UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 7, 2012
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| LAKE AREA CORN PROCESSORS, LLC |
| (Exact name of registrant as specified in its charter) |
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| South Dakota | 000-50254 | 46-0460790 |
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
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46269 SD Highway 34 P.O. Box 100 Wentworth, South Dakota 57075 |
| (Address of principal executive offices) |
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| (605) 483-2676 |
| (Registrant's telephone number, including area code) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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| o | Written communicaitons pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 Entry Into A Material Definitive Agreement
On May 7, 2012 we executed amended loan agreements. These amendments extended the terms of these loans, reduced the interest rates payable under the loans and reduced the fee that we are charged on the unused portions of the loans.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | | LAKE AREA CORN PROCESSORS, LLC |
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| Date: | May 11, 2012 | | /s/ Robbi Buchholtz |
| | | | Robbi Buchholtz, Chief Financial Officer |
