Pangea takes loan from Whole Foods

BOULDER – Skin-care product manufacturer Pangea Organics in Boulder and Denver-based White Girl Salsa received low-interest loans from Whole Foods Market Inc. to help grow their companies.

Loan amounts were not disclosed by Austin, Texas-based Whole Foods Market (Nasdaq: WFMI). To date, the local loan producer program has distributed more than $1.1 million to 19 vendors in the seven-state Rocky Mountain region since it debuted in 2007.

Pangea Organics will use the money to build a new line of travel kits with smaller sizes of products and will increase its number of in-store demonstrations.

“The standards that Whole Foods Market have implemented in…