Mitchell Area Development Corporation Secures $1 Million USDA Zero-Interest Loan for New Industrial Park Development

Mitchell Area Development Corporation announces a groundbreaking $1,000,000 USDA Rural Economic Development Loan and grant to support the creation of a new industrial park in Mitchell's southwest corner.

By Riley Harrington March 24, 2025 2:10 pm

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MITCHELL, S.D. (MITCHELLNOW) The Mitchell Area Development Corporation announcing Friday $1,000,000 zero interest loan from the USDA Rural Economic Development Loan and grant program. The 10 year loan will support the development of a new industrial park, signaling a bold and future oriented step in Mitchell’s ongoing commitment to economic growth and business expansion. The new industrial park will be located in Mitchell’s southwest corner. For more Government stories from MitchellNow.com, Click Here.

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