SBA Loans for Full-Service Restaurants in South Dakota: Top Lenders
NAICS 722NAICS 722 covers snack and nonalcoholic beverage bars 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 snack and nonalcoholic beverage bars 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
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 10 | $377,750 | |
| 2 | 5 | $123,000 | |
| 3 | 4 | $92,500 | |
| 4 | 2 | $302,500 | |
| 5 | 2 | $87,500 | |
| 6 | 1 | $337,500 | |
| 7 | 1 | $54,000 | |
| 8 | 1 | $150,000 | |
| 9 | 1 | $310,000 | |
| 10 | 1 | $977,500 | |
| 11 | 1 | $648,900 | |
| 12 | 1 | $320,000 | |
| 13 | 1 | $185,900 | |
| 14 | 1 | $75,000 | |
| 15 | 1 | $174,200 | |
| 16 | 1 | $25,000 | |
| 17 | 1 | $366,500 |
Recent SBA 7(a) approvals for Full-Service Restaurants in South Dakota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Pioneer Bank & Trust | Dak*****LLC | Spearfish, SD | $117,000 |
| 2025-11 | Sunrise Banks National Association | Loe*****LLC | SIOUX FALLS, SD | $50,000 |
| 2025-11 | Sunrise Banks National Association | Loe*****LLC | SIOUX FALLS, SD | $554,000 |
| 2025-08 | First Dakota National Bank | S&B*****LLC | Sioux Falls, SD | $600,000 |
| 2025-08 | Arbor Bank | The*****LLC | VERMILLION, SD | $75,000 |
| 2025-07 | U.S. Bank, National Association | BIL*****LIN | VERMILLION, SD | $25,000 |
| 2025-03 | The First National Bank in Sioux Falls | MJ *****LLC | Brookings, SD | $729,500 |
| 2025-03 | The First National Bank in Sioux Falls | SD *****Inc | Sioux Falls, SD | $3,350,000 |
| 2025-03 | Northwest Bank | Wis*****nc. | AURORA, SD | $977,500 |
| 2025-03 | The Huntington National Bank | Rie*****LLC | SIOUX FALLS, SD | $366,500 |
| 2025-03 | The Huntington National Bank | Rie*****LLC | SIOUX FALLS, SD | $50,000 |
| 2025-02 | Northeast Bank | STA*****NC. | MADISON, SD | $250,000 |
| 2025-01 | The First National Bank in Sioux Falls | Dak*****LLC | Sioux Falls, SD | $250,000 |
| 2025-01 | The Huntington National Bank | YNu*****nc. | SIOUX FALLS, SD | $315,000 |
| 2025-01 | The Huntington National Bank | YNu*****nc. | SIOUX FALLS, SD | $40,000 |
| 2025-01 | First Bank & Trust | A S*****LLC | Aberdeen, SD | $333,000 |
| 2025-01 | Northeast Bank | JPR*****INC | Rapid City, SD | $150,000 |
| 2024-12 | Black Hills FCU | Soc*****LLC | Rapid City, SD | $735,800 |
| 2024-11 | Highmark FCU | WL****LLC | RAPID CITY, SD | $270,000 |
| 2024-11 | Stearns Bank National Association | GLA*****LLC | SPEARFISH, SD | $320,000 |
| 2024-11 | The First National Bank in Sioux Falls | Mag*****LLC | Sioux Falls, SD | $450,000 |
| 2024-09 | Stearns Bank National Association | HAN*****LLC | SPEARFISH, SD | $101,000 |
| 2024-09 | Shoreham Bank | JPR*****Inc | RAPID CITY, SD | $100,000 |
| 2024-08 | Levo Federal Credit Union | CG *****LLC | BRANDON, SD | $25,000 |
| 2024-08 | The First National Bank in Sioux Falls | Sub*****Inc | Sioux Falls, SD | $648,000 |
| 2024-08 | Levo Federal Credit Union | CG *****LLC | BRANDON, SD | $150,000 |
| 2024-08 | Sentinel FCU | Mam*****LLC | Box Elder, SD | $54,000 |
| 2024-08 | The First National Bank in Sioux Falls | Ren*****LLC | Sioux Falls, SD | $998,000 |
| 2024-07 | U.S. Bank, National Association | DA****LLC | BROOKINGS, SD | $13,500 |
| 2024-07 | Dacotah Bank | KB *****LLC | MOBRIDGE, SD | $247,500 |
| 2024-06 | First Interstate Bank | Mac*****LLC | RAPID CITY, SD | $184,000 |
| 2024-06 | The First National Bank in Sioux Falls | Mai*****LLC | Humboldt, SD | $70,000 |
| 2024-04 | The First National Bank in Sioux Falls | Izz*****LLC | Sioux Falls, SD | $80,000 |
| 2024-03 | Campbell County Bank | Oah*****use | Pollock, SD | $350,000 |
| 2024-02 | Black Hills FCU | Th***our | RAPID CITY, SD | $144,900 |
| 2024-02 | The First National Bank in Sioux Falls | Ris*****L.C | Baltic, SD | $75,100 |
| 2024-01 | Black Hills FCU | Bri*****LLC | SIOUX FALLS, SD | $40,000 |
| 2024-01 | Highmark FCU | Bas*****LLC | Rapid City, SD | $100,000 |
| 2023-11 | Black Hills FCU | The*****LLC | Box Elder, SD | $50,000 |
| 2023-11 | Choice Financial Group | Ma****lli | RAPID CITY, SD | $1,000,000 |
| 2023-11 | First Bank & Trust | JIR*****LLC | Rapid City, SD | $1,000,000 |
| 2023-09 | Pioneer Bank & Trust | Col*****eld | Lead, SD | $175,000 |
| 2023-09 | First Interstate Bank | Sch*****LLC | RAPID CITY, SD | $253,300 |
| 2023-08 | First Bank & Trust | THE*****LLC | Sioux Falls, SD | $2,121,300 |
| 2023-07 | First Interstate Bank | Pep*****nc. | ABERDEEN, SD | $20,000 |
| 2023-07 | First Interstate Bank | Pep*****nc. | ABERDEEN, SD | $146,800 |
| 2023-07 | Black Hills FCU | SCH*****LLC | SUMMERSET, SD | $315,000 |
| 2023-03 | First Interstate Bank | Rod*****LLC | HOT SPRINGS, SD | $180,000 |
| 2023-03 | Black Hills FCU | RUS*****LLC | HILL CITY, SD | $55,000 |
| 2023-03 | Black Hills FCU | Moo*****upe | RAPID CITY, SD | $75,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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