Article: Dynamic Homes awarded economic development loan.

DYNAMIC HOMES AWARDED ECONOMIC DEVELOPMENT LOAN

DETROIT LAKES, Minn., Oct. 11 /PRNewswire/ -- Dynamic Homes, Inc. today announced that it received approval for a $400,000 economic development funding package from state and regional agencies, the city of Detroit Lakes, and its board of directors. The company said it expects to receive the funds before Dec. 31, 1990.

The company will use approximately $120,000 of these funds for upgrading transportation equipment, while the remaining $280,000 will be used to finance growth.

The $400,000 package consists of loans from the Minnesota Department of Trade and Economic Development, the West Central ...

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