Ally Dakota Development, Inc.
Rapid City, SD 57701
SBA Certified Development CompanyStates Served
Top Industries Financed
- Hotels (except Casino Hotels) and Motels
- Full-Service Restaurants
- Limited-Service Restaurants
- General Automotive Repair
- Gasoline Stations with Convenience Stores
Quick Summary
Ally Dakota Development, Inc. is an SBA-certified Certified Development Company (CDC) headquartered in Rapid City, South Dakota. Since 2010, they have approved 437 SBA 504 loans totaling $247.7M, with an average loan size of $567K. They serve businesses across 5 states.
About Ally Dakota Development, Inc.
Ally Dakota Development, Inc. is an SBA-certified Certified Development Company (CDC) headquartered in Rapid City, South Dakota. Since 2010, they have approved 437 SBA 504 loans totaling $247.7M, with an average loan size of $567K. They serve businesses across 5 states.
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Frequently Asked Questions
What does Ally Dakota Development, Inc. do?
Ally Dakota Development, Inc. is an SBA-certified Certified Development Company (CDC) based in Rapid City, South Dakota. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Ally Dakota Development, Inc. handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Ally Dakota Development, Inc. approved?
According to SBA FOIA public records, Ally Dakota Development, Inc. has approved 437 SBA 504 loans totaling $247.7M since 2010. Their average loan size is $567K.
What states does Ally Dakota Development, Inc. serve?
Ally Dakota Development, Inc. serves businesses in 5 states: Iowa, North Dakota, Nebraska, South Dakota, Wyoming.
How do I apply for an SBA 504 loan through Ally Dakota Development, Inc.?
To apply for an SBA 504 loan through Ally Dakota Development, Inc., contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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Contact Ally Dakota Development, Inc.
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