Skip to main content

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

Is Digital Anchors, LLC 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.

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
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
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
Address
1716 S. Minnesota Ave
City
Sioux Falls, 57105
County
Minnehaha
SBA district office
SOUTH DAKOTA DISTRICT OFFICE
Congressional district
0

The lenders

Find SBA lenders for businesses like this

The banks most active funding limited-service restaurants — by location, industry.

Similar businesses

Comparable limited-service restaurants 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 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.
  • 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.

Is Digital Anchors, LLC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

Claim this listing

Researching a business like this one?

The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

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.

Scroll