ED  Prairieland Economic Development Corporation

http://www.prairielandedc.com





     Office Locations:

1 Prairie Drive
Slayton, MN 56172
Phone: 507-836-6656
Fax: 507-836-6309

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Stages:

  • Early
  • Seed


 

Industries:

  • Business Services
  • Information Technology

  •  

    Description:

    Prairieland EDC is a private, non-profit corporation organized in 1983 to deliver the U.S. SBA 504 program. Today, Prairieland EDC is a SBA 504 Premier Certified Lender. As a non-traditional lender for over twenty years in the region, Prairieland EDC has created a diverse portfolio of more than 350 loans for about $99 million. Prairieland provides loans to small businesses in the entire State of Minnesota, the Iowa counties of Dickinson, Lyon, and Osceola, and the South Dakota counties of Brookings, Lincoln, Minnehaha, Grant, Moody, and Deuel. The firm makes loans to assist business with stimulated growth, improving community services, expanding ownership opportunities, increasing employment opportunities, promoting the community welfare, and increasing the local tax base.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Amy Hoffmann Loan Assistant
    Ann Peterson President/CEO
    Jason Gerdes Loan Officer
    Julie Dahlhoff Credit Analyst
    Lisa Onken Loan Servicing Officer

     

    Portfolio companies include:


      Broadway Chiropractic
        web link


      Henle Printing Company
        web link


      LaCanne Family Funeral Service
        web link


      Rausch Brothers Monument
        web link


      Straight River Cable
        web link


     

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