Deuel County Revolving Loan Fund « Back to Search Results
Deuel County Revolving Loan Fund

Category: Local Incentives, Grants & Loans


Deuel, Hamlin, and Kingsbury Revolving Loan Funds
These revolving loan funds were established in the mid 1990's by Community Development Block Grants, which were loaned to a business in each of the respective counties. As these loans were paid back, each county established a revolving loan fund, which the FDDC now manages. The original loan amounts were $60,000 in Deuel County, $250,000 in Hamlin County, and $100,000 in Kingsbury County. The criteria and terms for these loan funds are very similar to those of the First District's RLF.


Contacts

First District Association of Local Governments
PO Box 1207 / 124 1st Avenue NW
Watertown, SD 57201
Phone: 605-882-5115   Fax: 605-882-5049
http://www.1stdistrict.org/business.html

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