SBA lender profile
BankWest, Inc
BankWest, Inc appears in the public SBA loan data with 35 funded 7(a) loans since FY2010, totaling $13.7M, an average of $392K per loan, and an estimated 300 jobs supported. Its SBA lending concentrates in South Dakota and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 78
- Scale 20
- Activity 0
- Consistency 38
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is BankWest, Inc the right lender for you?
Lenders fund what they know. BankWest, Inc's SBA lending concentrates in South Dakota (35 loans) and Retail Trade (13 loans), at an average loan of $392K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Where BankWest, Inc lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| South Dakota | 35 | $13.7M |
Metro areas where BankWest, Inc funds
What BankWest, Inc funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 13 | $6.9M |
| Manufacturing | 4 | $2.2M |
| Construction | 6 | $1.8M |
| Wholesale Trade | 3 | $1.4M |
| Health Care and Social Assistance | 2 | $780K |
| Accommodation and Food Services | 3 | $422K |
BankWest, Inc SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 18 | $9.5M |
| 2011 | 7 | $982K |
| 2012 | 3 | $727K |
| 2013 | 2 | $450K |
| 2017 | 2 | $650K |
| 2022 | 3 | $1.4M |
Related SBA lenders
Other lenders active in South Dakota or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
BankWest, Inc: frequently asked questions
Does BankWest, Inc offer SBA loans?
Yes. BankWest, Inc appears in the public SBA data with 35 funded SBA 7(a) loans totaling $13.7M.
How many SBA loans has BankWest, Inc made?
BankWest, Inc is associated with 35 SBA 7(a) loans totaling $13.7M in the public SBA data (as of 2026-03-31).
What is BankWest, Inc's SBA charge-off rate?
About 0.0% of BankWest, Inc's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does BankWest, Inc do most of its SBA lending?
BankWest, Inc's SBA lending in the data is most concentrated in South Dakota, and by industry in Retail Trade.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). BankWest, Inc SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/bankwest-inc/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.
Get SBA lending trends in your inbox
Occasional, data-driven briefings on SBA lending by industry and state. No spam, unsubscribe anytime.
We use your email only to send lending-trend updates. See our privacy policy.