SBA Loans for Other Technical and Trade Schools in South Dakota: Top Lenders
NAICS 611NAICS 611 covers other technical and trade schools businesses in South Dakota. Based on historical SBA 7(a) lending data.
Total Approvals
2
in South Dakota
Median Loan Size
$141,150
per approval
Recent Activity
0
last 90 days through Apr 2024
NAICS 611 covers other technical and trade schools businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $141,150.
Key trends & insights
- Other Technical and Trade Schools in South Dakota loans skew smaller than the SBA average at $141,150 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 2024-04-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Other Technical and Trade Schools in South Dakota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $30,300 | |
| 2 | 1 | $252,000 |
Recent SBA 7(a) approvals for Other Technical and Trade Schools in South Dakota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-04 | First Bank & Trust | CAL*****LLC | Tea, SD | $252,000 |
| 2020-08 | The First National Bank in Sioux Falls | MDC****LLC | Sioux Falls, SD | $30,300 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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