---
schema_version: "secwatch.filing_event.v1"
accession: "0001163609-23-000014"
form_type: "8-K"
ticker: "SDSYA"
cik: "0001163609"
company_name: "SOUTH DAKOTA SOYBEAN PROCESSORS LLC"
filed_at: "2023-03-06T23:59:59+00:00"
generated_at: "2026-06-18T11:11:53.343152+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# South Dakota Soybean Processors increases revolving credit facility from $75M to $85M with CoBank

## Summary
- Principal amount increased from $75M to $85M under Restated Seasonal Note with CoBank.
- Maturity date remains December 1, 2023.
- All other terms under the 2016 Credit Agreement unchanged.

## SEC filing metadata
- accession: 0001163609-23-000014
- form_type: 8-K
- ticker: SDSYA
- cik: 0001163609
- company_name: SOUTH DAKOTA SOYBEAN PROCESSORS LLC
- filed_at: 2023-03-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163609/000116360923000014/0001163609-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163609/000116360923000014/sdsp-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163609-23-000014
- JSON: https://secwatch.observer/filing/0001163609-23-000014.json
- Plain text: https://secwatch.observer/filing/0001163609-23-000014.txt

## Key facts
- Debt Financings
  SOUTH DAKOTA SOYBEAN PROCESSORS LLC amended revolving credit of increased from $75 million to $85 million with CoBank, ACB maturing December 1, 2023.
  - Instrument: revolving credit
  - Principal: increased from $75 million to $85 million
  - Counterparty: CoBank, ACB
  - Maturity: December 1, 2023
  - Event: amendment
  source text: the principal amount that we may borrow is increased from $75 million to $85 million until the loan's maturity on December 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163609/000116360923000014/0001163609-23-000014-index.htm
- Material Agreements
  SOUTH DAKOTA SOYBEAN PROCESSORS LLC amended Amended and Restated Revolving Credit Promissory Note with CoBank, ACB valued at Amended and Restated Revolving Credit Promissory Note with CoBank, ACB (effective 2023-03-02).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: CoBank, ACB
  - Value: Amended and Restated Revolving Credit Promissory Note with CoBank, ACB
  - Effective: 2023-03-02
  source text: On March 2, 2023, we entered into an Amended and Restated Revolving Credit Promissory Note ("Restated Seasonal Note") with our lender, CoBank, ACB of Greenwood Village, Colorado.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163609/000116360923000014/0001163609-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.