March 15, 2025

becker county

Loans

Detroit Lakes Development Authority business loans to offer market rate interest – Detroit Lakes Tribune

DETROIT LAKES — The Detroit Lakes Development Authority agreed to change the interest rate on business loans they offer from 4% to the market rate of what primary lenders offer. During the Development Authorities’ monthly meeting on Tuesday, May 7, Community Development Development Director Larry Remmen said the current market rate is 6.75%. He explained

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline