Waseca Morgan’s Meat Market received a Business Loan from Southern Minnesota Initiative Foundation in 2024. They were able to expand their building with these funds, allowing them to offer more specialized services for customers.
The Lux MedSpa is an aesthetics practice that started out as a mobile operation, then moved to a brick and mortar in Dundas, and has now grown to a location in Northfield. SMIF provided a Business Loan in 2021 to aid in their growth.
When the owners of Twisted Chicken wanted to grow their business from a food truck into a brick-and-mortar location, SMIF was there to help with financing.
In 2022, Sidney and Mitch Elofson started their dream business. They opened up an indoor pickleball facility in Mankato with the help of a Business Loan from SMIF.
When Nate and Jace started dreaming about opening a distillery to make premium bourbon, rye and single-malt whiskeys in New Ulm, they could never have imagined how long the journey would be. In the summer of 2022 they were able to officially turn their dream into reality with the help of a Business Loan from SMIF.
Contact:
525 Florence Ave
PO Box 695
Owatonna, MN 55060
Phone (507) 455-3215
inquiry@smifoundation.org
Southern Minnesota Initiative Foundation is a 501(c)(3) and all donations are tax deductible 36-3454285.
© 2005 – 2025, Southern Minnesota Initiative Foundation
