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South Dakota · Wholesale
SBA loans for wholesale in South Dakota
138 loans worth $90.1M approved since FY2010 for wholesale trade projects located in South Dakota.
Loans
138
Approved
$90.1M
Median loan
$372,000
+49% vs sector nationally
Median rate
6.50%
Jobs supported
1,200
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 wholesale in South Dakota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Dakota Business Finance | 37 | $32.6M | |
| GBC International Bank | 12 | $25.9M | |
| Ally Dakota Development, Inc. | 13 | $4.4M | |
| South Dakota Development Corporation | 6 | $4.3M | |
| The First National Bank in Sioux Falls | 6 | $3.6M | |
| Midwest Business Finance Corporation | 5 | $3.4M | |
| BankWest, Inc | 3 | $1.4M | |
| Wells Fargo Bank | 6 | $1.4M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for wholesale in South Dakota since FY2010 was $372,000. 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.
Wholesale nationally
52,654 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to wholesale businesses in South Dakota?
- 138 SBA loans totalling $90,094,900 have been approved for wholesale trade projects in South Dakota since FY2010.
- Which lenders finance wholesale in South Dakota?
- The most active by dollars approved are Dakota Business Finance, GBC International Bank, Ally Dakota Development, Inc., 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 wholesale in South Dakota?
- The median approval is $372,000, 49% above the national median for this sector ($250,000).
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