© 2009 State Bank of New Prague. All Rights Reserved.
- Real Estate Lending
- Residential
- Commercial
- Business Owners
- Commercial Developers
- Residential Builders
- Community Development
Community Development
The State Bank of New Prague assists:
- Non-profit and for-profit developers targeting construction and rehabilitation of affordable housing and commercial development
- Governmental agencies active in affordable housing and community development
- Faith-based community development initiatives
Among the property types financed:
- Affordable single and multi-family housing
- Historic preservation rehabilitations
- Special use housing
- Commercial offices and retail space
- Commercial property that houses community services (daycare centers, charter schools, etc.)
- Secured Lines of Credit
Among the property types financed:
- Acquisition, development, and construction lines of credit
- Construction loans
- Equity bridge loans
- Letters of credit for development and short-term bond enhancement
Contact the State Bank of New Prague to learn more information about our commercial real estate lending services.
The State Bank of New Prague is a full-service community bank helping the
people and businesses of New Prague, Minnesota achieve financial success for over 125 years.
people and businesses of New Prague, Minnesota achieve financial success for over 125 years.
Member FDIC | Equal Housing Lender | © 2009 State Bank of New Prague. All Rights Reserved.
To help the government fight the funding of terrorism and money-laundering activities, Federal law requires all financial institutions to obtain, verify,
and record information that identifies each person who opens an account. What this means to you: when you open an account, we will ask for your name,
address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
and record information that identifies each person who opens an account. What this means to you: when you open an account, we will ask for your name,
address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.