South Dakota Administrative Rules
Title 12 - Department of Agriculture
Article 12:07 - Agriculture enterprise programs
Chapter 12:07:12 - Rural development loans and participations
Section 12:07:12:10 - Application process

(1) The applicant shall apply to an eligible lender for a participation loan for the project;

(2) The applicant must use the application form provided by the office. The lender may require the applicant to use the lender's application form in addition;

(3) The applicant shall provide any necessary additional office application documentation as mutually agreed upon and requested by the lender and the administrator;

(4) The lender shall submit the application form and required application documentation to the office;

(5) If applying for a direct or bridge loan, the documentation and application will be submitted by the applicant directly to the office.