SBA lending record

SLM Development Group, Inc.

5309 East Ryan Place, Sioux Falls, SD 57110 · Engineering Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.6M

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

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

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The loan

$2,570,000 — FY2021

Gross approval: $2,570,000
SBA guaranteed: $2,313,000 (90%)
Status: Paid in full
Rate at approval: 5.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 12/8/2020
First disbursement: 1/25/2021
Days to fund: 48 days
Paid in full: 3/31/2024
Collateral: Required

The lender

Byline Bank

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

Agent summary

This page summarizes the public SBA 7(a) lending record for SLM Development Group, Inc. in Sioux Falls, SD (Engineering Services). 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 $2.6M
On record FY2021
4 jobs supported
Industry: Engineering Services
Location: Sioux Falls, SD
Lender: Byline Bank

Next steps

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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 SLM Development Group, Inc..