Overview
This license is for business which lends money at interest in exchange for personal property left at business location as security. Hours of operation are limited to 7:00 am to 10:00 pm. If you have questions, contact DSI at 651-266-8989, or email the DSI Message Center.
Code Requirements
See Chapter 344 of the Saint Paul Legislative Code for information about pawnbrokers.
Application Requirements
You must submit the following:
- Class N City License Application
- A $5,000.00 Surety bond
- A site plan
- A lease agreement
- Proof of burglar alarm system and camera surveillance
- Required fee
Inspections
Your application will be administratively reviewed by DSI Licensing, Zoning and Fire Inspection staff. This review may include on site inspections(s) to verify compliance with applicable regulations. You will be informed of any required inspections including the name and telephone number of the inspector after the submission of a completed license application. The location must be in compliance with all applicable regulations and/or license conditions before any license may be issued.
Fees
The annual fee for a Pawnbroker License is $2,911.00 per location.
Expiration/Renewal
A Pawn Shop License will expire one year from date of issuance and may be renewed annually.