SBA Lending in Rapid City, South Dakota
Businesses in Rapid City, SD have drawn 914 SBA 7(a) loans worth $200M, and annual volume has grown 24% versus the prior decade.
- 914
- 7(a) loans
- $200M
- Approved dollars
- $218,566
- Average loan size
- #2
- Rank in South Dakota
- +24%
- Annualized vs prior decade
- 2.7%
- Active-loan distress
Rapid City is the #2 SBA 7(a) market in South Dakota and #221 in the country. Since 1991 lenders have approved 914 loans here worth $200M, averaging $218,566 each. Annual approval volume has grown 24% between FY2013-2019 and FY2020-2026. 2.7% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is limited-service restaurants.
What Rapid City borrows for
Who lends in Rapid City
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Open the interactive map ↗7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.