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Committed to business growth!

If your small business or start-up is in need of a loan, Owatonna Area Business Development Center can help.

Explore the links below
or call Bill at 507-451-0517.

Loans

EDA Forgivable Loan

For more information on the Owatonna EDA's Tier I and Tier II loans or to fill out and submit an application.

Tier I Up to $5,000

The City of Owatonna, through the Economic Development Authority, has a number of EDA loans available.

Contact Bill at 507-451-0517 to learn more.

Tier II Up to $20,000

Southern Minnesota Initiative Foundation has loan opportunities.

The Small Business Administration has many different loan programs.

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