LCD GROUP NEWS
News, Upcoming Events, and AnnouncementsNorth Dakota Opportunity Fund approves loan to expand plumbing and heating business
The North Dakota Opportunity Fund recently approved a portion of the funding for Haro Property Management, LLP to help fund the purchase of its new headquarters, which will be located at 2716 34th Street NW in Mandan. Starion Bank of Mandan is the lead bank on this...
read moreLewis & Clark RDC releases Comprehensive Economic Development Strategy for 2019-2023
Lewis & Clark Regional Development Council has released its 2019-2023 Comprehensive Economic Development Strategy (CEDS). The document will be used by Lewis & Clark RDC over the next three years to guide its work in increasing jobs, expanding the tax base,...
read moreLCD Group slated to receive $300,000 in Community Development Block Grant funding this year; pre-applications due May 17
Lewis & Clark Regional Development Council (RDC) is now accepting pre-applications for Community Development Block Grant (CDBG) funding for 2019. All pre-applications are due by Friday, May 17. The CDBG Program provides annual federal grants on a formula basis to...
read moreMandan’s first hybrid coffee shop set for June opening thanks to special regional loan program
Lewis & Clark Regional Development Council has approved a loan through its IRP Mandan II fund for a portion of funding the new Balancing Goat Coffee Company, which will be be located at 2705 Sunset Drive in Mandan. The Lead Bank in the project is BNC National Bank...
read more“A sharp eye for a good investment”
Lewis & Clark Development Group has been awarded a $310,000 grant from NeighborWorks America. The award is part of $70 million in grants awarded to 242 nonprofits within the NeighborWorks America network. The $70 million funding came out of Congress' approval of...
read moreN.D. Opportunity Fund provides financing for new veterinary clinic in Turtle Lake
Lewis and Clark Regional Development Council (RDC) has approved a loan through the North Dakota Opportunity Fund for interim financing to purchase and upgrade a property in Turtle Lake for a new business, North Country Veterinary Clinic. A portion of the long-term...
read moreA big boost to small businesses: SBA 504 Loan appraisal threshold is raised
On December 21, the U.S. Senate passed the Small Business ACE Act (H.R. 6348). This new law means that the existing statutory appraisal threshold for 504 loans secured by commercial real estate has been raised from $250,000 to $500,000 to match the federal...
read moreLCD Group secures loan through N.D. Opportunity Fund for Watford City businesses
Lewis & Clark Development Group has approved a loan through the North Dakota Opportunity Fund for a portion of the funding to purchase and renovate a building on Watford City's Main Street that will be the new location for a dentist's office and architectural...
read moreNorth Dakota Opportunity Fund helps ensure Snap-on Tools franchise route continues for Dickinson
Lewis & Clark RDC, through the North Dakota Opportunity Fund, recently approved and closed a loan for the portion of the funding to secure the franchise. Dakota Western Bank of Scranton is the lead bank on the project. Thanks to the Lewis & Clark Regional...
read moreRegional Council approves loan for new Mandan restaurant
Residents and visitors to Mandan will soon have another dining option and 40 new full- and part-time jobs will be created thanks, in part, to the Lewis & Clark Regional Development Council. The Council recently approved a loan through its Intermediary Relending...
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