Checked
SBA Loans in Codington County, SD
7(a) and 504 loans approved, fiscal years 2022 to 2026
- Loans approved
- 44
- Amount approved
- $25.1M
- Jobs supported
- 346
- 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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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2026 (through 06/30/2026) | 4 | $828K | $206,950 | 3 | 1 |
| FY2025 | 6 | $3.8M | $629,300 | 2 | 4 |
| FY2024 | 17 | $10.3M | $604,647 | 13 | 4 |
| FY2023 | 7 | $4.2M | $598,986 | 4 | 3 |
| FY2022 | 10 | $6.1M | $605,530 | 6 | 4 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Offices of Dentists | 2 | $3.3M |
| Drycleaning and Laundry Services (except Coin-Operated) | 2 | $2.9M |
| All Other Miscellaneous Waste Management Services | 1 | $2.9M |
| Hotels (except Casino Hotels) and Motels | 2 | $1.9M |
| Farm and Garden Machinery and Equipment Merchant Wholesalers | 4 | $1.8M |
| Farm Supplies Merchant Wholesalers | 2 | $1.4M |
| Beef Cattle Ranching and Farming | 1 | $1.4M |
| Plumbing, Heating, and Air-Conditioning Contractors | 2 | $1.2M |
| Automotive Body, Paint, and Interior Repair and Maintenance | 3 | $1.2M |
| All Other Home Furnishings Retailers | 1 | $1.2M |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| First Bank & Trust | 6 | $6.9M |
| Dakota Business Finance | 4 | $4.4M |
| Ally Dakota Development, Inc. | 11 | $4.3M |
| Wells Fargo Bank National Association | 5 | $2.2M |
| BankWest, Inc | 3 | $1.5M |
| U.S. Bank, National Association | 2 | $1.1M |
| Customers Bank | 1 | $1.1M |
| The Huntington National Bank | 2 | $766K |
| South Dakota Development Corporation | 1 | $762K |
| The First National Bank in Sioux Falls | 2 | $762K |
Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026
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