South Dakota · Real Estate
SBA loans for real estate in South Dakota
104 loans worth $39.7M approved since FY2010 for real estate and rental and leasing projects located in South Dakota.
Loans
104
Approved
$39.7M
Median loan
$290,500
+16% vs sector nationally
Median rate
6.00%
Jobs supported
532
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 real estate in South Dakota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Dakota Business Finance | 26 | $15.1M | |
| Ally Dakota Development, Inc. | 19 | $8.2M | |
| First Interstate Bank | 6 | $3.1M | |
| First National Bank of Omaha | 2 | $1.6M | |
| South Dakota Development Corporation | 3 | $1.5M | |
| Wells Fargo Bank | 6 | $1.5M | |
| Midwest Business Finance Corporation | 3 | $1.2M | |
| First Bank & Trust | 1 | $996K |
Detail
Which industries inside the sector
All SBA lending in South Dakota
3,632 loans across every sector.
Real Estate nationally
25,262 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to real estate businesses in South Dakota?
- 104 SBA loans totalling $39,675,500 have been approved for real estate and rental and leasing projects in South Dakota since FY2010.
- Which lenders finance real estate in South Dakota?
- The most active by dollars approved are Dakota Business Finance, Ally Dakota Development, Inc., First Interstate Bank, First National Bank of Omaha. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for real estate in South Dakota?
- The median approval is $290,500, 16% above the national median for this sector ($250,000).
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