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South Dakota · Transportation
SBA loans for transportation in South Dakota
122 loans worth $34.3M approved since FY2010 for transportation and warehousing projects located in South Dakota.
Loans
122
Approved
$34.3M
Median loan
$122,500
+91% vs sector nationally
Median rate
7.00%
Jobs supported
1,073
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 transportation in South Dakota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Newtek Small Business Finance, Inc. | 4 | $7.1M | |
| Dakota Business Finance | 12 | $5.9M | |
| The First National Bank in Sioux Falls | 12 | $2.8M | |
| South Dakota Development Corporation | 8 | $2.5M | |
| Dacotah Bank | 6 | $2.2M | |
| Wells Fargo Bank | 14 | $1.7M | |
| First Bank & Trust | 4 | $1.7M | |
| Midwest Business Finance Corporation | 2 | $1.6M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for transportation in South Dakota since FY2010 was $122,500. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in South Dakota
3,632 loans across every sector.
Transportation nationally
49,317 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to transportation businesses in South Dakota?
- 122 SBA loans totalling $34,285,900 have been approved for transportation and warehousing projects in South Dakota since FY2010.
- Which lenders finance transportation in South Dakota?
- The most active by dollars approved are Newtek Small Business Finance, Inc., Dakota Business Finance, The First National Bank in Sioux Falls, South Dakota Development Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for transportation in South Dakota?
- The median approval is $122,500, 91% above the national median for this sector ($64,000).
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