Meat and poultry intermediary relending grant

Ended Project Grant Awarded

Award ID
CLSS00000075688
Recipient
Awarding agency
Obligated
$2,100,000

Award facts

Assistance listing
10.382 Meat and Poultry Intermediary Lending Program
Completion date
Place of performance
South Dakota, USA

Award details come from USAspending.gov.

About this award

The Department of Agriculture Rural Housing Service awarded a $2.1 million Project Grant to Planning & Development District III Inc. under the Meat and Poultry Intermediary Lending Program (CFDA 10.382). The grant will facilitate financing to qualified meat and poultry processors in South Dakota to increase processing capacity from Mar 2, 2023 to Mar 2, 2025. As an intermediary lender, Planning & Development District III Inc. will provide loans to eligible ultimate recipients for start-up or expansion projects involving meat and poultry processing, helping to create additional processing capacity in the state. The Meat and Poultry Intermediary Lending Program supports increasing meat and poultry production through improving access to capital for processing infrastructure development.

Quick answers

Who received award CLSS00000075688?

CLSS00000075688 was awarded to Planning & Development District III by Rural Business Cooperative Services (Washington Office) on March 2, 2023.

How much is award CLSS00000075688 worth?

$2,100,000 has been obligated on CLSS00000075688.

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