SBA lending record
Kolt Lee Ruesink
794 N LAKE DR, Watertown, SD 57201 · Beef Cattle Ranching and Farming. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$75K
Total SBA financing
1
Loan on record
FY2021
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Kolt Lee Ruesink 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
$75,000 — FY2021
- Gross approval
- $75,000
- SBA guaranteed
- $67,500 (90%)
- Status
- Current
- Rate at approval
- 4.75% v
- Term
- 95 mo (8 yr)
- Program
- Seasonal Line of Credit (CAPLine)
- Subprogram
- Seasonal Line of Credit
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/15/2021
- First disbursement
- 6/17/2021
- Days to fund
- 2 days
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Individual
- Business age
- Existing or more than 2 years old
- Industry
- Beef Cattle Ranching and Farming
- NAICS code
- 112111
- Lender
- Red River State Bank
- Address
- 794 N LAKE DR
- City
- Watertown, 57201
- County
- Codington
- SBA district office
- SOUTH DAKOTA DISTRICT OFFICE
- Congressional district
- 0
The lender
Find SBA lenders for businesses like this
The banks most active funding beef cattle ranching and farming — by location, industry.
Similar businesses
Comparable beef cattle ranching and farming in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Kevin Dale Konold
Clear Lake, SD· ~29 mi
Beef Cattle Ranching and Farming
- $80K
- SBA financing
- ≈ $157K–$261K
- Est. revenue (rough)
PANKA FARMS
Canby, MN· ~53 mi
Beef Cattle Ranching and Farming
- $250K
- SBA financing
- ≈ $490K–$817K
- Est. revenue (rough)
Bar O Livestock
Truman, MN· ~153 mi
Beef Cattle Ranching and Farming
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Carson Family Beef LLC
Hesperia, MI· ~564 mi
Beef Cattle Ranching and Farming
- $65K
- SBA financing
- ≈ $127K–$212K
- Est. revenue (rough)
Clinton Cattle Company LLC
Attica, NY· ~948 mi
Beef Cattle Ranching and Farming
- $65K
- SBA financing
- ≈ $127K–$212K
- Est. revenue (rough)
Andrew Craig
Preston, MN· ~267 mi
Beef Cattle Ranching and Farming
- $98K
- SBA financing
- ≈ $192K–$320K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Kolt Lee Ruesink in Watertown, SD (Beef Cattle Ranching and Farming). 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 $75K
- On record FY2021
- 1 jobs supported
- Industry: Beef Cattle Ranching and Farming
- Location: Watertown, SD
- Lender: Red River State Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Beef Cattle Ranching and Farming businesses in SD for ~$75k 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.
Is Kolt Lee Ruesink 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.
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 Kolt Lee Ruesink.