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EDA Packet 06.21.22
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EDA Packet 06.21.22
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3/26/2024 2:11:06 PM
Creation date
3/26/2024 2:05:34 PM
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Commissions
Meeting Date
6/21/2022
Document Type
Agenda/Packets
Commission Name
EDA
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<br />WASHINGTON COUNTY <br />Open to Business Updates <br />Tyler Hilsabeck – Business Advisor <br />1/1/2022– 3/31/2022 <br /> <br />Clients Served – 40 <br /> <br />Business Stage: <br />Existing Business: 16 <br />Pre- Start Planning: 17 <br />Start-Up: 6 <br />Client Inquiry: 1* <br />*Many Client Inquiries turn into meetings later. <br /> <br />Program Hours: <br />(Includes Direct Client Hours, Program Outreach <br />& Marketing, Public Events/City Meetings, Data <br />Collection and Administration) <br /> <br />Total Contract <br />1st QTR: 505.0 <br /> <br /> <br /> <br />Direct Financing YTD (business or resident) <br />Number of Loans Approved: 3 <br />MCCD Amount: $325,000 <br />Leveraged: $180,000 <br />Total Investment: $505,000 <br />(Leveraged Amount includes Bank/Owner <br />Equity/Other Outside Financing) <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Referral Source <br />Bank Referral: 10 <br />Friends/Family: 5 <br />Municipality: 22 <br />Website: 2 <br />Other: 1 <br /> <br />Industry Segment <br />Construction/Real Estate: 2 <br />Food: 11 <br />Health/Fitness: 7 <br />Professional/Consulting: 1 <br />Retail: 5 <br />Service: 13 <br />Technology: 1 <br /> <br />Client City (Residence/Business) <br />Bayport: (1/0) <br />Cottage Grove (3/4) <br />Forest Lake (3/1) <br />Hastings (1/1) <br />Hugo (4/2) <br />Lake Elmo (2/3) <br />Other (4/5) <br />Oakdale (2/3) <br />Scandia (1/1) <br />St. Paul Park: (2/1) <br />Stillwater (3/7) <br />Willernie (1/1) <br />Woodbury (13/10)
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