Lender intelligence
Financing a limited-service restaurants acquisition in South Dakota
The SBA 7(a) lenders funding the most limited-service restaurants acquisitions in South Dakota, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in limited-service restaurants · South Dakota
Ranked by funded limited-service restaurants acquisitions in South Dakota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.16 loans · $9M · Brookings, SDFull record →
- 2.26 loans · $26M · Billings, MTFull record →
- 3.9 loans · $10M · Warren, PAFull record →
- 4.1 loans · $1M · Yankton, SDFull record →
- 5.9 loans · $3M · Sioux Falls, SDFull record →
- 6.242 loans · $281M · Chicago, ILFull record →
- 7.1 loans · $0M · Aberdeen, SDFull record →
11+ funded Limited-Service Restaurants in South Dakota deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- LA ENTERPRISE INC in Volga, SD — $1.8M (2026) · purchase · First Bank & Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% fixed
- Term
- 168 mo (14 yrs)
- SBA guaranteed
- $1.4M (75%)
- Approved
- 1/29/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 52
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $2.0M
- Est. down payment (10%)
- $203K
- Est. cash at closing
- $279K
- Monthly payment
- $19,924
- Annual debt service
- $239K
- Cash flow needed (1.25×)
- $299K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Bank & Trust · Lender record →
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- LA ENTERPRISE INC in Vermillion, SD — $308K (2026) · purchase · First Bank & Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $231K (75%)
- Approved
- 1/29/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 52
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $342K
- Est. down payment (10%)
- $34K
- Est. cash at closing
- $46K
- Monthly payment
- $4,022
- Annual debt service
- $48K
- Cash flow needed (1.25×)
- $60K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Bank & Trust · Lender record →
Your business? Claim this record · Request removal
- Wisepace I Inc. in Aurora, SD — $978K (2025) · purchase · Northwest Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.875% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $733K (75%)
- Approval → funding
- 99 days
- Approved
- 3/25/2025
- First disbursed
- 7/2/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 32
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $109K
- Est. cash at closing
- $149K
- Monthly payment
- $12,317
- Annual debt service
- $148K
- Cash flow needed (1.25×)
- $185K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Northwest Bank · Lender record →
Your business? Claim this record · Request removal
- S&B Creamery, LLC in Sioux Falls, SD — $600K (2025) · purchase · First Dakota National Bank
- Program
- 7a General
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $450K (75%)
- Approval → funding
- 82 days
- Approved
- 8/22/2025
- First disbursed
- 11/12/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 39
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $667K
- Est. down payment (10%)
- $67K
- Est. cash at closing
- $89K
- Monthly payment
- $7,201
- Annual debt service
- $86K
- Cash flow needed (1.25×)
- $108K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Dakota National Bank · Lender record →
Your business? Claim this record · Request removal
- JIREH ENTERPRISE LLC in Rapid City, SD — $1.0M (2024) · purchase · First Bank & Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $750K (75%)
- Approval → funding
- 27 days
- Approved
- 11/9/2023
- First disbursed
- 12/6/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $111K
- Est. cash at closing
- $152K
- Monthly payment
- $12,399
- Annual debt service
- $149K
- Cash flow needed (1.25×)
- $186K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Bank & Trust · Lender record →
Your business? Claim this record · Request removal
- Sub Ventures, Inc in Sioux Falls, SD — $648K (2024) · purchase · The First National Bank in Sioux Falls
- Program
- 7a General
- Rate at approval
- 7.95% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $486K (75%)
- Approval → funding
- 191 days
- Approved
- 8/26/2024
- First disbursed
- 3/5/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 28
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $720K
- Est. down payment (10%)
- $72K
- Est. cash at closing
- $96K
- Monthly payment
- $7,845
- Annual debt service
- $94K
- Cash flow needed (1.25×)
- $118K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The First National Bank in Sioux Falls · Lender record →
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- POWERSFIELD SIOUX FALLS, INC. in Sioux Falls, SD — $3.1M (2023) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $910K (29%)
- Approval → funding
- 12 days
- Approved
- 9/23/2023
- First disbursed
- 10/5/2023
- Loan status
- Paid in full (4/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 84
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $3.5M
- Est. down payment (10%)
- $347K
- Est. cash at closing
- $479K
- Monthly payment
- $42,606
- Annual debt service
- $511K
- Cash flow needed (1.25×)
- $639K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- Schmidts Daylight Donuts LLC in Rapid City, SD — $253K (2023) · purchase · First Interstate Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $190K (75%)
- Approval → funding
- 9 days
- Approved
- 9/12/2023
- First disbursed
- 9/21/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 17
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $281K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $38K
- Monthly payment
- $3,073
- Annual debt service
- $37K
- Cash flow needed (1.25×)
- $46K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Interstate Bank · Lender record →
Your business? Claim this record · Request removal
- TDL, Inc. in Spearfish, SD — $774K (2022) · purchase · First Interstate Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $581K (75%)
- Approval → funding
- 4 days
- Approved
- 4/18/2022
- First disbursed
- 4/22/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 32
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $860K
- Est. down payment (10%)
- $86K
- Est. cash at closing
- $118K
- Monthly payment
- $8,499
- Annual debt service
- $102K
- Cash flow needed (1.25×)
- $127K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Interstate Bank · Lender record →
Your business? Claim this record · Request removal
- Digital Anchors, LLC in Sioux Falls, SD — $187K (2021) · purchase · Dacotah Bank
- Program
- 7a General
- Rate at approval
- 4.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $168K (90%)
- Approval → funding
- 7 days
- Approved
- 4/28/2021
- First disbursed
- 5/5/2021
- Loan status
- Paid in full (5/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 35
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $208K
- Est. down payment (10%)
- $21K
- Est. cash at closing
- $28K
- Monthly payment
- $1,938
- Annual debt service
- $23K
- Cash flow needed (1.25×)
- $29K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Dacotah Bank · Lender record →
Your business? Claim this record · Request removal
- Calamity Jane Coffee Shop and Grill, LLC in Custer, SD — $310K (2020) · purchase · Sundance State Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $155K (50%)
- Approval → funding
- 10 days
- Approved
- 1/21/2020
- First disbursed
- 1/31/2020
- Loan status
- Paid in full (5/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $344K
- Est. down payment (10%)
- $34K
- Est. cash at closing
- $46K
- Monthly payment
- $1,950
- Annual debt service
- $23K
- Cash flow needed (1.25×)
- $29K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Sundance State Bank
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to limited-service restaurants businesses with a South Dakota project address.
Agent summary
How to finance a limited-service restaurants acquisition in South Dakota with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded South Dakota deals. First Bank & Trust funds the most here. DealRoom is not a lender.
- $575K typical loan
- 8 lenders active in South Dakota
- 11+ funded South Dakota deals
- 12 days typical to fund
Buyers buying a limited-service restaurants in South Dakota typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.