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Owatonna Area Chamber Of Commerce & TourismOwatonna Area Chamber Of Commerce & TourismOwatonna Area Chamber Of Commerce & TourismOwatonna Area Chamber Of Commerce & Tourism
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Economic Development Authority (EDA) Forgivable Loan Program

    Home Economic Development Authority (EDA) Forgivable Loan Program

    Historic preservation

    MainStreet works with the EDA (Economic Development Authority) and the OABDC (Owatonna Area Business Development Center) to assist entrepreneurs with loan programs, business plan development, and much more. Since 2019, the EDA has offered forgivable loans up to $10,000 to facilitate the renovation and improvement of commercial buildings within a specified area of downtown Owatonna.

    In addition to the financial aspects of this proposed loan, the application is reviewed to make sure the proposed renovation / remodeling plans are in keeping with the original architectural lines/styles of the building – which is the ultimate goal of the MainStreet Program as we work to preserve our communities. This loan is available until the funds are depleted or is renewed by the EDA.

    Application for forgivable loan:  Owatonna Economic Development Authority (EDA)

    ABOUT

    Our Chamber has approximately 530 members that invest their resources, employee volunteerism and confidence in the Owatonna Area Chamber of Commerce & Tourism and the business community.

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    • Owatonna Development
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    https://www.uschamber.com/chamber-accreditation-program

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    CONTACT US

    Address
    Owatonna Area Chamber of Commerce & Tourism

    320 Hoffman Dr.
    Owatonna, MN 55060

    Email
    oacct@owatonna.org

    Phone
    507-451-7970

    Owatonna Area Chamber of Commerce & Tourism | All Rights Reserved © 2019 | Log In
    • ABOUT
      • Mission
      • Chamber Team
      • Board of Directors
      • About Owatonna
      • MainStreet
      • Contact Us
    • MEMBERS
      • Join Now
      • Benefits
      • Market Your Business
      • Member Login
      • Chamber Gift Certificates
      • FAQs
      • Business Directory
      • Business Resources
      • Chamber Events
      • Committees/Volunteer Opportunities
    • ADVOCACY
      • Legislative Agenda
      • Government Officials
    • EVENTS & PROGRAMS
      • Chamber Events
      • Business After Hours
      • Business Boot Camp
      • Annual Dinner
      • Golf
      • Young Professionals
      • Grow Minnesota!
      • Owatonna Community Leadership Academy
    • LIVING HERE
      • Area Churches
      • Chamber Gift Certificates
      • Community Calendar
      • Downtown Parking Restrictions
      • Landlord & Tenants Handbook
      • New Resident information
      • Owatonna Chamber Foundation
      • Request a Visitor’s Guide
      • Rental Information
      • Visit Owatonna
    • NEWS
      • In the News
      • Business Brief
      • Chamber Blog
    • MEMBER LOGIN
    Owatonna Area Chamber Of Commerce & Tourism