The Northland Foundation is a business loan from Northland Foundation. The ongoing APR is Set by the Foundation; may not exceed WSJ prime plus 4%. Typical credit limit: $10,000 to $300,000+; micro-enterprises up to $50,000 with no match. Offered in partnership with the Minnesota Department of Employment and Economic Development (DEED), some of the goals of Emerging Entrepreneur Loans are to promote business growth in low-income and more rural parts of the region and those owned by minorities,