Novakara Hospitality LLC, Ft. Pierre SD: $3,397,000 SBA 504 loan approved 2026-02-04

Novakara Hospitality LLC (Ft. Pierre, South Dakota): $3,397,000 SBA 504 loan approved 2026-02-04. Its loan of $3,397,000 is top-decile (94th percentile of 32,327 records). Dated 276 days ago, it serves as a historical benchmark. Score 55/100. As of 2026-11-04, from U.S. Small Business Administration 7(a) and 504 FOIA loan data.

Data as of · Compiled by Zalwin from U.S. Small Business Administration 7(a) and 504 FOIA loan data

loan: $3,397,000 · 94th percentile of 32,327 SbaLoanPulse records · 7.6x the median

Free preview: all 15 published fields of this record are shown below. Locked: 118 related SD SbaLoanPulse records and the 6-column CSV export.

FieldValue
BusinessNovakara Hospitality LLC
LocationFt. Pierre, SD, 57532
CountySTANLEY
ProgramSBA 504
Gross approval$3,397,000
Approved2026-02-04
LenderAlly Dakota Development, Inc.
Third-party lenderBankWest, Inc
Term (months)300
IndustryHotels (except Casino Hotels) and Motels
NAICS721110
FranchiseCandlewood Suites
Business typeCORPORATION
Business ageExisting or more than 2 years old
Jobs supported11
loan percentile94th of 32,327 (median $447,000, 7.6x median)
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CSV columns: Business · City · State · Industry · Loan · Approved · official source URL

  • Source agency: U.S. Small Business Administration 7(a) and 504 FOIA loan data
  • Record date: 2026-02-04
  • Data refreshed: 2026-11-04
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LIVE PUBLIC DATA Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data · Last refreshed: Wed, 04 Nov 2026 01:29:00 GMT

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Peer benchmark and outreach value: Novakara Hospitality LLC and 119 South Dakota peers

  • South Dakota SbaLoanPulse records like this one: 119
  • Novakara Hospitality LLC's loan: 94th percentile of 32,327 records
  • Timing: Low: older than 30 days
  • Estimated pipeline if you contact every South Dakota peer: $23,800 (peers × rate × deal size; an estimate from your assumptions, not a forecast)

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55 / 100 Fresh Capital Score

  • Approval of $2M or more: major new capital.
  • Franchise (Candlewood Suites).

What is the SbaLoanPulse record for Novakara Hospitality LLC in Ft. Pierre, South Dakota?

Novakara Hospitality LLC (Ft. Pierre, SD) was approved for a $3,397,000 SBA 504 loan on 2026-02-04.

How does Novakara Hospitality LLC compare to other South Dakota SbaLoanPulse records?

This is a top-decile record: its loan of $3,397,000 is 7.6x the median of $447,000 across 32,327 records. It is 276 days old; check the official source for later updates before acting.

Novakara Hospitality LLC vs. top 3 peers

OrganizationLocationApproved loansPercentileRecord date
Novakara Hospitality LLCFt. Pierre, SD$3,397,00094th2026-02-04
RK Hospitality LLCSioux Falls, SD$3,104,00093rd2026-08-12
KHAN VP SIOUX FALLS, LLCSIOUX FALLS, SD$1,870,00086th2026-03-05
LA ENTERPRISE INCVOLGA, SD$1,822,50085th2026-01-29

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✓ Read-only, live public data · Key and unlock right after payment · Card, Apple Pay, Google Pay or Link via Stripe · Refunds on request within 14 days

Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.

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