SBA Loans for Employee Leasing Services in South Dakota: Top Lenders
NAICS 561NAICS 561 covers employee leasing services businesses in South Dakota. Based on historical SBA 7(a) lending data.
Total Approvals
6
in South Dakota
Median Loan Size
$91,000
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 561 covers employee leasing services businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $91,000.
Key trends & insights
- Employee Leasing Services in South Dakota lending is concentrated — U.s. Bank, National Association, Bravera Bank, First Dakota National Bank together account for 67% 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 (33% market share) and a median loan of $6,450.
- Employee Leasing Services in South Dakota loans skew smaller than the SBA average at $91,000 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 Employee Leasing Services in South Dakota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $6,450 | |
| 2 | 1 | $200,000 | |
| 3 | 1 | $247,500 | |
| 4 | 1 | $110,000 | |
| 5 | 1 | $72,000 |
Recent SBA 7(a) approvals for Employee Leasing Services in South Dakota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-07 | U.S. Bank, National Association | J &*****LLC | SIOUX FALLS, SD | $5,000 |
| 2025-03 | Bravera Bank | Nov*****LLC | Brandon, SD | $200,000 |
| 2025-02 | First Bank of the Lake | Jan*****rol | RAPID CITY, SD | $779,000 |
| 2024-01 | First Dakota National Bank | B &*****LLC | Fort Pierre, SD | $247,500 |
| 2023-08 | Scale Bank | Pri*****LLC | WATERTOWN, SD | $198,400 |
| 2020-08 | First National Bank | Man*****LLC | WHITEWOOD, SD | $110,000 |
| 2020-08 | U.S. Bank, National Association | KBT*****LLC | SIOUX FALLS, SD | $6,000 |
| 2020-02 | Minnwest Bank | BOL*****LLC | BRANDON, SD | $72,000 |
| 2019-12 | U.S. Bank, National Association | BRO*****ING | SIOUX FALLS, SD | $6,900 |
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