USDA Rural Development Loan Guarantee Improves Access to Local Foods in St. Peter, Minn.
The St. Peter Food Co-op has been a valuable asset to the south central region of Minnesota for over 31 years. I realized just how valuable as I sat down to eat lunch at the co-op recently.
General manager Margo O’Brien had just given us a tour and hosted an event to publicly recognize the USDA’s role in financing the new facility. After signing the closing documents on a loan guarantee through nearby Wells Federal Bank and Rural Development’s Business & Industry loan guarantee program, it was time for lunch. Read more »