Josh Hofer of First Dakota Bank worked with Dakota BUSINESS Finance to assist Smoothie King with an SBA 504 loan for leasehold improvements, equipment, and furniture in Sioux Falls, SD. Daniel Park is the loan officer with Dakota BUSINESS Finance.
August 2023 |
|
6.812% |
504 25-Year Term |
6.867% |
504 20-Year Term |
7.067% |
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 52 businesses in South Dakota secure over $44 million in SBA 504 loan financing.
First Dakota National Bank
Travis Olsem of American Bank & Trust
Trisha Viss of First Interstate Bank
Dakota BUSINESS Finance awarded the City of Tea with the $10,000 1st place prize in South Dakota. Four SBA 504 loans were approved in Tea.
Dakota BUSINESS Finance awarded the City of Brandon with the $5,000 2nd place prize in South Dakota. Three SBA 504 loans were approved in Brandon.
Dakota BUSINESS Finance awarded the City of Arnold's Park with the $5,000 1st place prize in Iowa. Two SBA 504 loans were approved in Arnold's Park.
Dakota BUSINESS Finance awarded the City of Larchwood with the $1,000 2nd place prize in Iowa. Two SBA 504 loans were approved in Larchwood.
Dakota BUSINESS Finance awarded the City of Balaton with the $1,000 1st place prize in Minnesota. One SBA 504 loan was approved in Balaton.
Dakota BUSINESS Finance awarded the City of Worthington with the $500 2nd place prize in Minnesota. One SBA 504 loan was approved in Worthington.