Letter Agreement to the Second Amended and Restated Revolving Credit Note dated October 29, 2021 by and among Southwest Iowa Renewable Energy, LLC, Farm Credit Services of America, FLCA, Farm Credit Services of America, PCA and CoBank, ACB

EX-10.1 2 brhc10033530_ex10-1.htm EXHIBIT 10.1

Exhibit 10.1

6340 South Fiddlers Green Circle

Greenwood Village, CO 80111

800 ###-###-####

www.cobank.com

February 1, 2022

VIA REGULAR U.S. MAIL AND E-MAIL

Southwest Iowa Renewable Energy, LLC

10868 189th Street

Council Bluffs, IA 51503

Attn: Michael D. Jerke

RE: Southwest Iowa Renewable Energy, LLC

Dear Mr. Jerke:

Reference is made to that certain Second Amended and Restated Revolving Credit Note dated as of October 29, 2021 by Southwest Iowa Renewable Energy, LLC (the “Company”) to the order of Farm Credit Services of America, PCA (the “Note”). Capitalized terms not defined herein shall have the meanings set forth in the Note.

The Note is hereby amended by amending the Revolving Credit Facility Expiration Date set forth therein from “February 1, 2022” to “March 1, 2022”.

Except as specifically set forth herein, the Note shall remain in full force and effect as originally executed. Except for the specific amendment set forth herein, nothing herein shall be deemed to be an amendment of any provision contained in the Note and all such other provisions contained in the Note are hereby confirmed and ratified in all respects and shall remain in full force and effect in accordance with their respective terms.

It is important you keep this letter with your original loan documentation.

Sincerely,

Kathy Frahm

CoBank, ACB

Vice President

Agribusiness Banking Group

	Proud Member of the
	Farm Credit System

CONSENTED TO AND AGREED UPON BY:

COMPANY:

SOUTHWEST IOWA RENEWABLE ENERGY, LLC

By:

/s/ Michael D. Jerke

Name:	Michael D. Jerke
Title:	Chief Executive Officer

LENDER:

FARM CREDIT SERVICES OF AMERICA, PCA

By:	/s/ Brian Frevert

Name:	Brian Frevert
Title:	VP

FARM CREDIT SERVICES OF AMERICA, FLCA

By:	/s/ Brian Frevert

Name:	Brian Frevert
Title:	VP