DeGeest Corp loan modification
South Dakota Department of AgricultureSouth Dakota- Detected
- Jul 8, 2026
- 122 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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THE 30-SECOND BRIEF
The Board will vote on approving a loan amount up to $3,320,093 and collateral changes for DeGeest Corp, following Credit Committee recommendation. This is an adjustment to an existing REDI or related loan, not a new solicitation.
Vendors gain insight that DeGeest has substantial, ongoing financed projects and is working closely with GOED, suggesting continuing capital needs, potential follow-on investments, and a stable funding base for larger contracts.
Credit Committee already recommended approval of the loan changes on June 29, 2026.
From the meeting
- Meeting date
- July 8, 2026
- Agency
- South Dakota Department of Agriculture
Questions about this project
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When will South Dakota Department of Agriculture issue an RFP for this project?
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