by kaitlyn | Aug 22, 2023 | News
Dakota Business Lending (DBL) is proud to announce Emily Schroeder as their Community Lending Director. In this position, Schroeder will work to further DBL’s mission by providing innovative financing solutions and business advisory services to underserved small...
by kaitlyn | Jun 5, 2023 | News
Since 2004, Dakota Business Lending has been offering the SBA 504 loan program to small businesses located in five counties in western Minnesota – Otter Tail, Polk, Becker, Clay, and Wilkin. In 2022, they expanded all their special loan programs to be available across...
by kaitlyn | May 3, 2023 | News
Dakota Business Lending is pleased to welcome Matt Marshall to their Board of Directors. Marshall has worked in the economic and community development industry for over ten years, and currently serves as the Economic Development Administrator for Minnkota Power. He...
by kaitlyn | Apr 26, 2023 | News
The U.S. Small Business Administration (SBA) has released several regulation amendments for their 504 loan program, two of which include regulations on affiliation standards. These changes will simplify the application process and help more businesses become eligible...
by kaitlyn | Jan 20, 2023 | News
Dakota Business Lending is pleased to welcome Jo Ann Back 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...
by kaitlyn | Jan 12, 2023 | News
Dakota Business Lending recently closed an allocation of $7,100,000 in New Markets Tax Credits (NMTC) to support DakotaMB, formerly known as Dakota Specialty Milling, and the expansion of their manufacturing facility in Fargo. DakotaMB is a family-owned...