SBA lending record
Digital Anchors, LLC
1716 S. Minnesota Ave, Sioux Falls, SD 57105 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$487K
Total SBA financing
3
Loans on record
FY2021–23
On record
173
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$150,000 — FY2023
Loan 1 of 3- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Cancelled
- Rate at approval
- 10.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/29/2022
- Collateral
- Required
- Jobs supported
- 69
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
- NAICS code
- 722511
- Lender
- BayFirst National Bank
- Address
- 5700 W WESTMINSTER DR
- City
- Sioux Falls, 57106
- County
- Minnehaha
- SBA district office
- SOUTH DAKOTA DISTRICT OFFICE
- Congressional district
- 0
$150,000 — FY2023
Loan 2 of 3- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11.25% v
- Term
- 105 mo (9 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/24/2023
- First disbursement
- 2/27/2023
- Days to fund
- 3 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 69
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
- NAICS code
- 722513
- Lender
- BayFirst National Bank
- Address
- 5700 W Westminster Dr
- City
- Sioux Falls, 57106
- County
- Minnehaha
- SBA district office
- SOUTH DAKOTA DISTRICT OFFICE
- Congressional district
- 0
$187,000 — FY2021
Loan 3 of 3- Gross approval
- $187,000
- SBA guaranteed
- $168,300 (90%)
- Status
- Paid in full
- Rate at approval
- 4.5% f
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 4/28/2021
- First disbursement
- 5/5/2021
- Days to fund
- 7 days
- Paid in full
- 5/31/2024
- Collateral
- Required
- Jobs supported
- 35
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
- NAICS code
- 722513
- Lender
- Dacotah Bank
- Address
- 1716 S. Minnesota Ave
- City
- Sioux Falls, 57105
- County
- Minnehaha
- SBA district office
- SOUTH DAKOTA DISTRICT OFFICE
- Congressional district
- 0
The lenders
BayFirst National Bank
2 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding limited-service restaurants — by location, industry.
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Agent summary
This page summarizes the public SBA 7(a) lending record for Digital Anchors, LLC in Sioux Falls, SD (Limited-Service Restaurants). 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.
- 3 SBA 7(a) loans totaling $487K
- On record FY2021–23
- 173 jobs supported
- Industry: Limited-Service Restaurants
- Location: Sioux Falls, SD
- Lenders: BayFirst National Bank, Dacotah Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in SD for ~$162k 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.
- 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 Digital Anchors, LLC.