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SBA lending record

Dakota, Inc.

833 GATEWAY DR NE, East Grand Forks, MN 56721 · Other Industrial Machinery Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$750K

Total SBA financing

1

Loan on record

FY2020

On record

7

Jobs supported

business — business location is the ZIP-area centroid from the public record

Is Dakota, Inc. your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

The loan

$750,000 — FY2020

Gross approval
$750,000
SBA guaranteed
$675,000 (90%)
Status
Paid in full
Rate at approval
6.75% v
Term
12 mo (1 yr)
Program
7a with EWCP
Subprogram
Revolving Line of Credit Expor
Loan type
Term loan
Purpose
Other / working capital
Approved
1/27/2020
First disbursement
4/30/2020
Days to fund
94 days
Paid in full
6/30/2020
Collateral
None
Jobs supported
7
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Other Industrial Machinery Manufacturing
NAICS code
333249
Address
833 GATEWAY DR NE
City
East Grand Forks, 56721
County
Polk
SBA district office
MINNESOTA DISTRICT OFFICE
Congressional district
7

The lender

Find SBA lenders for businesses like this

The banks most active funding other industrial machinery manufacturing — by location, industry.

Similar businesses

Comparable other industrial machinery manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for Dakota, Inc. in East Grand Forks, MN (Other Industrial Machinery Manufacturing). CapBench 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.

  • 1 SBA 7(a) loan totaling $750K
  • On record FY2020
  • 7 jobs supported
  • Industry: Other Industrial Machinery Manufacturing
  • Location: East Grand Forks, MN
  • Lender: U.S. Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Industrial Machinery Manufacturing businesses in MN for ~$750k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Dakota, Inc..

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