SBA Lending in Sioux Falls, South Dakota
Businesses in Sioux Falls, SD have drawn 1,459 SBA 7(a) loans worth $317M, and annual volume has grown 17% versus the prior decade.
- 1,459
- 7(a) loans
- $317M
- Approved dollars
- $217,607
- Average loan size
- #1
- Rank in South Dakota
- +17%
- Annualized vs prior decade
- 5.6%
- Active-loan distress
Sioux Falls is the #1 SBA 7(a) market in South Dakota and #110 in the country. Since 1991 lenders have approved 1,459 loans here worth $317M, averaging $217,607 each. Annual approval volume has grown 17% between FY2013-2019 and FY2020-2026. 5.6% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is offices of chiropractors.
What Sioux Falls borrows for
Who lends in Sioux Falls
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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.