Air Seeder Parts LLC has been given an $89,000 loan from Grand Forks’ Jobs Development Authority.

The loan, given at the JDA’s Sept. 7 meeting, will be used in conjunction with more than $165,000 kicked in by the Bank of North Dakota, to buy down interest on an $800,000 commercial loan the company took out to purchase and renovate a new location at 2949 27th Ave. N.

According to a city staff document, Air Seeder Parts has reached an agreement with an out-of-state wholesaler to expand its dealership network. The deal is expected to grow sales to the point where the company will exceed capacity at its current Gateway Drive location.

As a result of the expansion, the company is expected to add four full-time jobs. Air Seeder Parts manufacturers agricultural after-market parts, with a focus on Air Seeders.

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