SBA lending record

Destination Motors LLC

1511 MOUNT RUSHMORE RD, Rapid City, SD 57701 · Used Car Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$60K

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

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

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The loan

$59,900 — FY2022

Gross approval: $59,900
SBA guaranteed: $29,950 (50%)
Status: Paid in full
Rate at approval: 6.25% f
Term: 72 mo (6 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/6/2022
First disbursement: 6/19/2022
Days to fund: 13 days
Paid in full: 8/31/2023
Collateral: Required
Jobs supported: 3
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Used Car Dealers
NAICS code: 441120
Lender: Black Hills FCU
Address: 1511 MOUNT RUSHMORE RD
City: Rapid City, 57701
County: Pennington
SBA district office: SOUTH DAKOTA DISTRICT OFFICE
Congressional district: 0

The lender

Black Hills FCU

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding used car dealers — by location, industry.

SBA lenders in South Dakota Lenders for used car dealers Used Car Dealers lenders in South Dakota

Similar businesses

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

BLISS AUTO LLC

St Francis, MN· ~492 mi

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$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

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Joe's Legacy Auto LLC

Endicott, NY· ~1373 mi

Used Car Dealers

$60K
SBA financing: ≈ $118K–$196K
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JM4, LLC

Webster, NY· ~1286 mi

Used Car Dealers

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

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Northern State Auto, Inc.

Elmira, NY· ~1335 mi

Used Car Dealers

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

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DETROIT CAR CENTER, INC

Detroit, MI· ~1016 mi

Used Car Dealers

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

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Motorcity Autos, LLC

Howell, MI· ~974 mi

Used Car Dealers

$75K
SBA financing: ≈ $147K–$245K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Destination Motors LLC in Rapid City, SD (Used Car Dealers). 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 $60K
On record FY2022
3 jobs supported
Industry: Used Car Dealers
Location: Rapid City, SD
Lender: Black Hills FCU

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Used Car Dealers businesses in SD for ~$60k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/destination-motors-llc-sd
API:: https://www.capbench.com/api/public/businesses/destination-motors-llc-sd
Methodology:: Sources & methodology

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 Destination Motors LLC.