SBA Loans in Desmet, SD

Explore recent SBA 7(a) and 504 lending activity in Desmet. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans

all programs

Approved $

$3.5M

last 24 months

Avg loan

$270K

median $245K

Active lenders

approved here

Jobs supported

cumulative

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DESMET · 13 LOANS

Top lenders in Desmet

Ally Dakota Development, Inc.

American Bank and Trust

First Bank & Trust

Wells Fargo Bank National Association

Dakota Business Finance

South Dakota Development Corporation

Top industries in Desmet

Hotels (except Casino Hotels) and Motels

Metal Window and Door Manufacturing

Other Building Material Dealers

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing

Dairy Cattle and Milk Production

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Loan records · Desmet, SD

13 records

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Borrower

Location

Program

Industry

ANDERSON LUMBER LLC First Bank & Trust

Desmet, SD

57231

$866,000

$433K

7(a)

Other Building Material Dealers

2023-09-27

SUNSET ADVENTURES, INC.Ally Dakota Development, Inc.

Desmet, SD

57231

$464,000

$33K

504

Hotels (except Casino Hotels) and Motels

2002-06-04

DeSCo Architectural, Inc.Ally Dakota Development, Inc.

Desmet, SD

57231

$419,000

$84K

504

Metal Window and Door Manufacturing

2012-06-06

GEOFURNACE MANUFACTURING, INC.American Bank and Trust

Desmet, SD

57231

$350,000

$350K

7(a)

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing

2009-08-03

LEGEND SEEDS, INC.American Bank and Trust

Desmet, SD

57231

$300,000

–

7(a)

–

1997-02-10

Dutch Dakota Dairy, LLC Dakota Business Finance

Desmet, SD

57231

$282,000

$28K

504

Dairy Cattle and Milk Production

2026-02-18

HILDE-JOHN, INC.American Bank and Trust

Desmet, SD

57231

$235,000

–

7(a)

–

1996-05-17

DESMET VETERINARY SERVICE Wells Fargo Bank National Association

Desmet, SD

57231

$200,000

–

7(a)

Veterinary Services

1995-05-16

LEGEND SEEDS, INC.Ally Dakota Development, Inc.

Desmet, SD

57231

$123,000

$5K

504

Grain and Field Bean Wholesalers

2001-06-19

ANDERSON LUMBER LLC First Bank & Trust

Desmet, SD

57231

$100,000

$50K

7(a)

Other Building Material Dealers

2023-09-27

COTTAGE INN MOTEL Ally Dakota Development, Inc.

Desmet, SD

57231

$96,000

$32K

504

Hotels (except Casino Hotels) and Motels

2001-08-15

CMI ARCHITECTURAL PRODUCTS, IN South Dakota Development Corporation

Desmet, SD

57231

$52,000

$2K

504

Metal Window and Door Manufacturing

1993-05-13

HARTY, EMMETT W. & VICKIE M.Wells Fargo Bank National Association

Desmet, SD

57231

$20,000

–

7(a)

–

1995-04-03

First Bank & Trust$433K/job · 2023-09-27

SUNSET ADVENTURES, INC.

Desmet, SD · 57231

$464,000

504

Ally Dakota Development, Inc.$33K/job · 2002-06-04

DeSCo Architectural, Inc.

Desmet, SD · 57231

$419,000

504

Ally Dakota Development, Inc.$84K/job · 2012-06-06

GEOFURNACE MANUFACTURING, INC.

Desmet, SD · 57231

$350,000

7(a)

American Bank and Trust$350K/job · 2009-08-03

American Bank and Trust1997-02-10

Dutch Dakota Dairy, LLC

Desmet, SD · 57231

$282,000

504

Dakota Business Finance$28K/job · 2026-02-18

American Bank and Trust1996-05-17

DESMET VETERINARY SERVICE

Desmet, SD · 57231

$200,000

7(a)

Wells Fargo Bank National Association1995-05-16

Ally Dakota Development, Inc.$5K/job · 2001-06-19

First Bank & Trust$50K/job · 2023-09-27

Ally Dakota Development, Inc.$32K/job · 2001-08-15

CMI ARCHITECTURAL PRODUCTS, IN

Desmet, SD · 57231

$52,000

504

South Dakota Development Corporation$2K/job · 1993-05-13

HARTY, EMMETT W. & VICKIE M.

Desmet, SD · 57231

$20,000

7(a)

Wells Fargo Bank National Association1995-04-03

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