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Minnesota Reservist and Veteran Business Loan Program
Business loans for Minnesota veterans and companies affected by employee active duty service.
About this program
The Reservist and Veteran Business Loan Program helps eligible Minnesota veteran-owned businesses and businesses affected when essential employees are called to active duty by providing loan capital for business needs.
Eligibility
Eligible Minnesota veteran-owned businesses, returning veterans starting or expanding businesses, and businesses affected by reservist active duty service.
Requirements
- Apply through DEED or designated lender process
- Provide veteran or reservist documentation, business information, financials, and use-of-funds details
- Complete underwriting and comply with loan terms