STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
186
2010–2025
Total Volume
$94M
Gross loan amounts
States Active
4
With recorded loans
Programs
7(a) & 504
186 total segments
Dacotah Bank has a strong focus on 504 loans, making up 44% of their total SBA deals. This is significantly higher than the national average of about 18%. If you're looking for financing for real estate or equipment, this lender is well-suited for you.
With an average 7(a) spread of P+1.47%, Dacotah Bank offers competitive pricing compared to the national median of P+2.75%. This could mean lower overall costs for your loan, making it a financially attractive option.
Dacotah Bank has experienced a 33% year-over-year growth in SBA deals, indicating a strong upward trend. This suggests they are actively expanding their lending capabilities, which could improve your chances of approval.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 82 504 loans, which use fixed SBA debenture rates.
States where Dacotah Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Auto Repair & Maintenance
Other Services
Retail Trade
Retail Trade
Specialty Trade Contractors
Construction
Transportation & Warehousing
Transportation & Warehousing
Hotels & Accommodation
Accommodation & Food Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
+ 7 more
All recorded SBA lending activity for Dacotah Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 5 | P+0.45% | $88K | Q2 2022 |
| South Dakota · Restaurants & Food Service · $150K – $350K | 7(a) | 5 | P+1.00% | $212K | Q3 2024 |
| South Dakota · Physician & Dental Offices · $1M – $2M | 504 | 4 | — | $1.3M | Q1 2024 |
| South Dakota · Manufacturing · $150K – $350K | 7(a) | 4 | P+1.82% | $254K | Q3 2020 |
| South Dakota · Specialty Trade Contractors · Under $150K | 7(a) | 4 | P+1.50% | $115K | Q1 2022 |
| South Dakota · Personal Care (Salons, Spas) · Under $150K | 7(a) | 4 | P+1.88% | $76K | Q1 2017 |
| South Dakota · Retail Trade · $150K – $350K | 7(a) | 3 | P+2.50% | $274K | Q4 2017 |
| South Dakota · Manufacturing · Under $150K | 7(a) | 3 | P+2.00% | $114K | Q1 2022 |
| South Dakota · Auto Repair & Maintenance · Under $150K | 7(a) | 3 | P+2.75% | $75K | Q3 2016 |
| South Dakota · Other Health Practitioners · Under $150K | 7(a) | 3 | P+2.75% | $73K | Q4 2018 |
| South Dakota · Hotels & Accommodation · $500K – $1M | 504 | 3 | — | $702K | Q1 2024 |
| South Dakota · Auto Repair & Maintenance · $150K – $350K | 504 | 3 | — | $203K | Q2 2022 |
| South Dakota · Restaurants & Food Service · $500K – $1M | 504 | 3 | — | $599K | Q1 2022 |
| South Dakota · Transportation & Warehousing · $500K – $1M | 7(a) | 3 | P+-0.30% | $633K | Q3 2025 |
| South Dakota · Hotels & Accommodation · $150K – $350K | 504 | 2 | — | $240K | Q4 2020 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 2 | P+0.82% | $189K | Q3 2017 |
| Minnesota · Administrative & Waste Services · Under $150K | 7(a) | 2 | P+1.25% | $86K | Q1 2018 |
| North Dakota · Arts, Entertainment & Recreation · Under $150K | 7(a) | 2 | P+0.13% | $120K | Q3 2024 |
| South Dakota · Specialty Trade Contractors · $150K – $350K | 7(a) | 2 | P+2.00% | $244K | Q1 2018 |
| South Dakota · Other Professional Services · Under $150K | 7(a) | 2 | P+1.75% | $74K | Q3 2015 |
| South Dakota · Retail Trade · Under $150K | 7(a) | 2 | P+1.50% | $100K | Q3 2020 |
| South Dakota · Transportation & Warehousing · Under $150K | 7(a) | 2 | P+1.75% | $33K | Q3 2021 |
| South Dakota · Transportation & Warehousing · $150K – $350K | 7(a) | 2 | P+1.98% | $255K | Q3 2020 |
| South Dakota · Manufacturing · $500K – $1M | 504 | 2 | — | $547K | Q3 2021 |
| South Dakota · Auto Repair & Maintenance · Under $150K | 504 | 2 | — | $146K | Q2 2025 |
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