The money will help pay managers remaining at the plant, utilities and other expenses that have gone unpaid since late July. The company had asked for $2 million.
The Aberdeen, SD-based plant filed for Chapter 11 bankruptcy protection in July. The company is seeking a "stalking horse" bid, in which one potential buyer makes an initial offer to set the floor for an auction that invites competitive bids. The plant is facing $138.8 million in liabilities and has just $79.3 million in assets, according to court documents. The company laid off most of its employees in July.