Agribusiness AHTC AHTC Loans BFB CROP FARM HILP HOME LiDL MF Bond Finance Preservation Small Bus. The loan will help create six new positions and retain four positions at the business. Providing affordable financing to small businesses like Magic Scissors helps them to remain competitive and strengthens the state s economy. Magic Scissors is a hair salon located at 2815 Main Street in Reedsburg. The Linked Deposit Loan Program assists small businesses that are more than 50 percent owned and controlled by women or members of a minority group.
Borrowers can use the loan to purchase or rehabilitate land, buildings, and equipment.
The project must also create jobs. The local lender assisting Magic Scissors is Diane Mears of The Reedsburg Bank.