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SBA lending record

GRANITE DEVELOPMENT LLC

5410 N Granite Lane, Sioux Falls, SD 57107 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$275K

Total SBA financing

2

Loans on record

FY2020

On record

54

Jobs supported

Franchise brand

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice

See Quality Inn by Choice Hotels /Quality Inn & Suites by Choice's SBA financing data — typical deal, failure rate, and how its loans perform →

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

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All 2 loans

$150,000 — FY2020

Loan 1 of 2
Gross approval
$150,000
SBA guaranteed
$75,000 (50%)
Status
Paid in full
Rate at approval
5% v
Term
120 mo (10 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
9/30/2020
First disbursement
11/30/2020
Days to fund
61 days
Paid in full
12/31/2022
Collateral
Required
Jobs supported
27
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Hotels (except Casino Hotels) and Motels
NAICS code
721110
Franchise
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
Franchise code
S1373
Address
5410 N Granite Lane
City
Sioux Falls, 57107
County
Minnehaha
SBA district office
SOUTH DAKOTA DISTRICT OFFICE
Congressional district
0

$125,000 — FY2020

Loan 2 of 2
Gross approval
$125,000
SBA guaranteed
$62,500 (50%)
Status
Paid in full
Rate at approval
5% f
Term
120 mo (10 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
9/30/2020
First disbursement
11/10/2020
Days to fund
41 days
Paid in full
5/31/2024
Collateral
Required
Jobs supported
27
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Hotels (except Casino Hotels) and Motels
NAICS code
721110
Franchise
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
Franchise code
S1373
Address
5410 N GRANITE LN
City
Sioux Falls, 57107
County
Minnehaha
SBA district office
SOUTH DAKOTA DISTRICT OFFICE
Congressional district
0

The lender

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The banks most active funding hotels (except casino hotels) and motels — by location, industry, and brand.

Other Quality Inn by Choice Hotels /Quality Inn & Suites by Choice locations

Other Quality Inn by Choice Hotels /Quality Inn & Suites by Choice businesses in the public SBA record — closest first, by location and deal size.

Similar businesses

Comparable hotels (except casino hotels) and motels 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 GRANITE DEVELOPMENT LLC in Sioux Falls, SD (Hotels (except Casino Hotels) and Motels). 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.

  • 2 SBA 7(a) loans totaling $275K
  • On record FY2020
  • 54 jobs supported
  • Industry: Hotels (except Casino Hotels) and Motels
  • Location: Sioux Falls, SD
  • Lender: First Savings Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in SD for ~$138k 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 GRANITE DEVELOPMENT LLC.

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