COVID-19: The Governor's Office of Economic Development is here to support you during these challenging and uncertain times. Learn More
The purpose of the Value Added Agribusiness Relending Program is to assist in community development projects, the establishment of new businesses, expansion of existing businesses, creation of employment opportunities or saving existing jobs, and adding value to South Dakota agricultural commodities through further processing or marketing.
The Value Added Agribusiness Relending Program is a direct loan and can lend up to 75% of a total project cost up to a maximum of $250,000.
Fixed assets, start-up, inventory, equipment, etc.
3% fixed; up to 10-year term; amortization depending on collateral
Sign up for our newsletter and stay up-to-date on the latest news, rankings, and information on economic development in South Dakota.