A statewide loan fund that provides growth capital to rapidly growing businesses expects to start doing deals soon after agreements with its initial investors have been finalized. A statewide loan fund that provides growth capital to rapidly growing businesses expects to start doing deals soon after agreements with its initial investors have been finalized. Seven banks across the state committed a combined $28 million to Grow Michigan LLC’s second mezzanine fund. Grow Michigan has another $13 million to $14 million that it’s discussing with potential investors, including other banks, said Grow Michigan CEO Patrick O’Keefe.