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Rural Economic Development Loan and Grant Program

DVEC is able to offer funding for new businesses and business expansion projects through USDA's Rural Economic Development Loan and Grant Program.

Loans are available to qualifying businesses for up to $1,000,000 at zero-percent interest for 10 years.

To date, 22 projects have received funding through USDA's Rural Economic Development Loan and Grant Program. Projects that have qualifed for funding are:

  • Super 8 Motel - Edgeley
  • Dakota Valley Mills
  • Minn Dak Sugar- Wahpeton
  • Tri State Fertilizer Plant in Fairmount
  • Five Star Dairy - Hankinson
  • Hutchinson Wilrich - Wahpeton
  • Good Oil Company - LaMoure
  • LaMoure Feed & Seed - LaMoure
  • Cenex - Ellendale
  • LaMoure and Ellendale Equipment
  • Green Implement - Hankinson
  • Tri-State Fertilizer Terminal, LLC - Fairmont
  • New Fire Hall - Edgeley Fire Department
  • Oakes Ambulance Service
  • City of Oakes water and sewer expansion
  • Dwight Fire Department upgrades
  • Dialysis Treatment Center building
  • Giant Snacks, Inc. plant expansion
  • City of LaMoure - New Fire Hall and Ambulance Center
  • New Hardware and Grocery Store in LaMoure
  • New Building Farmers Union Oil of Southern Valley
  • Minn-Dak Farmers Cooperative Expansion

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