GROW SD celebrates anniversary with business loan special

Wednesday, August 08, 2018

In 1978, GROW South Dakota made its first business loans. 

In the 40 years since then, the agency has had significant impact on businesses and communities throughout northeastern South Dakota and beyond. To celebrate this milestone, GROW SD is offering a business loan special.

GROW SD’s revolving loan fund was established in 1978 with the purpose of supporting economic development in 22 northeastern South Dakota counties through small business loans and job creation. Since that time, the agency has made 2,009 loans for a total of more than $69.7 million to 1,214 area businesses (as of 3/31/18).

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