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.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $2.1m | 3/2/23 |