South Dakota Soybean Processors entered into an Amended and Restated Revolving Credit Promissory Note with CoBank on April 9, 2026, increasing the principal available under its seasonal loan from $20 million to $30 million. The Restated Note amends and restates the company’s existing note dated November 24, 2025, while other material terms under the March 17, 2025 Credit Agreement remain unchanged. The company expects the expanded facility to enhance liquidity for seasonal working capital needs.
Agreement details:
- Agreement type: Amended and Restated Revolving Credit Promissory Note (seasonal loan facility)
- Counterparty: CoBank
- Signed / Effective: Apr 09 2026 / same
- Duration / Termination: N/A
- Reason: Increase seasonal borrowing capacity and liquidity
Original SEC Filing:
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