SBA lending record
Philip L Preston LLC
30 N Ferguson St, Hermosa, SD 57744 · Supermarkets and Other Grocery Retailers (except Convenience. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$385K
Total SBA financing
2
Loans on record
FY2023
On record
12
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$360,000 — FY2023
Loan 1 of 2- Gross approval
- $360,000
- SBA guaranteed
- $270,000 (75%)
- Status
- Current
- Rate at approval
- 8.5% f
- Term
- 144 mo (12 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/15/2023
- First disbursement
- 7/3/2023
- Days to fund
- 18 days
- Collateral
- Required
- Jobs supported
- 6
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Philip L Preston LLC in Hermosa, SD (Supermarkets and Other Grocery Retailers (except Convenience). 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.
- 2 SBA 7(a) loans totaling $385K
- On record FY2023
- 12 jobs supported
- Industry: Supermarkets and Other Grocery Retailers (except Convenience
- Location: Hermosa, SD
- Lender: Black Hills FCU
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is Philip L Preston LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 Philip L Preston LLC.