Prairieland Economic Development Corp

Prairieland Economic Development Corp

  • 1 Prairie Dr
  • Slayton, Minnesota
  • 56172
  • Phone: (507) 836-6656
  • Fax: (507) 836-6309
  • Website

Description

It's not the development company. It's the people behind the development company. The Prairieland EDC staff is dedicated to serving our clients and communities. We guide you through the loan process with the goal of reducing your burden and stress, and we continue to provide personal service after your loan has been awarded.

Prairieland EDC is a private, non-profit corporation founded in 1983 as a Certified Development Company. We provide loans to small businesses in the entire state of Minnesota, the Iowa counties of Dickinson, Lyon, and Osceola, and the South Dakota counties of Brookings, Deuel, Grant, Lincoln, Minnehaha and Moody.

No. Prairieland EDC is a private not-for-profit company that is authorized by the SBA to deliver and administer the 504 program for projects in the state of Minnesota and parts of South Dakota and Iowa. Prairieland EDC was established in 1983 and is one of approximately 250 companies around the U.S. known as a Certified Development Company, or CDC.

Midwest Fire Equipment & Repair Company was founded in 1987 to design and manufacture high-quality fire apparatus vehicles, such as tanker trucks used by municipal and volunteer firefighting departments all over the United States, Canada and various countries worldwide. “The company has wonderful hard-working employees who design and build great products that save property and lives”, said Sarah Atchison.

Prairieland EDC has worked with many banks throughout Minnesota, Iowa and South Dakota. The borrower can choose any bank or non-bank that is regulated by a state or federal regulatory body (such as a credit union or production credit association) to work in conjunction with Prairieland EDC to finance a 504 loan.

Fact sheet

Company founded
1983

Products & services

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