SBA lending by district
SBA lending in SD-04
SBA 7(a) and 504 financing in South Dakota's 4th district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 91
- Total funded
- $45.0M
- Average loan
- $495K
- 7(a) charge-off
- 5.4%
Borrowers in South Dakota's 4th district took 91 SBA loans worth $45.0M since FY2010, averaging $495K. Of the 56 7(a) loans, 5.4% have charged off. See the rest of South Dakota.
SBA funded volume by fiscal year
Top SBA lenders in SD-04
- 1. Dakota Business Finance $15.8M
- 2. Dacotah Bank $4.8M
- 3. South Dakota Development Corporation $4.7M
- 4. Midwest Business Finance Corporation $3.8M
- 5. Wells Fargo Bank National Association $3.7M
- 6. The First National Bank in Sioux Falls $2.5M
- 7. First Interstate Bank $1.7M
- 8. Ally Dakota Development, Inc. $1.5M
- 9. First PREMIER Bank $1.3M
- 10. Heritage Bank, National Association $1.2M
Method. SBA 7(a) and 504 loans the SBA recorded in SD-04,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.