Can't load sftp21.dll module with CuteFTP Professional

I was having a heck of a time getting Globalscape CuteFTP Professional 8.3 working for SFTP (FTP over SSH) sites. Since the server on which I was installing the software didn't need any of the "Productivity Tools" listed in the installer, I de-selected that hive.

After installation everything appeared to be working however when I tried to connect to an SFTP site I was greeted with the following error:

*** CuteFTP 8.3 - build Oct 22 2008 ***

STATUS:> [10/28/2012 6:32:47 PM] Initializing SFTP21 module...

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