The City of North Saint Paul is offering a simple, and easy way to upgrade business storefronts in the Downtown B2 Zoning District. This ongoing program will help you attract customers, and enhance the aesthetic appeal of the downtown commercial district.
Loan Amount: $1,000 - $15,000
Forgivable Loan/Grant: 20% is forgivable
Owner Equity: 20% of project amount
Loan Term: Up to 5 years
Eligible Uses: Front/rear building facade, windows/doors, signage, awnings, landscaping, lighting, restoration (paint, cleaning, siding), etc.
Business owners must submit the following business and project information:
Business Tax Returns for previous two years
Credit Score of 680 or greater
Real Estate taxes have been paid
No outstanding collections or judgments
Business is current on rent/payroll/sales tax Loan Documents: