J&S Concrete Construction, Inc.
J&S Concrete Construction, Inc. is a poured concrete foundation and structure contractor located in Sioux Falls, South Dakota. The company was financed with an SBA 7(a) loan for a change of ownership, approved on May 13, 2025, with The First National Bank in Sioux Falls as the lender and a loan amount of $2,078,500.
SBA 7(a) loan, change of ownership, approved May 13, 2025
$2,078,500 approvedLender: The First National Bank in Sioux Falls10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,078,500
- SBA-guaranteed amount
- $1,558,875 (75% of the approval)
- Lender
- The First National Bank in Sioux Falls, Sioux Falls, SD
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.39%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- May 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $24,553 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 2, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 238110, Poured Concrete Foundation and Structure Contractors
- Project location
- Minnehaha County, SD
- SBA district office
- South Dakota District Office
- Congressional district
- SD-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 70% of acquisition loans in Poured Concrete Foundation and Structure Contractors on this site.
- Average acquisition loan in Poured Concrete Foundation and Structure Contractors: $1,469,074.
- Average acquisition loan in South Dakota: $1,631,547.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in South Dakota
- Bow Wow Concrete LLC, Mitchell