Park Financial Group sets up emergency loan fund for businesses

20 Mar 2020

Park Financial Group, Inc., the holding company of three Minnesota-based community banks, has created an emergency loan fund of approximately $30 million to help local businesses impacted by the new coronavirus.

The loans would be generated by Park State Bank to help businesses weather the economic impacts of COVID-19. Park Financial Group is raising additional capital specifically to assist with this local business endeavor.

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