Services: Incentive and Financial Resource Programs

Contact: Steve Wattnem, General Manager

Address: 1554 Hwy 2 PO Box 69, Two Harbors, MN 55616

Phone: 218.834.2226



The Cooperative Light and Power Revolving Loan Fund is available to business in the CLP service area, which includes Lake County and part of St. Louis County.

Eligible applicants: Non-profits entities, public bodies, and all business types excluding conventional agriculture.

Eligible use of proceeds:

  • Land and building acquisition
  • Land improvements
  • New building construction
  • Building renovation
  • Machinery and equipment
  • Working capital
  • Inventory purchase
  • Sewer and water improvements


$1,000 – $200,000
0.5% below prime
Max. 10 year term
Max. 50% project cost