Business Loan Program
Funding Amount
$500 - $400,000
Deadline
Rolling / Open
Grant Type
foundation
Overview
Business Loan Program
Overview: GROW South Dakota provides financing for both new and existing businesses across South Dakota.
- Geographic Scope: South Dakota
- Eligible Businesses: New and existing businesses
- Loan Amount Range: $500 to $400,000 (typical range)
- Loan Uses: - Purchase inventory - Acquire equipment - Purchase real estate - Boost working capital
- Partnership Option: GROW South Dakota will partner with area banks to finance business projects
- Lender Network: Over 90 area banks partner with GROW South Dakota in lending to small business owners
Program Details
- New businesses
- Existing businesses
- Small business owners
Eligibility
- Address: 104 Ash Street East, Sisseton, SD 57262
- Phone: (605) 698-7654
- Fax: (605) 698-3038
- Email: info@growsd.org
Contact Information
GROW South DakotaHow to Apply
How to Apply
1. Start the application process with the online application tool 2. Watch the "How to Video" for creating your online account 3. Complete the Business Loan Application form 4. Submit through the online portal- Small Business Development Center (SBDC) offers no-cost, confidential business management consulting services
- Assistance with developing business plans
- Help with preparing financial projections
- Support addressing other business challenges
Support Available
Focus Areas & Funding Uses
Fields of Work
small-businessesstartups
Categories
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