Small business expansion program now available

The City of St. Louis Park has launched the Advance program, a small business assistance program to help with the establishment or expansion of small businesses in St. Louis Park. Qualified small businesses (with between 1 to 20 employees and under $1 million dollars in annual revenue) can receive forgivable loans up to $10,000. Loan funds can be used for interior and exterior commercial building improvements, equipment, repairs or first-time commercial property acquisitions. Loan funds require a minimum of one-to-one match of applicantincurred eligible expenses.

Visit www.stlouisparkmn.gov/business-financing for more information, or contact Greg Hunt at ghunt@stlouisparkmn.gov or 952.924.2197 or Julie Grove at jgrove@stlouisparkmn.gov or 952.924.2523.