FAC Explorer

Audit 375801

FY End
2025-06-30
Total Expended
$2.74M
Findings
0
Programs
6
Organization: Grow South Dakota (SD)
Year: 2025 Accepted: 2025-12-18
Auditor: WOHLENBERG RITZMAN & CO LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.767 INTERMEDIARY RELENDING PROGRAM $1.17M Yes 0
21.011 CAPITAL MAGNET FUND $481,593 Yes 0
59.062 INTERMEDIARY LOAN PROGRAM $426,758 Yes 0
21.020 COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM $246,894 Yes 0
10.382 MEAT AND POULTRY INTERMEDIARY LENDING PROGRAM $69,231 Yes 0
10.870 RURAL MICROENTREPRENEUR ASSISTANCE PROGRAM $23,246 Yes 0

Contacts

Name Title Type
T4DXEXNE6XZ6 Katie Rasmus Auditee
6056987654 Jessica Gadeken Auditor
No contacts on file

Notes to SEFA

The federal loan programs listed below are administered directly by GROW South Dakota and balances and transactions related to these programs are included in GROW South Dakota’s consolidated financial statements. Expenditures reported in this schedule consist of the beginning of the year loan balance plus additional loan advances during the year. The balances of loans outstanding at June 30, 2025, under those federal loan programs are as follows: See the Notes to the SEFA for chart/table.