NECOG-DC Revolving Loan Fund Success Stories
Dayle Sundberg is an accomplished artist and interior designer. She specializes in modern original art pieces, eclectic, and one-of-a-kind repurposed and salvaged pieces for furniture or décor. When she decided to expand her business beyond her home, NECOG DC was able to assist her with financing for an art studio. In addition to her studio, Dayle also has items at the 212 Gettysburg Mini Mall.
Jeff and Lori Flinn opened Flinner’s Bar & Grill in Mellette in 2013 with a loan from NECOG DC. Utilizing financing, the Flinns were able to build a new building and establish Flinner’s Bar & Grill as a much needed food and beverage establishment in Mellette.
Russ Maier has been grinding hay for his customers since 2003. He received a loan from NECOG DC in the fall of 2012 to purchase a hay grinder. In 2014, he had the opportunity to expand his business and add a second hay grinder. He again looked to NECOG DC for financing. Russ also added one full time seasonal employee with the purchase of the second hay grinder.
When it became necessary for Evelyn Heilman to move her business to a new location she contacted NECOG-DC. With the funding provided she was able to purchase the former sales barn and renovate it to fit the needs of the Bowdle Building and Hardware Center. She now has more room for a sales floor and inside storage for inventory.
DAMAR FARMERS ELEVATOR, LANGFORD
With the nearest grocery store and convenience store located 17 miles away DaMar Farmers Elevator saw a need for their area. In order for a new convenience store and gas station to be built in Langford, NECOG-DC partnered with other lenders to complete the project. Now people have a place to get their gas and purchase necessities. The c-store also serves as a place to hang out with friends or grab a bite to eat after an event.
Cody and Karla Schultz started their business fixing pasture fences. Through a NECOG-DC loan they were abe to purchase a truck, trailer, and skid steer to expand their business and become more competitive. Demand for their service continues to grow and they hope to soon be bidding on SDDOT projects. To see more of their great work check out their facebook page.