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SBA Loans for Full-Service Restaurants in South Dakota: Top Lenders

NAICS 722

NAICS 722 covers full-service restaurants businesses in South Dakota. Based on historical SBA 7(a) lending data.

Total Approvals

35

in South Dakota

Median Loan Size

$174,200

per approval

Recent Activity

2

last 90 days through Aug 2025

NAICS 722 covers full-service restaurants businesses. This is a smaller category in SBA 7(a) lending with 35 approvals on record and a median loan size of $174,200.

Key trends & insights

  • Full-Service Restaurants in South Dakota lending is concentrated — THE First National Bank IN Sioux Falls, First Interstate Bank, Black Hills FCU together account for 54% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE First National Bank IN Sioux Falls leads this industry with 10 approvals (29% market share) and a median loan of $377,750.
  • Full-Service Restaurants in South Dakota loans skew smaller than the SBA average at $174,200 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 Full-Service Restaurants in South Dakota

#LenderApprovalsMedian Size
1
THE First National Bank IN Sioux Falls
10$377,750
2
First Interstate Bank
5$123,000
3
Black Hills FCU
4$92,500
4
First National Bank
2$302,500
5
Levo Federal Credit Union
2$87,500
6
Campbell County Bank
1$337,500
7
Sentinel FCU
1$54,000
8
Highmark FCU
1$150,000
9
Sundance State Bank
1$310,000
10
Northwest Bank
1$977,500
11
First Bank & Trust
1$648,900
12
Stearns Bank, National Association
1$320,000
13
ONE American Bank
1$185,900
14
Arbor Bank
1$75,000
15
First Dakota National Bank
1$174,200
16
U.s. Bank, National Association
1$25,000
17
1ST Financial Bank USA
1$366,500

Recent SBA 7(a) approvals for Full-Service Restaurants in South Dakota

MonthLenderBorrowerAmount
2025-08Arbor BankThe*****LLC$75,000
2025-07U.S. Bank, National AssociationBIL*****LIN$25,000
2025-03The First National Bank in Sioux FallsMJ *****LLC$729,500
2025-03The First National Bank in Sioux FallsSD *****Inc$3,350,000
2025-03Northwest BankWis*****nc.$977,500
2024-11Stearns Bank National AssociationGLA*****LLC$320,000
2024-11The First National Bank in Sioux FallsMag*****LLC$450,000
2024-08Levo Federal Credit UnionCG *****LLC$25,000
2024-08The First National Bank in Sioux FallsSub*****Inc$648,000
2024-08Levo Federal Credit UnionCG *****LLC$150,000
2024-08Sentinel FCUMam*****LLC$54,000
2024-08The First National Bank in Sioux FallsRen*****LLC$998,000
2024-06First Interstate BankMac*****LLC$184,000
2024-02Black Hills FCUTh***our$144,900
2023-11Black Hills FCUThe*****LLC$50,000
2023-07First Interstate BankPep*****nc.$146,800
2023-07First Interstate BankPep*****nc.$20,000
2023-03Black Hills FCURUS*****LLC$55,000
2022-04First Bank & TrustBow*****LLC$648,900
2021-11Campbell County BankRoo*****ill$337,500
2021-11First Dakota National BankHT**LLC$174,200
2021-10The First National Bank in Sioux FallsPR *****nc.$305,500
2021-05First National Bank529*****LLC$350,000
2021-05First National Bank529*****LLC$255,000
2021-05Black Hills FCUZoo*****LLC$130,000
2021-04The First National Bank in Sioux FallsSwe*****LLC$172,000
2021-02The First National Bank in Sioux FallsGB**LLC$80,000
2020-11One American BankBro*****LLC$185,900
2020-10The First National Bank in Sioux FallsCin*****nc.$175,000
2020-06The First National Bank in Sioux FallsShi*****log$42,000
2020-031st Financial Bank USAHig*****LLC$366,500
2020-02First Interstate BankDay*****nc.$123,000
2020-02First Interstate BankDay*****nc.$123,000
2020-01Sundance State BankCal*****LLC$310,000
2019-12Highmark FCUCus*****LLC$150,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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