Growth Initiative Fund (GIF) approved five loans 4th Quarter, $19 million in capital investment

The GFMEDC-administered Growth Initiative Fund (GIF) approved five loans during the fourth quarter of 2021. All of the loans were in conjunction with Bank of North Dakota’s PACE/Flex PACE program, which provides lowered interest rates to assist expanding companies. The GIF loan approvals totaled $613,000 and provide the opportunity for these primary-sector companies to access […]