SBA Loans for Commercial and Institutional Building Construction in South Dakota: Top Lenders
NAICS 236NAICS 236 covers commercial and institutional building construction businesses in South Dakota. Based on historical SBA 7(a) lending data.
Total Approvals
8
in South Dakota
Median Loan Size
$75,000
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 236 covers commercial and institutional building construction businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $75,000.
Key trends & insights
- Commercial and Institutional Building Construction in South Dakota lending is concentrated — U.s. Bank, National Association, Bayfirst National Bank, Readycap Lending, LLC together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
- U.s. Bank, National Association leads this industry with 2 approvals (25% market share) and a median loan of $20,000.
- Commercial and Institutional Building Construction in South Dakota loans skew smaller than the SBA average at $75,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Commercial and Institutional Building Construction in South Dakota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $20,000 | |
| 2 | 1 | $70,000 | |
| 3 | 1 | $25,000 | |
| 4 | 1 | $139,000 | |
| 5 | 1 | $80,000 | |
| 6 | 1 | $2,804,400 | |
| 7 | 1 | $150,000 |
Recent SBA 7(a) approvals for Commercial and Institutional Building Construction in South Dakota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Northeast Bank | Ry***LLC | Spearfish, SD | $150,000 |
| 2025-06 | Northeast Bank | Ry***LLC | Spearfish, SD | $250,000 |
| 2025-05 | U.S. Bank, National Association | HEA*****LLC | SIOUX FALLS, SD | $35,000 |
| 2025-04 | First Interstate Bank | iLe*****LLC | BELLE FOURCHE, SD | $75,000 |
| 2025-04 | Northeast Bank | Ped*****LLC | SPEARFISH, SD | $233,700 |
| 2025-04 | Readycap Lending, LLC | Osl*****ion | STOCKHOLM, SD | $25,000 |
| 2025-02 | First Bank & Trust | DES*****LLC | SIOUX FALLS, SD | $2,804,400 |
| 2025-01 | Northeast Bank | Ry***LLC | Spearfish, SD | $250,000 |
| 2024-11 | U.S. Bank, National Association | FEL*****LLC | COLTON, SD | $27,700 |
| 2024-07 | UMB Bank, National Association | TOJ*****ion | PINE RIDGE, SD | $50,000 |
| 2024-04 | U.S. Bank, National Association | WIL*****LLC | MITCHELL, SD | $20,000 |
| 2024-03 | U.S. Bank, National Association | FEL*****LLC | COLTON, SD | $20,000 |
| 2024-02 | Celtic Bank Corporation | Mar*****ion | Watertown, SD | $80,000 |
| 2023-09 | The First National Bank in Sioux Falls | Mid*****LLC | Sioux Falls, SD | $480,000 |
| 2023-04 | First National Bank | Stu*****LLC | Deadwood, SD | $245,000 |
| 2022-08 | First National Bank | Stu*****LLC | DEADWOOD, SD | $139,000 |
| 2021-08 | First National Bank | Stu*****LLC | DEADWOOD, SD | $150,000 |
| 2021-03 | Red River State Bank | Par*****LLC | WATERTOWN, SD | $2,601,400 |
| 2021-03 | Red River State Bank | Gen*****LLC | WATERTOWN, SD | $1,565,200 |
| 2021-03 | First National Bank | Stu*****LLC | DEADWOOD, SD | $199,000 |
| 2020-12 | First National Bank | Stu*****LLC | DEADWOOD, SD | $132,000 |
| 2020-08 | The First National Bank in Sioux Falls | Sio*****LLC | Sioux Falls, SD | $135,000 |
| 2020-06 | First National Bank | Stu*****LLC | DEADWOOD, SD | $195,000 |
| 2020-01 | BayFirst National Bank | A.C*****LC. | RAPID CITY, SD | $70,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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