Posts by Andrea Van Essen

Organization Focus: Dakota Business Finance

Business owners seeking long-term, low interest financing for hard costs such as land, buildings, or equipment can benefit from the Small Business Administration’s (SBA) 504 loan program.  The 504 program was designed to provide another lending avenue for small businesses that would promote growth and advancement. Because assets like land or equipment act as collateral…

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Zeal facility reopens, debuts new partnership with NAI

NAI Sioux Falls

Zeal has long provided a physical space for connection and collaboration within the startup community—a role that required some shifting after the onset of the COVID-19 pandemic in Sioux Falls. In order to serve the many tenants who rely on a physical workspace, the facility never closed down completely. However, restrictions and safety measures were…

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SBA launches second round of Paycheck Protection Program funding  

u.s. small business administration

When the Small Business Administration (SBA) launched the first round of Paycheck Protection Program (PPP) funding—made possible by CARES Act legislation—South Dakotans received 11,400 loans totaling $1.6 billion. Across the country, the $349 billion in PPP funding dried up in less than two weeks. As the second wave of funding became available on Monday, April 27, SBA District…

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Virtual New & Aspiring Entrepreneurs Meetup brings ‘wantrepreneurs’ together during uncertain times

After the success of the first virtual Startup Social, Zeal’s new community manager, Peter Hauck, posed the idea for a New & Aspiring Entrepreneurs Meetup—an event focused on the dreamers, fresh businesses, and ‘wantrepreneurs,’ as Hauck put it.  The event, which took place via Zoom on Tuesday afternoon, attracted over 30 participants to listen to…

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