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Reinbeck bank sues shuttered ethanol plant for $19 million default

Lincoln Savings Bank alleges QCCP defaulted on USDA-backed loans

Posted 5/14/26

Plant has been shut down since 2024

A Reinbeck bank is seeking foreclosure of Quad County Corn Processors in Galva for defaulting on nearly $19 million in loans issued five years ago and …

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