Northspan to Help Administer Northland Foundation Loans

Since Northspan started in the 1980s, we have worked in regional economic development with the Northland Foundation, a publicly supported foundation serving the Arrowhead region of northeast Minnesota. Through a recent contract agreement, Northspan’s Bob Palmquist and Amanda Vuicich will now provide added underwriting capacity to the Northland Foundation’s lending program. 

Northland Foundation Business Services Director Michael Colclough continues to lead marketing and outreach, connecting with potential borrowers and financing partners and developing loan deals: “We’re very excited to work even more closely with Northspan,” said Colclough. “Our organizations have mutually benefited from working with each other in the past and it’s great to be able to expand our collaboration now with the loan administration piece.”

The Northland Foundation’s business services program offers flexible financing to help entrepreneurs in northeast Minnesota establish new businesses and help existing businesses grow with: 

  • SBA Loans
  • Business Loans
  • Emerging Entrepreneur Loans
  • Quick Turn Loans

For more information, visit or contact Michael Colclough by email at or by phone at (218) 723-4040 or 1-800-433-4045.

To learn more about Northspan’s underwriting, fund management, and SBA-related services, reach out to Northspan’s Bob Palmquist at