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Bank investments to help small businesses

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ST. PAUL -- Minnesota officials hope a $100 million investment they are making in banks will end up in the hands of small business owners.

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That could result in more jobs across the state.

Gov. Mark Dayton announced the plan Wednesday, saying that he has heard "over and over" that small businesses, even ones on good financial footing, have trouble getting expansion loans.

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Don Davis
Don Davis has been the Forum Communications Minnesota Capitol Bureau chief since 2001, covering state government and politics for two dozen newspapers in the state. Don also blogs at Capital Chatter on Areavoices.
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