37 SBA loans worth $16.6M went to businesses in Brookings, SD between October 2021 and June 2026, from 14 lenders. First Bank & Trust made the most, 16 loans. The median loan was $399,500, compared with $289,000 across South Dakota, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | First Bank & Trust Bank · Brookings, SD | 16 | $8.6M | $500,000 | 25% |
| 2 | Ally Dakota Development Certified development company · Rapid City, SD | 6 | $3.0M | $468,500 | 17% |
| 3 | Dakota Business Finance Certified development company · Sioux Falls, SD | 2 | $879K | $439,500 | 50% |
| 4 | First Interstate Bank Bank · Billings, MT | 2 | $878K | $439,100 | 50% |
| 5 | U.S. Bank Bank · Cincinnati, OH | 2 | $34K | $16,750 | 50% |
| 6 | South Dakota Development Certified development company · Sioux Falls, SD | 1 | $844K | $844,000 | 0% |
| 7 | First National Bank in Sioux Falls Bank · Sioux Falls, SD | 1 | $730K | $729,500 | 100% |
| 8 | BankStar Financial Bank · Elkton, SD | 1 | $564K | $564,200 | 100% |
| 9 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $350K | $350,000 | 0% |
| 10 | Dacotah Bank Bank · Aberdeen, SD | 1 | $300K | $300,000 | 100% |
| 11 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 0% |
| 12 | Celtic Bank Bank · Salt Lake City, UT | 1 | $150K | $150,000 | 0% |
| 13 | Pathward Bank · Sioux Falls, SD | 1 | $133K | $133,000 | 0% |
| 14 | Northeast Bank Bank · Portland, ME | 1 | $10K | $10,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 7 | $500,000 | First Bank & Trust | |
| Restaurants and hotels | 7 | $564,200 | First Bank & Trust | |
| Other services (repair, personal care) | 4 | $141,500 | First Bank & Trust | |
| Utilities | 3 | $113,000 | First Bank & Trust | |
| Professional and technical services | 3 | $300,000 | First Bank & Trust | |
| Arts, entertainment and recreation | 3 | $641,500 | First Bank & Trust | |
| Retail | 2 | $272,000 | Ally Dakota Development | |
| Manufacturing | 2 | $478,250 | First Bank & Trust |