Lake Region Electric Loans

Project Directory

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Northside Properties, LLC

Category:  Business, Lake Region

Northside Properties LLC Receives Loan from Lake Region Electric’s REED Fund   Northside Properties LLC was recently awarded financing when Lake Region Electric issued a Rural Electric Economic Development, or REED, loan to Northside Properties LLC for a building for retail businesses in Roslyn, SD.  Working closely with local banks, other loan funds...

Lake Region Golf Club

Category:  Lake Region

Lake Region Golf Club Receives Loan from H-D Electric Cooperative’s REED Fund   H-D Electric Cooperative recently issued a Rural Electric Economic Development (REED) loan to Lake Region Golf Club to help cover extra expenses for repairs and working capital after flooding during the 2019 golf season.    H-D Electric Cooperative utilizes the REE...

Webster Home Center

Category:  Lake Region, Business, Cooperatives

The Webster Lumber & Home Center opened in August, 2008.  This business is a full scale lumber and home building supplies business for Webster and the surrounding area.  The REED Fund assisted with financing the construction of the building and purchasing inventory and fixtures to bring this needed business t...

Truss-Pro's

Category:  Lake Region, Business, Manufacturing, Cooperatives

In business since 1978, Truss Pro’s, a wholesale manufacturer of roof and floor trusses for sale to lumber yard dealers in a five-state area, has grown from a small three person shop into a major rural success story in Britton, SD, population 1,241. REED financing assisted with expansion including ...

Tractors and Trucks, LLC

Category:  Lake Region, Cooperatives, Business, Agriculture

WEBSTER, SD, September, 2016 – Lake Region Electric Association’s Rural Electric Economic Development (REED) Fund was recently utilized to help support local agriculture. It is exciting when a need exists in a community and a local business owner can raise the capital and meet the need. That ability is wha...

Sundial Manor

Category:  Lake Region, Healthcare, Cooperatives

Sun Dial Manor, Inc. Receives Loan from Lake Region Electric’s REED Fund Sun Dial Manor, Inc. was recently given a helpful hand when Lake Region Electric Cooperative, Inc. issued a Rural Electric Economic Development, or REED, loan.  The funds will be used to purchase and install a new generator to assur...