StockWatch
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Fats & Oils
Loan & DebtApr 13, 2026, 03:41 PM

South Dakota Soybean Processors Increases Loan to $30M

AI Summary

South Dakota Soybean Processors, LLC entered into an Amended and Restated Revolving Credit Promissory Note with CoBank, ACB on April 9, 2026. This agreement increases the principal available under the company's seasonal loan from $20 million to $30 million. The increased credit facility provides the company with greater financial flexibility for its operations.

Key Highlights

  • Entered Amended and Restated Revolving Credit Promissory Note.
  • Seasonal loan principal increased from $20 million to $30 million.
  • Agreement with CoBank, ACB.