Economic Development

Mor-Gran-Sou offers technical assistance for new business enterprises, cooperative development and business retention. Loans are available. Some projects we have assisted with include Frontier Marketing Group, Flasher, ND; Dakota Agri-Board, Hebron, ND; and Dakota Dairy Specialties, Hebron, ND.

Economic development Loans assist members in the expansion or start-up of their small business, which will employ people in the area and help diversify the economy.

A current member may borrow up to $3,000 at 5% interest with a payment period of up to 36 months. Also, a substantial business plan with current numbers must be made available to Mor-Gran-Sou.

Uses: Any legitimate business purpose to enhance the business operation, including equipment and inventory purchases, research and development, and facility remodeling.