$3.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Low-interest loans for South Dakota businesses creating or retaining primary jobs, with participation loans alongside local lenders for manufacturing, processing, and technology projects.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Must create or retain primary jobs (jobs that bring new dollars into local economy)
2.Business must be located or willing to locate in South Dakota
3.Loans: up to $3M at below-market rates; 10-year maximum term
4.Eligible: manufacturing, processing, distribution, technology, tourism infrastructure
5.Must have firm commitment from local lender for majority of project financing
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