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Dacotah Bank

Listed
Bank for term loans and business lines of creditAberdeen, South DakotaBased in South Dakota; service area not yet provided
BBLL 000885Listed Nov 2026From public recordsLast checked Nov 1, 2026

About

Dacotah Bank offers term loans for inventory, equipment and commercial property, revolving business lines with annual renewal, and SBA 7(a), Express and 504 financing.

Bank. Lends to businesses from its own deposits.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

A second look at Dacotah Bank

Dacotah Bank offers term loans for inventory, equipment and commercial property, revolving business lines with annual renewal, and SBA 7(a), Express and 504 financing.

Dacotah Bank provides business credit directly as a bank; approval and documentation are determined by the bank.

Published by Levr, not by Dacotah Bank. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

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Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Business lending

Term uses
Term loans support inventory, business improvements, vehicles, machinery, equipment and commercial real estate.
Line structure
Business lines are revolving with 12-month terms and annual renewals.
Application and SBA
Requests business and personal tax returns, financial statements and cash-flow projections; offers 7(a), Express and 504 as an SBA Preferred Lender.

Provider sources: Business loans · Commercial banking

When it may fit

Our assessment of the published programs

  • Businesses able to document cash flow and financial history for bank or SBA-backed borrowing.

What to weigh carefully

  • An annual-renewal line is not a permanent commitment; confirm current renewal, security and guarantee terms.

Questions before you accept an offer

  1. What covenants, renewal criteria and security requirements apply to the revolving line?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Wells Fargo

Compare Wells Fargo for business lending in SD; confirm the project location, collateral requirements and proposed terms.

Citibank, National Association

Compare Citibank, National Association for business lending in SD; confirm the project location, collateral requirements and proposed terms.

The lender

Type
Bank
Legal name
Dacotah Bank
Founded
1955
Charter
Not yet provided Add it
Headquarters
Aberdeen, South Dakota
Service area
Based in South Dakota; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
SBA preferred lender, SBA 504
Also lends to consumers
Not yet provided Add it
LinkedIn
Not yet provided Add it

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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