In this episode of Talking Business, Shelly Peterson - Founder and CEO of Promoting Me, LLC. and Holly Hansen - Community Development Director for the City of Cloquet.  Today's Hidden Gem is TJ's Gun and Pawn.  TJ's Gun and Pawn, owned by Tom Anderson and managed by Galen, is located at 1007 Cloquet Avenue. This local pawn shop has a continually changing inventory of firearms, ammunition, jewelry, tools, videos, electronics, tools, and games.  If you are unfamiliar with a pawn shop, a pawn shop is a business that loans money to people who bring valuable items which they leave with the pawnbroker. The valuables that people leave are called the "collateral." The person can get their valuable item back from the pawnbroker if they pay back the money they were loaned and pay interest on the loan. Interest is like a fee for getting to use someone else's money for a set time period. For example, suppose the person who has borrowed money from the pawnbroker does not repay the loan and interest within an agreed-upon time limit. In that case, the pawnbroker can sell the valuable item to another customer to get back the money they loaned. This is also referred to as the lowest level of banking.