SBA 504 Interest Rates | March 2026 | 10 Yr:  5.620%, 20 Yr: 5.787%, 25 Yr: 5.725% *rates may vary Learn More »

News

From company updates to important industry announcements, stay up to date on the latest Dakota Business Lending news.

January 14, 2026

Dakota Business Lending Welcomes Josh Klug

Dakota Business Lending (DBL) is pleased to welcome Josh Klug to their team as a Business Development and Commercial Loan Officer, working to develop and foster relationships with lenders, small businesses, economic development professionals, and other partners. Based out of DBL’s headquarter office in Fargo, he will be serving Fargo, Moorhead, West Fargo and surrounding […]

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January 12, 2026

Fargo Moorhead Community Theater to Rebuild Theater with Support from New Markets Tax Credit Program

Dakota Business Lending (DBL) recently closed an allocation of $7,500,000 in New Markets Tax Credits (NMTC) to support the rebuilding of Fargo Moorhead Community Theater (FMCT)’s theater in downtown Fargo.   For 79 years, FMCT has been providing access to performing arts education and theatrical experiences to the region. They have been operating out of […]

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December 29, 2025

Dakota Business Lending Receives a Fourth New Markets Tax Credits Award for $70 Million

Dakota Business Lending (DBL) has been selected by the U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund to receive a $70 million New Markets Tax Credit (NMTC) award. This is their fourth NMTC allocation, following two $30M awards received in 2021 and 2022, and a $50M award received in 2024. They remain the first […]

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November 18, 2025

Dakota Business Lending Welcomes Carter Johnson

Dakota Business Lending is excited to announce the addition of Carter Johnson as a Loan Specialist, assisting in the preparation, processing, and servicing of SBA 504 loans. In this role, Johnson will provide administrative and technical support to the lending team, ensuring accuracy, efficiency, and strong communication throughout the loan process. He will also play a key role in maintaining compliance, managing […]

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November 13, 2025

Dakota Business Lending Welcomes Shandi Puhr

Dakota Business Lending is pleased to welcome Shandi Puhr as a Loan Specialist. In this role, Puhr will support the organization’s lending team, with a primary focus on the Direct Business Loan Program, through the preparation, processing, and servicing of business loans. She will help ensure a seamless experience for borrowers and lending partners by […]

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October 2, 2025

We are OPEN! Dakota Business Lending's Commitment During the Government Shutdown

With the current government shutdown, we want to assure you that we are open and working hard to continue to provide you with the financing resources you need during this time. While we work in connection with the Small Business Administration (SBA) which is closed until the federal budget is approved, we are an independent […]

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September 9, 2025

Dakota Business Lending Welcomes Angelica Alexandrou

Dakota Business Lending is pleased to welcome Angelica Alexandrou to their team as a Loan Assistant. In this position, Alexandrou will provide administrative support to the Dakota Business Lending team, focusing on loan processing, closing, and servicing functions. She will play an important role in preparing loan documents, coordinating with borrowers and banking partners, managing […]

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July 25, 2025

Dakota Business Lending Expands Footprint into South Dakota

Dakota Business Lending (DBL), a leading provider of small business financing, is proud to announce their expansion into South Dakota. As a long-standing Certified Development Corporation (CDC) and Community Development Financial Institution (CDFI), DBL specializes in long-term, fixed-rate financing for commercial real estate and equipment through the SBA 504 program, along with their flexible Direct […]

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April 16, 2025

Dakota Business Lending Welcomes Sarah Hauser

Dakota Business Lending is pleased to welcome Sarah Hauser to their team as a Loan Closing and Servicing Specialist. In this position, Hauser will support the closing and servicing of loans in accordance with SBA guidelines. Her responsibilities will include preparing loan documents, coordinating with borrowers and partners, managing loan files, and helping ensure a […]

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February 11, 2025

Dakota Business Lending Welcomes Chantell Ramberg

Dakota Business Lending is excited to announce the addition of Chantell Ramberg as Executive Assistant, a new role created to support the organization’s growth and its mission to help small businesses thrive. Ramberg will play a pivotal role in assisting the senior leadership team by managing administrative tasks, coordinating complex schedules, and providing high-level operational […]

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