In 2019, Marta Artz knew the Deadwood-Lead area was in need of a doggy daycare and boarding facility. Her dream was to make that a reality. After getting turned down from bank after bank trying to chase this dream, she wasn’t sure if it would ever come true. Finally, after talking to other business owners […]

HomeSource Furniture & Floors in Spearfish, SD is a family-owned business with a 50+ year history in Spearfish. The current owners, Tim and Mary Beth Baldwin, have owned and operated it for the past 8 years. The first five years of their ownership were in a different location, and sales were stagnant. After moving to […]

With the support of First Bank & Trust in Brookings, South Dakota, and Ally Dakota Development via the SBA 504 loan program, David Jacobson was able to convert from being a tenant to owner of the building he’s been operating his small businesses out of over the past five years. The trust Chad Broksieck with […]

Mark Lavin purchased an existing building in Sioux Falls where he is expanding his dental practice of periodontics. Participating in financing Dr. Lavin’s expansion were First Premier Bank of Sioux Falls and Ally Dakota Development with the SBA 504 loan program. Dr. Lavin graduated from the University of Nebraska Medical Center— College of Dentistry specializing […]

Sioux River Ag LLC, located at the Dell Rapids exit of I-29, obtained two SBA 504 loans for their newly constructed building and equipment. Scott Buss and Waylin Buss, owners of Sioux River Ag LLC, were able to take advantage of financing offered through the partnership of SBA 504 loans, provided by Ally Dakota, and […]

TownePlace Suites is a newly constructed 56-room extended-stay hotel in Aberdeen, South Dakota. The hotel is a result of several partnerships, from the partnership of the ownership group, to the lenders involved. Great Western Bank in Aberdeen and Ally Dakota, through the SBA 504 loan program, joined forces to be able to offer the owners […]