South Dakota · Agriculture
SBA loans for agriculture in South Dakota
86 loans worth $47.1M approved since FY2010 for agriculture, forestry, fishing and hunting projects located in South Dakota.
Loans
86
Approved
$47.1M
Median loan
$250,000
+25% vs sector nationally
Median rate
5.75%
Jobs supported
418
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to agriculture in South Dakota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Dakota Business Finance | 16 | $13.5M | |
| South Dakota Development Corporation | 10 | $8.4M | |
| Ally Dakota Development, Inc. | 13 | $7.1M | |
| Wells Fargo Bank | 9 | $4.6M | |
| Plains Commerce Bank | 1 | $4.2M | |
| Mabrey Bank | 1 | $1.8M | |
| First National Bank | 8 | $1.4M | |
| Red River State Bank | 4 | $1.1M |
Detail
Which industries inside the sector
All SBA lending in South Dakota
3,632 loans across every sector.
Agriculture nationally
13,339 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to agriculture businesses in South Dakota?
- 86 SBA loans totalling $47,123,000 have been approved for agriculture, forestry, fishing and hunting projects in South Dakota since FY2010.
- Which lenders finance agriculture in South Dakota?
- The most active by dollars approved are Dakota Business Finance, South Dakota Development Corporation, Ally Dakota Development, Inc., Wells Fargo Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for agriculture in South Dakota?
- The median approval is $250,000, 25% above the national median for this sector ($200,000).
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