Dakota BUSINESS Finance, your partner in 504 lending, is doing its best to disseminate updated information with you when it is received from the Small Business Administration and the Treasury. Click the link for the most recent updates (updated 2/16/21):

Covid 19 Relief Bill Information

space

RECENT LOANS

Features

N_Marion_Rd_Storage.jpg

Dakota BUSINESS Finance worked with Tate Thorstenson of First Bank and Trust to assist EKS Investments with an SBA 504 loan to refinance existing debt on its storage facility located on Marion Road in Sioux Falls, SD. In addition to refinancing the borrower’s existing debt, the SBA loan will also provide cash out for working capital.

LaCroix_Law.jpg

Dakota BUSINESS Finance worked with Laura Marshall of First National Bank of Omaha in Yankton, SD to assist LaCroix Law Office with an SBA 504 loan to purchase a building in Yankon, SD.

Hartford_Storage.jpg

Dakota BUSINESS Finance worked with Brian Richter of Peoples Bank in Iowa to assist Hartford RV & Boat Storage with an SBA 504 loan to purchase an existing storage facility in Hartford, SD.

Garbage_and_More.jpg

Dakota BUSINESS Finance worked with the South Eastern Development Foundation to assist Garbage-N-More with an SBA 504 loan for the purchase of land and construction of a building in Dell Rapids, SD to provide storage for the business' garbage trucks. SEDF received funds from the State of South Dakota to provide loans for recycling and waste management companies at 2.0% interest for a 20-year term.

Shaykett.jpg

Ryan Schneider, of Plains Commerce Bank, worked with Dakota BUSINESS Finance to assist Shaykett Appraisal Company with an SBA 504 loan for the purchase of property in Sioux Falls.

Current Rates

 

April 2021

3.077%

504 25-Year Term

3.021%

504 20-Year Term

2.700%

504 10-Year Term (March 2021)

View Additional Rate Information

AWARDS

Spotlights

Sioux_Nation_Award.jpg

Sioux Nation Ag Center SBA 2019 Family Owned Small Business of the Year

Pictured are Joseph and Brian Swenson of Sioux Nation Ag Center

Rapid_Fitness_Award.jpg

Matt Beukelman, Rapid Fitness - SBA 2019 Young Entrepreneur of the Year

SDSBA Director Jaime Wood presenting Matt Beukelman with his award

DBF_award.jpg

2019 SBA 504 Dollar and Volume Leader Dakota BUSINESS Finance

Lender_of_the_Year_-_2020_-_First_Dakota_National.jpg

2020 Lender of the Year

First Dakota National Bank was named Dakota BUSINESS Finance's Lender of the year for 2020.

Individual_Lender_-_2020_-_Rodney_Krantz.jpg

2020 Individual Lender of the Year

Rodney Krantz of Plains Commerce Bank was named Dakota BUSINESS Finance's Individual of the Year 2020.

Friend_of_DBF_-_2020_-_Paul_Gourley.jpg

2020 Friend of Dakota BUSINESS Fiance

Paul Gourley of Harr and Lemme Commercial Real Estate was named Friend of Dakota BUSINESS Finance 2020.

1Brandon_Correct.jpg

Brandon Development Foundation receives Community Investment Award

The four lenders we would like to recognize are: Melissa Fossell, Matt Metzger, Scott Speer, and Patrick Erickson. The recipient of the $5,000 first place prize will be the Brandon Development Foundation.

1Willow_Lake.JPG

Choose Clark County Economic Development Organization receives Community Investment Award

The lender we would like to recognize for these two loans is Rodney Krantz. The recipient of the $1,000 second place prize will be the Choose Clark County economic development organization..

1Milford.JPG

Iowa Lakes Corridor Development Corporation receives Community Investment Award

The two lenders we would like to recognize are Brett Johnson and Matt Mueller. The recipient of the $1,000 first place prize will be the Iowa Lakes Corridor Development Corporation.

1Kingsley.JPG

Kingsley Industrial Development Committee receives Community Investment Award

The lender on the loan was Scott Kooiman. The recipient of the $500 second place prize will be the Kingsley Industrial Development Committee.

1Adrian.JPG

Worthington Regional Economic Development Corporation receives Community Investment Award

The lender on the loan was Ben Lutterman. The recipient of the $500 first place prize will be the Worthington Regional Economic Development Corporation.