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BankStar Financial, SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Bankstar Financial.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$4.6M

across all programs

Avg loan size

$228K

median $107K

Top industry

Hardware Stores

4 loans · 20%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$4.6M

Avg size

$228K

Range

$26K – $689K

SBA 504

Loans

Approved

Avg size

Range

–

Top industries funded

See all industries

Hardware Stores

Beauty Salons

"All Other Professional, Scientific, and Technical Services"

"Soil Preparation, Planting, and Cultivating"

Broadwoven Fabric Finishing Mills

Drywall and Insulation Contractors

Loan records · BankStar Financial

20 records

Sort:

Borrower

Location

Program

Industry

Brookings Powersports, LLC BankStar Financial

Brookings, SD

57006

$689,000

$115K

7(a)

Motorcycle, ATV, and All Other Motor Vehicle Dealers

2017-10-11

PRAIRIE GRAPHICS, INC BankStar Financial

Brookings, SD

57006

$680,000

$76K

7(a)

Broadwoven Fabric Finishing Mills

2008-02-07

KJN Investments LLC BankStar Financial

Brookings, SD

57006

$564,200

$18K

7(a)

Limited-Service Restaurants

2026-01-02

Koistinen Custom Farms, LLC BankStar Financial

Lake Norden, SD

57248

$540,000

$180K

7(a)

"Soil Preparation, Planting, and Cultivating"

2021-05-14

Distinct Builders, Inc BankStar Financial

Brookings, SD

57006

$345,000

$69K

7(a)

Travel Trailer and Camper Manufacturing

2012-09-26

COAST TO SHEPARDSON HARDWARE BankStar Financial

Martin, SD

57551

$335,000

$335K

7(a)

Hardware Stores

1999-09-09

Blu Salon & Spa Watertown, LLC BankStar Financial

Watertown, SD

57201

$258,000

$20K

7(a)

Beauty Salons

2021-07-30

GREEN ENERGY SOLUTIONS, INC.BankStar Financial

Elkton, SD

57026

$225,000

$45K

7(a)

"All Other Professional, Scientific, and Technical Services"

2010-10-20

SHEPARDSON HARDWARE, INC.BankStar Financial

Brookings, SD

57006

$150,000

–

7(a)

Hardware Stores

2005-06-09

James and Lynelle Hagedorn BankStar Financial

Brookings, SD

57006

$113,000

$57K

7(a)

General Automotive Repair

2012-08-31

BRIAN & CHERYL GRANUM BankStar Financial

Volga, SD

57071

$101,000

–

7(a)

Hardware Stores

2000-01-18

MCKILLIP CHIROPRACTIC PC BankStar Financial

Sioux Falls, SD

57108

$91,500

$23K

7(a)

Offices of Chiropractors

2008-07-08

KNOTTY PINE SUPPER CLUB BankStar Financial

Elkton, SD

57026

$89,000

–

7(a)

–

1997-03-10

Hideaway Cafe & Coffee House LLC BankStar Financial

Lake Benton, MN

56149

$81,000

$16K

7(a)

Full-Service Restaurants

2023-03-09

Nicole Binker BankStar Financial

Brookings, SD

57006

$75,000

$38K

7(a)

Beauty Salons

2011-01-05

J H INSULATION, LLC BankStar Financial

Brookings, SD

57006

$62,000

$31K

7(a)

Drywall and Insulation Contractors

2010-05-26

VALLEY RESTAURANT BankStar Financial

Volga, SD

57071

$50,000

–

7(a)

–

1996-05-09

BRIAN & CHERYL GRANUM BankStar Financial

Volga, SD

57071

$49,000

–

7(a)

Hardware Stores

2000-01-18

EPIC Nutrition, LLC BankStar Financial

Brookings, SD

57006

$40,000

$13K

7(a)

Food (Health) Supplement Stores

2011-11-04

Polly Enterprises LLC BankStar Financial

Brookings, SD

57006

$25,500

$6K

7(a)

Other Personal Care Services

2019-03-15

Brookings Powersports, LLC

Brookings, SD · 57006

$689,000

7(a)

BankStar Financial$115K/job · 2017-10-11

PRAIRIE GRAPHICS, INC

Brookings, SD · 57006

$680,000

7(a)

BankStar Financial$76K/job · 2008-02-07

KJN Investments LLC

Brookings, SD · 57006

$564,200

7(a)

BankStar Financial$18K/job · 2026-01-02

Koistinen Custom Farms, LLC

Lake Norden, SD · 57248

$540,000

7(a)

BankStar Financial$180K/job · 2021-05-14

Distinct Builders, Inc

Brookings, SD · 57006

$345,000

7(a)

BankStar Financial$69K/job · 2012-09-26

COAST TO SHEPARDSON HARDWARE

Martin, SD · 57551

$335,000

7(a)

BankStar Financial$335K/job · 1999-09-09

Blu Salon & Spa Watertown, LLC

Watertown, SD · 57201

$258,000

7(a)

BankStar Financial$20K/job · 2021-07-30

GREEN ENERGY SOLUTIONS, INC.

Elkton, SD · 57026

$225,000

7(a)

BankStar Financial$45K/job · 2010-10-20

SHEPARDSON HARDWARE, INC.

Brookings, SD · 57006

$150,000

7(a)

BankStar Financial2005-06-09

James and Lynelle Hagedorn

Brookings, SD · 57006

$113,000

7(a)

BankStar Financial$57K/job · 2012-08-31

BRIAN & CHERYL GRANUM

Volga, SD · 57071

$101,000

7(a)

BankStar Financial2000-01-18

MCKILLIP CHIROPRACTIC PC

Sioux Falls, SD · 57108

$91,500

7(a)

BankStar Financial$23K/job · 2008-07-08

KNOTTY PINE SUPPER CLUB

Elkton, SD · 57026

$89,000

7(a)

BankStar Financial1997-03-10

Hideaway Cafe & Coffee House LLC

Lake Benton, MN · 56149

$81,000

7(a)

BankStar Financial$16K/job · 2023-03-09

Nicole Binker

Brookings, SD · 57006

$75,000

7(a)

BankStar Financial$38K/job · 2011-01-05

J H INSULATION, LLC

Brookings, SD · 57006

$62,000

7(a)

BankStar Financial$31K/job · 2010-05-26

BankStar Financial1996-05-09

BRIAN & CHERYL GRANUM

Volga, SD · 57071

$49,000

7(a)

BankStar Financial2000-01-18

EPIC Nutrition, LLC

Brookings, SD · 57006

$40,000

7(a)

BankStar Financial$13K/job · 2011-11-04

Polly Enterprises LLC

Brookings, SD · 57006

$25,500

7(a)

BankStar Financial$6K/job · 2019-03-15

1–20 of 20

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