SBA lender profile
Black Hills FCU
Black Hills FCU appears in the public SBA loan data with 107 funded 7(a) loans totaling $24.0M, an average of $224K per loan, and an estimated 825 jobs supported. Its SBA lending concentrates in South Dakota and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 0.9%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
107
Total volume
$24.0M
Average loan size
$224K
Charge-off rate
0.9%
Share of funded loans charged off
Jobs supported (reported)
825
Programs
7(a)
Where Black Hills FCU lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| South Dakota | 105 | $23.8M |
| New York | 1 | $123K |
| North Dakota | 1 | $50K |
What Black Hills FCU funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 23 | $6.6M |
| Retail Trade | 13 | $5.9M |
| Other Services | 14 | $4.5M |
| Manufacturing | 11 | $2.1M |
| Health Care and Social Assistance | 10 | $1.8M |
| Arts, Entertainment, Recreation | 4 | $1.0M |
Black Hills FCU SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 21 | $3.9M |
| 2021 | 21 | $7.5M |
| 2022 | 12 | $2.2M |
| 2023 | 27 | $4.6M |
| 2024 | 19 | $4.4M |
| 2025 | 3 | $1.1M |
| 2026 | 4 | $303K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Black Hills FCU's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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