Areas Served: Beadle, Brown, Campbell, Day, Edmunds, Faulk, Hand, Marshall, McPherson, Potter, Spink, and Walworth Counties.
NECOG-DC’s RLF program has been capitalized by a number of sources over the years.
Major contributions include: EDA, USDA Rural Development, U.S. Department of Housing and Urban Development through the City of Aberdeen, South Dakota’s REDI Fund, and Wells Fargo Community Foundation.
Other contributions include: NECOG, South Dakota Community Foundation, Northwestern Public Service, Montana-Dakota Utilities, Dacotah Bank, and US Bank.
SERVICE AREA Counties of: Beadle, Brown, Campbell, Day, Edmunds, Faulk, Hand, Marshall, McPherson, Potter, Spink, and Walworth.
ELIGIBLE COSTn¢ Business Acquisitionn¢ Land/Building Acquisitionn¢ Building Renovationn¢ Inventory Purchasen¢ New Building Constructionn¢ Equipment Purchasen¢ Machine/Suppliesn¢ Leasehold Improvementsn¢ Start-Up Costn¢ Permanent Working Capital INELIGIBLE COSTn¢ Refinancing of existing debtn¢ Relocation outside of service arean¢ Short-term operating loans or bridge loansn¢ Housing spec homes, apartments, flipping homes, etc.
¢ Business whose majority of income comes from alcohol or gambling
Contact InformationNortheast Council of Governments
Address: 2201 6th Ave. S.E Suite 2
City: Aberdeen
State: South Dakota
Website:
http://necog.org
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