apply now for revolving loan funds
Deadwood Lead Economic Development Corporation established a revolving loan fund with grants provided by the USDA. Loans are intended to create and/or retain jobs through start-up businesses or business expansion. Currently there are 14 businesses in Deadwood, Lead and Central City area that have been able to develop because of this program.
LOOKING FOR A NEW JOB?
LOOKING FOR A NEW JOB?
Are you looking for a summer job or just a change? Look no further!
2025 FOCUS AREAS
BUSINESS RETENTION/RECRUITMENT
Financial resource
Promote DLEDC member businesses and properties
Provide relocation support
WORKFORCE DEVELOPMENT
Support quality job growth in all sectors
Cultivate workforce development resources
Facilitate relationships between employers and housing
HOUSING
Attract housing developers
Promote available properties
Engage in legislation that supports housing efforts
THRIVE.
2025 Q1 REPORT
KEY POINTS:
Businesses want to be in the area
Houses are selling the fastest between $250,000-$500,000
Rentals are moving fast! Houses especially moving fast
Revolving Loan Fund has money available!
Lead sales tax would be in track with 2024 but for a deficit in the Construction Division
Deadwood saw a slight dip in sales tax in Q1 of 2025, but sales tax remains strong and is $10,000,000 over Q1 2020
A look at 2024…
2025 BOARD OF DIRECTORS
President - Molly Brown, GenPro Energy Solutions
Vice President – Mike Walker, NeighborWorks
Treasurer - Chris Roberts, HUB International Insurance
Secretary – Michele Loobey-Gertsch, Black Hills Works
Casey Derflinger, BankWest
David R. Ruth, Jr., Mayor of Deadwood
Sidney Goss, SDSM&T
Ron Everett, Mayor of Lead
Eric Jennings, Lawrence County Commissioner
Emma Garvin, Executive Director
