Home› South Dakota› FSA

FSA Direct Operating LoanLoan

FSA · South Dakota

Program Overview

Operating loans for farmers who can't get commercial credit. Covers feed, seed, fertilizer, livestock, equipment, and other farm expenses.

Program Details
Up to $400,000
Rolling — apply anytime
Your local FSA office
High — 13-page application + business plan + financial statements
Required Documents
  • Photo ID
  • 3 years tax returns
  • Balance sheet
  • Cash flow projection
  • Proof of inability to get commercial credit
Forms
  • FSA-2001 (Direct Loan Application)
  • FSA-2037 (Farming Experience)
  • FSA-2038 (Business Plan)
Priority Advantages

The following groups may receive priority consideration for this program:

Pro Tip: FSA is the lender of last resort. If your bank turned you down, FSA may say yes. Beginning farmers have dedicated set-asides.
Recent Awards in South Dakota
South Dakota State University
$1.3M · Payments To Agricultural Experiment Stations Under The Hatch Act
South Dakota State University
$468,522 · Expanded Food And Nutrition Education Program
South Dakota State University
$285,000 · Agriculture And Food Research Initiative (Afri)
South Dakota State University
$237,445 · Payments To Agricultural Experiment Stations Under The Hatch Act
Your Local FSA Office
FSA Aurora County Farm Service Agency
209 N Main, Plankinton, SD 57368
(605) 942-7719
FSA Beadle County Farm Service Agency
1386 Lincoln Ave Sw, Huron, SD 57350-3080
(605) 352-2998
Find more offices in South Dakota →
Frequently Asked Questions

Who may qualify for FSA in South Dakota?

Operating loans for farmers who can't get commercial credit. Covers feed, seed, fertilizer, livestock, equipment, and other farm expenses. Contact your local FSA office in South Dakota for specific eligibility requirements.

How much does FSA pay?

Value range: Up to $400,000. Actual amounts depend on your specific situation, crops, and acreage.

When is the FSA deadline?

Rolling — apply anytime. Contact your local FSA office for the most current dates.

How do I apply for FSA in South Dakota?

Apply at Your local FSA office. Required forms: FSA-2001 (Direct Loan Application), FSA-2037 (Farming Experience), FSA-2038 (Business Plan).

Related Programs in South Dakota
ARC-CO (Agriculture Risk Coverage — County)Subsidy
FSA · Annual election, typically March 15
PLC (Price Loss Coverage)Subsidy
FSA · Annual election, typically March 15
CRP (Conservation Reserve Program)Subsidy
FSA · General signup has periodic windows; Continuous CRP is always open for priority practices
NAP (Noninsured Crop Disaster Assistance)Subsidy
FSA · Application deadlines vary by crop, typically before planting
DMC (Dairy Margin Coverage)Subsidy
FSA · Annual enrollment, typically opens in fall for next year
Learn More at USDA →

Find All Programs You May Qualify For

Answer a few questions about your South Dakota farm and instantly see every subsidy, loan, and grant.

Try Subsidy Finder
Program information sourced from USDA. Eligibility described here is general guidance only. Confirm at your local FSA or NRCS office. FarmGrant is not affiliated with USDA.