City of Blaine to offer RED loan program again

The city of Blaine has reintroduced a loan program to assist local businesses amid the economic impacts of Covid-19. 

The city will begin accepting applications for low interest $5,000 to $10,000 loans starting Thursday, January 28, as part of the Rural Economic Development (RED) Revolving Loan Fund. The application period will close Thursday, February 18.

Any business that pays electric bills to the city or is located in Blaine may apply.

The RED board will review applications, and decide which businesses will receive loans shortly after the February deadline.  

The RED program was first introduced in May. For questions or to get an application, contact economic development and tourism coordinator, Alex Wenger atawenger@cityofblaine.com.