SBA Loans for Full-Service Restaurants in South Dakota: Top Lenders
NAICS 722NAICS 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
| # | 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.
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