SHANE PIERSON · SBA DATA
SBA Lending by State · South Dakota

SBA Lending in South Dakota

South Dakota is a mid-sized SBA market concentrated in food and lodging, growing +2%.

7,751
Total SBA loans
$2.3B
Approved dollars
6.0
Loans per 1,000 businesses / yr
+2%
Growth, 2010s to 2020s
4.2%
Active-status distress
#47
Rank, national volume
#25
Rank, loans per business

Every SBA 7(a) and 504 approval recorded for South Dakota since 1991 sits in the public federal file. South Dakota accounts for 7,751 of them, worth $2.3B, split 5,976 under 7(a) and 1,775 under 504. Roughly 13% of 7(a) approvals went to startups and new businesses.

Top industries funded in South Dakota

  • Other1,229 loans · $185M
  • Retail951 loans · $213M
  • Food & Lodging580 loans · $181M
  • Personal Services553 loans · $96M
  • Construction541 loans · $99M
  • Manufacturing428 loans · $132M

Program mix

5,976
7(a) loans
1,775
504 loans
13%
To startups & new businesses
87%
To existing businesses

SBA lending by city in South Dakota

See South Dakota on the interactive map

Drill South Dakota to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

Explore South Dakota on the map ↗

Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, active-status distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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