Customer Stories

The Impact

  • 30 new jobs
  • Woman-owned business
  • Minority-owned business

The Buttered Tin – Lowertown, St Paul

Two passionate young women entrepreneurs, Alicia Hinze and Jennifer Lueck, shared a love of the restaurant business: one with operational experience had opened twelve local restaurants; the other a creative and talented pastry chef who had even participated on the show Cupcake Wars. They dreamed of opening a restaurant/bakery - the Buttered Tin - in St. Paul’s Lowertown neighborhood.

Because they were a startup, they were turned down by a number of banks who said they don’t finance “mom and pop startup restaurants.”

Recognizing their experience and strong business plan, we were able to provide a $200,000 loan, which allowed them to purchase equipment, make leasehold improvements and open The Buttered Tin.