SBA lending record
Virg's Welding & Repair
3904 N NATIONAL AVE, Sioux Falls, SD 57104 · Commercial and Industrial Machinery and Equipment (except Au. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$305K
Total SBA financing
3
Loans on record
FY2020–21
On record
18
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$50,000 — FY2021
Loan 1 of 3- Gross approval
- $50,000
- SBA guaranteed
- $45,000 (90%)
- Status
- Paid in full
- Rate at approval
- 4.75% v
- Term
- 60 mo (5 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/7/2021
- First disbursement
- 7/23/2021
- Days to fund
- 16 days
- Paid in full
- 7/31/2022
- Collateral
- Required
The lender
The First National Bank in Sioux Falls
3 loans to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for Virg's Welding & Repair in Sioux Falls, SD (Commercial and Industrial Machinery and Equipment (except Au). 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.
- 3 SBA 7(a) loans totaling $305K
- On record FY2020–21
- 18 jobs supported
- Industry: Commercial and Industrial Machinery and Equipment (except Au
- Location: Sioux Falls, SD
- Lender: The First National Bank in Sioux Falls
- 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:
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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 Virg's Welding & Repair.