South Dakota businesses with REDI loans might get some COVID-19 relief

Wednesday, March 25, 2020

PIERRE, S.D. (KELO) — South Dakota employers that created jobs through loans from a specific state government program could be getting some temporary debt relief because of COVID-19.

The state Board of Economic Development will decide in a teleconference. 

Steve Westra, the governor’s commissioner of economic development, is proposing the policy for businesses that took loans from the state Revolving Economic Development Initiative fund.

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