2 N.D. Businesses Get Economic Development Loans

Two area businesses get a big boost from the The North Dakota Development Fund.
 
Fargo-based Epic Welding and Manufacturing Inc. was awarded a $310,000 finance package with Bank Forward in Fargo to buy a commercial building and equipment.
Jamestown-based Premier Refinery LLC is getting $250,000 to help fund equipment and working capital.

The Development Fund is a loan program within the state Commerce Department. It was created in 1991 as an economic development tool for new or expanding primary sector businesses in North Dakota.