South Dakota · Arts & Recreation
SBA loans for arts & recreation in South Dakota
113 loans worth $49.6M approved since FY2010 for arts, entertainment, and recreation projects located in South Dakota.
Loans
113
Approved
$49.6M
Median loan
$200,000
-12% vs sector nationally
Median rate
6.00%
Jobs supported
1,101
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 arts & recreation in South Dakota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Dakota Business Finance | 20 | $16.8M | |
| Ally Dakota Development, Inc. | 11 | $7.7M | |
| The First National Bank in Sioux Falls | 9 | $4.1M | |
| Wells Fargo Bank | 11 | $3.4M | |
| Midwest Business Finance Corporation | 4 | $3.2M | |
| First Bank & Trust | 6 | $2.9M | |
| First Interstate Bank | 13 | $2.5M | |
| U.S. Bank | 1 | $1.7M |
Detail
Which industries inside the sector
All SBA lending in South Dakota
3,632 loans across every sector.
Arts & Recreation nationally
33,312 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to arts & recreation businesses in South Dakota?
- 113 SBA loans totalling $49,597,700 have been approved for arts, entertainment, and recreation projects in South Dakota since FY2010.
- Which lenders finance arts & recreation in South Dakota?
- The most active by dollars approved are Dakota Business Finance, Ally Dakota Development, Inc., The First National Bank in Sioux Falls, Wells Fargo Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for arts & recreation in South Dakota?
- The median approval is $200,000, 12% below the national median for this sector ($228,400).
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