DLDA gives pizza company a break
Because of a late start, and impressive numbers, the Detroit Lakes Development Authority agreed to advance Great North Pizza Company $10,000 on its loan.
When the pizza company received a $30,000 loan from the DLDA earlier this year, the three owners were given $10,000 upfront and were then promised $10,000 after $20,000 in sales could be proven and then the final $10,000 of the loan when another $20,000 of revenue was documented.
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