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South Dakota MicroLOAN
The South Dakota MicroLOAN program provides smaller loans for businesses needing gap financing or startup capital.
About this program
The South Dakota MicroLOAN program provides smaller-scale financing to businesses and entrepreneurs that need capital for startup, expansion, working capital, inventory, equipment, or other eligible business uses. The program is administered by the Governor's Office of Economic Development and is designed to complement private lending while supporting smaller businesses across the state.
Eligibility
South Dakota small businesses and entrepreneurs seeking smaller loans for eligible business purposes.
Requirements
- Business must be located in South Dakota.
- Funds must be used for eligible business purposes.
- Applicant must provide required business, financial, and project documentation.