SBA Loans for Machine Shops in South Dakota: Top Lenders
NAICS 332NAICS 332 covers machine shops businesses in South Dakota. Based on historical SBA 7(a) lending data.
Total Approvals
3
in South Dakota
Median Loan Size
$128,500
per approval
Recent Activity
0
last 90 days through Jan 2025
NAICS 332 covers machine shops businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $128,500.
Key trends & insights
- Machine Shops in South Dakota loans skew smaller than the SBA average at $128,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2025-01-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Machine Shops in South Dakota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $383,000 | |
| 2 | 1 | $128,500 |
Recent SBA 7(a) approvals for Machine Shops in South Dakota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-01 | First Bank & Trust | JUS*****LLC | Tea, SD | $128,500 |
| 2023-11 | The Huntington National Bank | Ray*****LLC | WATERTOWN, SD | $716,000 |
| 2023-11 | The Huntington National Bank | Ray*****LLC | WATERTOWN, SD | $50,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet