing, LLC,  Two Harbors

Through the Business Finance Program, the Northland Foundation offers flexible financing options for new or existing businesses and nonprofit organizations in northeastern Minnesota as well as Superior/Douglas County, Wisconsin. Many financing projects include partnering with a bank or other financial institution to provide the total level of financing a client needs.