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Low interest loans available to Jerauld County businesses

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The Areawide Business Council Inc., a regional revolving loan fund sponsored by Planning and Development District III, is offering low interest financing at 2.5 percent to assist businesses in Jerauld County as a result of the recent tornado damage.

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Loan applications are available through Lori Cowman at District III by calling 605-665-4408 or 800-952-3562.

Linda Willman, Wessington Springs City Auditor who serves on the Areawide Business Council Board, said "These are available to all Jerauld County businesses whether your business was damaged by the tornado or not."

Applications are being taken through July 1, 2015. To start a new business which the loans would also qualify for, contact the Wessington Springs Area Development Corporation at 605-539-1929 for a list of available commercial lots and business start-up information.

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