SBAPULSE

Dakota Business Finance

Headquartered in Sioux Falls, SD

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504 Lending (CDC)

Gross approval amounts (504 debenture)

FY2026 Volume

$49.9M

#38 by FY2026 volume

FY2026 Loans

56

$891K avg size

FY2022–FY2026 Volume

$241.4M

FY2022–FY2026 Loans

272

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

3 states, districts, and territories with activity

#
1SD42$34.3M$816K
2IA11$10.0M$913K
3MN3$5.6M$1.9M
Explore 504 loan-level performance

Source: SBA lender activity reports, data as of Sep 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.