SBA lending record

Schmidts Daylight Donuts LLC

1302 E Saint Patrick St, Rapid City, SD 57701 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$253K

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

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

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The loan

$253,300 — FY2023

Gross approval: $253,300
SBA guaranteed: $189,975 (75%)
Status: Current
Rate at approval: 8% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 9/12/2023
First disbursement: 9/21/2023
Days to fund: 9 days
Collateral: Required
Jobs supported: 17
Business type: Corporation
Business age: Change of Ownership
Industry: Limited-Service Restaurants
NAICS code: 722513
Lender: First Interstate Bank
Address: 1302 E Saint Patrick St
City: Rapid City, 57701
County: Pennington
SBA district office: SOUTH DAKOTA DISTRICT OFFICE
Congressional district: 0

The lender

First Interstate Bank

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 limited-service restaurants — by location, industry.

SBA lenders in South Dakota Lenders for limited-service restaurants Limited-Service Restaurants lenders in South Dakota

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.

Bashful Bison LLC

Rapid City, SD· ~2 mi

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$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

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Gyro Hub 2, LLC

Rapid City, SD· ~4 mi

Limited-Service Restaurants

$573K
SBA financing: ≈ $1.1M–$1.9M
Est. revenue (rough)

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JIREH ENTERPRISE LLC

Rapid City, SD· ~2 mi

Subway

$1.0M
SBA financing: ≈ $2.0M–$3.3M
Est. revenue (rough)

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NEIGHBOR'S GRUB-n-PUB, LLC

Summerset, SD· ~11 mi

Limited-Service Restaurants

$96K
SBA financing: ≈ $188K–$314K
Est. revenue (rough)

View record

Calamity Jane Coffee Shop and Grill, LLC

Custer, SD· ~33 mi

Limited-Service Restaurants

$310K
SBA financing: ≈ $608K–$1.0M
Est. revenue (rough)

View record

Rodeo Grounds LLC

Hot Springs, SD· ~47 mi

Limited-Service Restaurants

$180K
SBA financing: ≈ $353K–$588K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Schmidts Daylight Donuts LLC in Rapid City, 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.

1 SBA 7(a) loan totaling $253K
On record FY2023
17 jobs supported
Industry: Limited-Service Restaurants
Location: Rapid City, SD
Lender: First Interstate 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 ~$253k 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/schmidts-daylight-donuts-llc-sd
API:: https://www.capbench.com/api/public/businesses/schmidts-daylight-donuts-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 Schmidts Daylight Donuts LLC.