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Every business and industry is unique. The Mitchell Area Development Corporation (MADC) recognizes these unique needs and customizes services and incentives for each business and industry project. Financial packages and construction support services are available through the MADC. Call 605-996-1140 for more information on our services and incentives.

First District Development Company

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Category: Local Incentives, State Incentives, Grants & Loans, Grants & Loans


First District Development Company (FDDC) is a non-profit corporation promoting economic development and job creation in Eastern South Dakota. Established in 1983 as a Certified Development Company, First District Development Company is licensed by the Small Business Administration (SBA) to offer the SBA 504 Loan Program.

Since 1983, FDDC has loaned over $75 million in SBA 504 financing to over 240 new or expanding businesses resulting in the creation of over 1700 jobs.

We specialize in long-term commercial real estate loans with fixed favorable interest rates and low down payments. By offering these loans, we strive to assist growing businesses and improve the overall economic conditions in South Dakota.

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CONTACTS

Paula Hulscher
First District Development Company
124 1st Avenue NW / P.O.Box 1207
Watertown, SD  57201
Phone: (605) 882-5115   Fax: (605) 882-5049
paula@1stdistrict.org
http://www.1stdistrict.org/FDDC

Amy Waite
First District Development Company 124 1st Avenue NW / P.O.Box 1207
Phone: (605) 882-5115   Fax: (605) 882-5049
amy@1stdistrict.org
http://www.1stdistrict.org/FDDC


Tags: Mitchell, SD, Workforce, Development, Economic Development, South Dakota, jobs