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SBA Loans in South Dakota

7(a) and 504 loans approved, fiscal years 2022 to 2026

Loans approved
1,054
Amount approved
$591M
Jobs supported
9,545
As reported by borrowers

Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.

Loans by fiscal year

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YearLoansAmountAverage7(a)504
FY2026 (through 06/30/2026)145$80.1M$552,5438659
FY2025270$162M$598,64317595
FY2024223$119M$535,44415172
FY2023197$113M$575,05913463
FY2022219$117M$533,196117102

By county

All years shown

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By city

Cities with at least 5 loans

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CityLoansAmount
Sioux Falls340$208M
Brandon33$27.3M
Watertown42$23.6M
Pierre19$17.2M
Brookings37$16.6M
Aberdeen19$15.2M
Tea31$14.8M
Sturgis15$13.8M
Spearfish38$13M
Harrisburg15$12.9M
Mitchell17$8.4M
Box Elder9$7.1M
Yankton8$6.9M
Deadwood9$6.7M
Milbank6$6.4M
Hartford13$5.8M
Lennox10$4.3M
Worthing6$4.2M
Custer13$4.1M
Belle Fourche16$3.8M
Huron7$3.7M
Canton9$3M
Summerset7$2.8M
Vermillion9$2.5M
Hot Springs5$2.4M
Madison5$2.4M
Blackhawk11$2.2M
Salem5$2M
Dell Rapids6$1.7M
Lake Norden5$1.6M
Baltic5$1.4M
Gettysburg5$1.2M
Parker5$885K

Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026

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