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SBA lending record

MDC605 LLC

5008 S Marion Rd, Sioux Falls, SD 57106 · Fine Arts Schools. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$30K

Total SBA financing

1

Loan on record

FY2020

On record

6

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$30,300 — FY2020

Gross approval: $30,300
SBA guaranteed: $15,150 (50%)
Status: Paid in full
Rate at approval: 5.5% f
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/12/2020
First disbursement: 8/31/2020
Days to fund: 19 days
Paid in full: 9/30/2023
Collateral: Required
Jobs supported: 6
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Fine Arts Schools
NAICS code: 611610
Lender: The First National Bank in Sioux Falls
Address: 5008 S Marion Rd
City: Sioux Falls, 57106
County: Minnehaha
SBA district office: SOUTH DAKOTA DISTRICT OFFICE
Congressional district: 0

The lender

The First National Bank in Sioux Falls

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding fine arts schools — by location, industry.

SBA lenders in South Dakota Lenders for fine arts schools Fine Arts Schools lenders in South Dakota

Similar businesses

Comparable fine arts schools in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Morrison Music Studio, LLC

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Fine Arts Schools

$19K
SBA financing: ≈ $37K–$61K
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Hopkins Dance Company Incorporation

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Fine Arts Schools

$30K
SBA financing: ≈ $59K–$98K
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ARTFUL MINDS LLC

Excelsior, MN· ~184 mi

Young Rembrandts

$50K
SBA financing: ≈ $98K–$163K
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Jan's School of Dance LLC

Hastings, MN· ~213 mi

Fine Arts Schools

$25K
SBA financing: ≈ $49K–$82K
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KENOSHA ACADEMY OF DANCE INC

Kenosha, WI· ~453 mi

Fine Arts Schools

$35K
SBA financing: ≈ $69K–$114K
Est. revenue (rough)

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Allie Harris LLC

Logan, UT· ~775 mi

Fine Arts Schools

$34K
SBA financing: ≈ $67K–$111K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for MDC605 LLC in Sioux Falls, SD (Fine Arts Schools). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $30K
On record FY2020
6 jobs supported
Industry: Fine Arts Schools
Location: Sioux Falls, SD
Lender: The First National Bank in Sioux Falls

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Fine Arts Schools businesses in SD for ~$30k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/mdc605-llc-sd
API:: https://dealroom.so/api/public/businesses/mdc605-llc-sd
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with MDC605 LLC.