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SBA 504 Lenders in South Dakota
3 certified CDCs · 1,255 loans approved · $814.7M total volume
| CDC Name | City | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| Dakota Business Finance | Sioux Falls | 657 | $452.5M | $689K |
| Ally Dakota Development, Inc. | Rapid City | 437 | $247.7M | $567K |
| South Dakota Development Corpo | Sioux Falls | 161 | $114.5M | $711K |
SBA 504 Loans in South Dakota
There are 3 SBA-certified CDCs headquartered in South Dakota. Together they have approved 1,255 SBA 504 loans totaling $814.7M since 2010. SBA 504 loans provide long-term fixed-rate financing for commercial real estate and equipment with as little as 10% down.