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South Dakota REDI Fund Loans

South Dakota Governor's Office of Economic Development (GOED)SD-REDI
Max per Applicant

$1.0M

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

South Dakota

About This Program

Below-market interest rate loans for economic development projects in South Dakota, particularly in rural communities. The REDI Fund provides loans of $20,000–$1 million at 3% interest for up to 20 years, financing buildings, land, and equipment for businesses creating jobs.

Key Requirements & Eligibility

  • 1Business located in South Dakota
  • 2Loan: $20,000–$1 million at 3% interest (up to 20 years)
  • 3Eligible uses: land, buildings, equipment, infrastructure
  • 4Must create or retain jobs
  • 5Priority for businesses in rural SD communities

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

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Applicable Industries

ManufacturingAgricultureSmall BusinessTourism
Official Source