- Associated Press - Wednesday, April 27, 2016

BISMARCK, N.D. (AP) - The North Dakota Development Fund board this month awarded a total of $1.5 million in financial aid to four projects.

The loan program within the state Commerce Department was created in 1991 to help new or expanding primary sector businesses - those such as manufacturers and food processors that create new wealth.

This month, Gates Manufacturing of Lansford received a renewal of its $500,000 line of credit, Buzz360 of Fargo was awarded a $160,000 loan, Earth-Kind of Bismarck received a renewal of its $600,000 line of credit and Buffalo City Wood Products of Jamestown was given a renewal of its $250,000 line of credit.

All of the aid is for working capital.


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