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The South Dakota Development Corporation specializes in the SBA 504 Loan Program, offering low interest, fixed-rate loans for small businesses. With terms of 10, 20, or 25 years, loans range from $100,000 to $5 million, making it accessible to businesses of all sizes. The corporation helps fund businesses through the SBA 504 Loan structure, which typically consists of a 50-40-10 financing model.
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