SBA Loans for Jewelry Stores in South Dakota: Top Lenders

NAICS 448

NAICS 448 covers jewelry stores businesses in South Dakota. Based on historical SBA 7(a) lending data.

Total Approvals

3

in South Dakota

Median Loan Size

$65,000

per approval

Recent Activity

0

last 90 days through Apr 2022

NAICS 448 covers jewelry stores businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $65,000.

Key trends & insights

  • Jewelry Stores in South Dakota lending is concentrated — THE First National Bank IN Sioux Falls, Wells Fargo Bank, National Association, First National Bank together account for 100% 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 1 approvals (33% market share) and a median loan of $50,000.
  • Jewelry Stores in South Dakota loans skew smaller than the SBA average at $65,000 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 2022-04-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Jewelry Stores in South Dakota

#LenderApprovalsMedian Size
11$50,000
21$65,000
31$243,700

Recent SBA 7(a) approvals for Jewelry Stores in South Dakota

MonthLenderBorrowerAmount
2022-04First National BankBla*****LLC$243,700
2021-10Wells Fargo Bank National AssociationAUD*****INC$65,000
2020-05The First National Bank in Sioux FallsThe*****LLC$50,000

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

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