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Certified development company · Sioux Falls, SD

South Dakota Development: SBA lending profile

South Dakota Development Corporation · SBA 504 loans, October 2021 to June 30, 2026 · Updated October 15, 2026
89
SBA loans approved
$70.8M
Total approved
$666,000
Median loan
3
States lent in
18%
To startups
#390
National rank by loans

South Dakota Development approved 89 SBA loans worth $70.8M between October 2021 and June 2026, ranking #390 of 2,283 SBA lenders nationally by loan count. Its median loan was $666,000, and 18% went to startups or businesses under two years old. It lent in 3 states, most often in South Dakota, and its most financed industry was restaurants and hotels.

SBA loans per fiscal year

0102030FY14: 2 loansFY14FY15: 5 loansFY15FY16: 2 loansFY16FY17: 3 loansFY17FY18: 1 loansFY18FY19: 2 loansFY19FY20: 10 loansFY20FY21: 14 loansFY21FY22: 18 loansFY22FY23: 16 loansFY23FY24: 22 loansFY24FY25: 24 loansFY2524FY26 (Oct to Jun): 9 loansFY269
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where South Dakota Development lends

StateLoansApprovedMedian loanRank in state
South Dakota87$66.3M$661,000#3
Iowa1$1.4M$1,357,000#166
Nebraska1$3.2M$3,185,000#102

Industries South Dakota Development finances

IndustryLoansShareMedian loan
Restaurants and hotels18
20%
$1,053,000
Retail13
15%
$701,000
Other services (repair, personal care)12
13%
$653,000
Health care and social assistance8
9%
$395,000
Professional and technical services6
7%
$587,500
Agriculture, forestry and fishing6
7%
$608,500
Construction6
7%
$649,500
Manufacturing5
6%
$789,000
Transportation and warehousing4
4%
$376,500
Real estate and rental3
3%
$467,000
Loan size mix
  • Under $150,0003%
  • $150,000 to $500,00039%
  • $500,000 to $2 million51%
  • $2 million and up7%
Loan programs used
  • 504 Basic91%
  • 504 Refinancing Program9%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.