Dakota Business Finance: SBA Lending Profile
Dakota Business Finance is a Certified Development Company (CDC), headquartered in Sioux Falls, SD. It is active in 7 states, concentrated around SD, IA, MN. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes Dakota Business Finance actually approves
The median SBA approval at Dakota Business Finance is $386,000. The middle 80% of its loans fall between $134,000 and $1,400,300. The smallest approval on record since 2020 is $47,000 and the largest is $5,500,000. If the amount you need sits far outside that range, this is probably not the right first call, no matter what the website says.
Industries it funds most
| Industry | Loans since 2020 | Share |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 56 | 10.2% |
| Child Day Care Services | 23 | 4.2% |
| Full-Service Restaurants | 18 | 3.3% |
| General Automotive Repair | 15 | 2.7% |
| Car Washes | 14 | 2.6% |
| Lessors of Miniwarehouses and Self-Storage Units | 11 | 2% |
| Limited-Service Restaurants | 10 | 1.8% |
| Offices of Dentists | 8 | 1.5% |
| Drinking Places (Alcoholic Beverages) | 8 | 1.5% |
| Offices of Lawyers | 8 | 1.5% |
| All Other Personal Services | 8 | 1.5% |
| Dairy Cattle and Milk Production | 8 | 1.5% |
Borrower profile
- 19.3% of its recent SBA loans went to startups or businesses under two years old.
- Collateral was taken on 98.4% of its recent SBA loans.
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Sources and limits. Figures are derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records (data as of 2026-06-30, retrieved 2026-08-08) and FDIC public institution data. They describe past lending activity only. They are not rate quotes, not current offers, and not an indication that any business will qualify. Lender programs and criteria change. Big Brain Funding is not affiliated with or endorsed by Dakota Business Finance.