The 504 Corporation Board is an integral piece of the company. The board consists of leaders from the area representing lending institutions, government, businesses and economic development. The 504 Corporation staff presents a loan to the board with the Board making the decision to submit the formal 504 application to SBA for final approval.

Peoples State Bank, Plainview

Merchants Bank, Lakeville

Region Nine Development Commission (Retired), Mankato

Retired Commercial Loan Officer, Kasson

Economic Development Independent Contractor

City of Cannon Falls (Retired)

WNB Financial, Winona

Southern Minnesota Initiative Foundation, Owatonna

South Central Service Cooperative, North Mankato

Home Federal Savings Bank, Rochester

Minnstar Bank, Mankato

Keen Bank, Waseca

IBM, Rochester

Community & Economic Development Associates (CEDA), Chatfield