Quarry Rock, LLC

MISSION STATEMENT

The mission of Quarry Rock, LLC is to conduct development activities by providing capital and expertise to businesses that generate positive results.

ORGANIZATION

Quarry Rock, LLC is a Minnesota Limited Liability Company registered with the State of Minnesota on March 14, 2003.

Quarry Rock, LLC is a wholly-owned subsidiary of Prairieland EDC and was created to develop and provide capital as well as business consulting services to small businesses.

Quarry Rock, LLC is a private for-profit company.

• For profit LLC owned 100% by Prairieland
• No geographic boundaries
• Minimum of $55,000 / Maximum of $75,000
• Investments will be higher risk
• Term generally shorter term – not to exceed 5 years
• Loan or equity amounts undetermined – limited by the capital in the company
• Rate of Return will vary
• Subordinate or equity positions
• May utilize New Markets Tax Credits

 


Prairieland Economic Development Corporation
1 Prairie Drive, Slayton, MN 56172
Phone: (507) 836-6656
4120 S. Minnesota Ave., Suite 3, Sioux Falls, SD 57105
Phone: (605) 335-7332
Toll Free: (800) 507-9003, Fax: (507) 836-6309
info@prairielandedc.com
© 2008 Prairieland EDC