Needleworks Sewing Center has found a new home at 216 East Kemp in Watertown, South Dakota, with the assistance of First District’s Intermediary Relending Program Loan Funds (IRP) and financing provided by First Premier Bank in Watertown. The loan funds were used to purchase and renovate the building to house Needleworks Sewing Center.
Mark and Patti Buller have owned and operated Needleworks since 2003. Needleworks Sewing Center sells sewing machines and offers sewing machine repair, in addition to selling sewing related accessories. They also offer basic and advanced sewing classes.
FDDC’s IRP loan program, in addition to a number of other in-house revolving loan funds FDDC has available to lend, offers small business owners looking to expand or start new a low, long-term fixed interest rate financing option. Another perk to FDDC’s small business client is they can get into their project with minimal borrower injection.
First District wishes the Bullers continued success!