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SBA 504 record
First Dakota National Bank: SBA 504 first liens made
First Dakota National Bank, a bank based in Yankton, SD, made 15 SBA 504 first liens in the 36 months ending September 30, 2026, $18.9M in all, net of cancelled approvals. The typical first lien was about $790K, and 10 were in the last 12 months. Most were in South Dakota.
- Evidence
- SBA 504 loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 11, 2026
- First liens, 36 months
- 15
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $18.9M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $790K
- SBA FOIA,
- Largest loan
- $8.3M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 10
- SBA FOIA,
Cite this
Source: The Lender Report, First Dakota National Bank: SBA 504 first liens made, https://lender.report/lender/first-dakota-national-bank-sd/sba-504/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| May 2026 | South Dakota | SBA 504, Automotive Body, Paint, and Interior Repair and Maintenance | $310K | 25 yr | SBA FOIA | ||
| Jan 2026 | South Dakota | SBA 504, Construction | $1.3M | 20 yr | SBA FOIA | ||
| Sep 2025 | South Dakota | SBA 504, Snack and Nonalcoholic Beverage Bars | $660K | 25 yr | SBA FOIA | ||
| Sep 2025 | South Dakota | SBA 504, Professional, Scientific, and Technical Services | $550K | 25 yr | SBA FOIA | ||
| Jun 2025 | South Dakota | SBA 504, Snack and Nonalcoholic Beverage Bars | $880K | 25 yr | SBA FOIA | ||
| Jun 2025 | South Dakota | SBA 504, Snack and Nonalcoholic Beverage Bars | $790K | 25 yr | SBA FOIA | ||
| Jun 2025 | South Dakota | SBA 504, Other Services (except Public Administration) | $230K | 25 yr | SBA FOIA | ||
| May 2025 | South Dakota | SBA 504, Retail Trade | $350K | 25 yr | SBA FOIA | ||
| Apr 2025 | South Dakota | SBA 504, Construction | $810K | 25 yr | SBA FOIA | ||
| Mar 2025 | South Dakota | SBA 504, Wholesale Trade | $8.3M | 25 yr | SBA FOIA | ||
| Feb 2025 | South Dakota | SBA 504, Automotive Body, Paint, and Interior Repair and Maintenance | $150K | 25 yr | SBA FOIA | ||
| Oct 2024 | South Dakota | SBA 504, Hotels (except Casino Hotels) and Motels | $990K | 25 yr | SBA FOIA | ||
| Jul 2024 | South Dakota | SBA 504, Farm Supplies Merchant Wholesalers | $1.2M | 25 yr | SBA FOIA | ||
| Mar 2024 | South Dakota | SBA 504, Hotels (except Casino Hotels) and Motels | $1.7M | 25 yr | SBA FOIA | ||
| Mar 2024 | South Dakota | SBA 504, Manufacturing | $680K | 25 yr | SBA FOIA | ||
| 15 SBA 504 first liens since October 2023, net of cancelled | $18.9M | SBA FOIA | |||||
A blank means the source did not report it.
| State | First liens | Dollars |
|---|---|---|
| South Dakota | 15 | $18.9M |
SBA loans are on record by state only.
| Loan size | First liens | Dollars |
|---|---|---|
| Under $150K | 0 | $0 |
| $150K to $350K | 3 | $690K |
| $350K to $1M | 8 | $5.71M |
| $1M to $2.5M | 3 | $4.20M |
| $2.5M or more | 1 | $8.30M |
| Quarter | First liens | Dollars |
|---|---|---|
| 2024 Q1 | 2 | $2.38M |
| 2024 Q3 | 1 | $1.20M |
| 2024 Q4 | 1 | $990K |
| 2025 Q1 | 2 | $8.45M |
| 2025 Q2 | 5 | $3.06M |
| 2025 Q3 | 2 | $1.21M |
| 2026 Q1 | 1 | $1.30M |
| 2026 Q2 | 1 | $310K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | First liens |
|---|---|
| Snack and Nonalcoholic Beverage Bars (722515) | 3 |
| Automotive Body, Paint, and Interior Repair and Maintenance (811121) | 2 |
| Construction | 2 |
| Hotels (except Casino Hotels) and Motels (721110) | 2 |
| Farm Supplies Merchant Wholesalers (424910) | 1 |
| Manufacturing | 1 |
| Other Services (except Public Administration) | 1 |
| Professional, Scientific, and Technical Services | 1 |
| Retail Trade | 1 |
| Wholesale Trade | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| Accredited Lenders Program | 9 |
| ALP Express | 5 |
| 504 Refinancing Program | 1 |
| Certified Development Company | Projects |
|---|---|
| Dakota Business Finance | 14 |
| Ally Dakota Development, Inc. | 1 |
- First Dakota National Bank made 15 SBA 504 first liens totaling $18.9M in the 36 months ending September 30, 2026, net of cancelled approvals, in 1 state. SBA FOIA,
- The SBA file shows 10 approvals naming First Dakota National Bank as first-lien lender dated in the 12 months to September 30, 2026, and 14 in the 12 months before. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA,
- The typical first lien was about $790K, with the middle half between $350K and $1.2M. SBA FOIA,
- The largest was about $8.3M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 0 loans were under $150K, and 4 were $1M or more. SBA FOIA,
- The median term was 25 years. SBA FOIA,
- Its loans went most often to Snack and Nonalcoholic Beverage Bars, with 3. SBA FOIA,
- The SBA file lists 9 of its loans as processed under Accredited Lenders Program. SBA FOIA,
- It worked with 2 Certified Development Companies, most often Dakota Business Finance. SBA FOIA,
- Its loans were most often in South Dakota (15). SBA FOIA,
What we don't know
- Whether First Dakota National Bank is taking new SBA 504 loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
SBA 504 figures count the first-lien lender on each SBA approval. Dollars are first-lien amounts.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.