Russell Robers with The First National Bank in Sioux Falls worked with Dakota BUSINESS Finance to assist Stonewall Storage with an SBA 504 loan for the purchase of land and construction of self-storage units in Sioux Falls, SD.
July 2022 |
|
5.110% |
504 25-Year Term |
5.051% |
504 20-Year Term |
4.974% |
504 10-Year Term |
Dakota BUSINESS Finance was the #1 CDC in South Dakota for both dollar volume and loan volume. Dakota BUSINESS Finance assisted 95 businesses in South Dakota secure over $65 million in SBA 504 loan financing.
First Dakota National Bank
Melissa Fossell of First Bank & Trust
Dale Zomer of NAI Sioux Falls
Dakota BUSINESS Finance awarded Tea Economic Development Corporation with the $10,000 first place prize in South Dakota. Eight loans were provided in the City of Tea.
Dakota BUSINESS Finance awarded Mitchell Area Development with the $5,000 second place prize in South Dakota. Four loans were provided in the City of Mitchell.
Dakota BUSINESS Finance awarded Iowa Lakes Corridor Development Corporation with the $5,000 first place prize in Iowa. Two loans were provided in the City of Milford.
Dakota BUSINESS Finance awarded Cedar Rapids Economic Development Group with the $1,000 second place prize in Iowa. One loan was provided in the City of Cedar Rapids.
Dakota BUSINESS Finance awarded Luverne Economic Development Authority with the $1,000 first place prize in Minnesota. One loan was provided in the City of Luverne.
Dakota BUSINESS Finance awarded Worthington Economic Development Authority Group with the $500 second place prize in Minnesota. One loan was provided in the City of Lismore.
Pictured are Joseph and Brian Swenson of Sioux Nation Ag Center
SDSBA Director Jaime Wood presenting Matt Beukelman with his award