RECENT LOANS

Features

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Dakota BUSINESS Finance worked with Matt Nelson of Bank Midwest to assist The Blue Haven Barn with an SBA 504 loan to refinance an existing loan and to assist with the expansion of an additional venue called The Atrium at Blue Haven.

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Paula Brown with Cortrust Bank and Dakota BUSINESS Finance assisted Houndstooth House with an SBA 504 loan to purchase and renovate a building in Sioux Falls.

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Cortrust Bank lender Paula Brown and Dakota BUSINESS Finance assisted Hartford Building Center to acquire an SBA 504 loan that will be used to refinance existing debt and expand the current location with a 6,000 square foot addition.

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Melissa Fossell with First Bank & Trust worked with Dakota BUSINESS Finance to assist Hauge Associates with an SBA 504 loan to purchase the real estate the company currently leases.

Current Rates

 

September 2020

2.410%

504 25-Year Term

2.366%

504 20-Year Term

2.288%

504 10-Year Term

View Additional Rate Information

AWARDS

Spotlights

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Sioux Corporation SBA Exporter of the Year

Pictured is Eric Hansen-VP of Operations, Meg Andersen-Sioux CFO and Jaime Wood-District Director of SDSBA.

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Family-Owned Business of the Year

SDSBA Director Jaime Wood presenting the Stensland Family with their award

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SBA 504 Volume Leader Dakota BUSINESS Finance

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Lender of the Year

The First American Bank in Sioux Falls was named Dakota BUSINESS Finance's Lender of the year.

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Individual Lender of the Year

Trisha Viss of Dacotah Bank was named Dakota BUSINESS Finance's Individual of the Year

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Friend of Dakota BUSINESS Fiance

Dean Nielsen was named Friend of Dakota BUSINESS Finance

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Iowa Lakes Corridor Development Corporation receives Community Lending Award

From left: Daniel Park, Dakota BUSINESS Finance; TJ Speer, Dakota BUSINESS Finance Board Vice President; Brett Johnson, Central Bank in Milford, IA.; John Tatman, Iowa Lakes Corridor Baord Chairman; Kiley Miller, Iowa Lakes Corridor President and Chief Executive Officer.

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Yankton Area Progressive Growth receives Community Lending Award

From left: Thomas Schroeder, The First National Bank in Yankton; Dan Park Dakota BUSINESS Finance; Kevin Moe, former Dakota BUSINESS Finance Board President; Rob Stephenson, Yankton Area Progressive Growth Chairman; and Nancy Wenande, Yankton Area Progressive Growth Chief Executive Officer.

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Marshall Area Chamber of Commerce receives Community Lending Award

Dakota BUSINESS Finance Loan Officer Dan Park (left) presents Marshall Area Chamber of Commerce President Brad Gruhot with the check award.

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Baltic Economic Development wins Community Lending Award

From left: Lynne Keller Forbes, Dakota BUSINESS Finance Executive Director; Mike Wendland, City of Baltic Administrator; Scott Grunewaldt, Baltic Mayor; Chris Hotzler, Baltic City Council Member; Tracy Petersen, Baltic City Council Member; Kiri Sells, Baltic City Council Member; and Bob Mundt, Dakota BUSINESS Finance Board of Director member.