SBA 504 Interest Rates | May 2024 | 10 Yr:  6.908%, 20 Yr: 6.656%, 25 Yr: 6.555% *rates may vary Learn More »

Looking Back at 2021

Dec 20, 2021

The new year is upon us, and we’re spending the last few weeks looking back at all that has happened.

2021 was a record-setting year at Dakota Business Lending filled with exciting new things and significant impact. Check out what we’ve been up to for the past 12 months.

Loan Volume

This year, Dakota Business Lending experienced a record high loan volume, helping more small businesses than ever before. 

Geographic Reach

And the impact is spread far and wide! Dakota Business Lending closed a record number of loans in Montana in 2021 and had the highest loan approval dollar amount of all CDCs serving Montana.

Jobs Created

Creating jobs is part of our mission, and this year, we continued to do just that.

Demographics

For the woman or veteran who wants to share their passion with the world….
For the entrepreneur wanting to fill a gap in their rural community…
For the brave individual wanting to turn their dream into a reality…
THIS is why we do what we do!

Industries Served

Dakota Business Lending can provide financing solutions to small business across a multitude of industries. Here are the top 5 served in 2021.

Resources and Community Engagement

Our impact extends far beyond financing. We are here to help small business owners on their journey…the WHOLE journey. Here’s how.

Learn more about ACTIVATE Women and check out our GrowHub filled with resources available just for YOU!

Awards and Recognitions

Perhaps one of the most exciting parts of 2021 was being the $30M New Markets Tax Credits allocation. This program will help us encourage and jumpstart investment in low-incomes census tracts to create jobs, bring new opportunities to qualifying areas, and fill a financing gap for transformative projects.

We look forward to another great year serving YOU in 2022!