County approves three Revolving Loan Fund requests
The county board approved three requests that had been approved by the Revolving Loan Fund Committee on April 15. The first was a loan of $48,000 to Randy Sjogren for improvements to the mini-golf course in Grand Marais, which he has purchased.
The name of the business will be Putt ‘n Pets, and it will include domestic animals such as goats, chickens, and pheasants for viewing. Improvements include seating areas, more food offerings, improved landscape, and lighted balls, holes, and clubs for evening use.
The second loan was for $16,000 to David Rak and Don Bertolini to supplement a Minnesota Department of Employment and Economic Development grant of $38,500 for the Mangy Moose Motel. The $56,000 project will include new windows, sidewalks, railings, lighting, interior insulation, energy efficient heat pumps and water heater, and handicap accessible bathrooms. The beauty salon building will be upgraded as well.
The third loan was for $17,000 to Bruce Block for a $51,000 addition to Sydney’s Frozen Custard & Pizzeria. The extra space will include an interior seating area and additional deck space. The interior seating will allow the business to sell beer and wine.
After these loans, the Revolving Loan Fund balance will be $99,869.