SBA business acquisition loans in South Dakota
54 SBA 7(a) change-of-ownership loans totaling $60.1M in FY2024 to FY2026, median $575K, from 24 lenders.
League table
National rankings Top lenders
Top 25 by number of loans, FY2024 to FY2026
| Rank | Lender | Loans | Dollars | Median | FY24–26 trend |
|---|---|---|---|---|---|
| 1 | First Bank & TrustBrookings, SD | 11 | $11.2M | $813K | +200% |
| 2 | First National Bank in Sioux FallsSioux Falls, SD | 9 | $6.7M | $468K | −100% |
| 3 | First Interstate BankBillings, MT | 5 | $7.0M | $656K | +50% |
| 4 | Black Hills FCURapid City, SD | 3 | $3.2M | $1,000K | −100% |
| 5 | Dacotah BankAberdeen, SD | 2 | $5.0M | $2.5M | −100% |
| 5 | Live Oak Banking CompanyWilmington, NC | 2 | $4.3M | $2.2M | −100% |
| 5 | Heritage Bank (Burlington, KY)Burlington, KY | 2 | $2.5M | $1.3M | −100% |
| 5 | Minnwest BankRedwood Falls, MN | 2 | $1.7M | $833K | new |
| 5 | First Dakota National BankYankton, SD | 2 | $1.1M | $561K | new |
| 5 | Pioneer Bank & TrustBelle Fourche, SD | 2 | $524K | $262K | new |
| 11 | Titan BankMineral Wells, TX | 1 | $5.0M | $5.0M | new |
| 11 | Everwise Credit UnionSouth Bend, IN | 1 | $3.8M | $3.8M | new |
| 11 | CorTrust BankMitchell, SD | 1 | $2.8M | $2.8M | new |
| 11 | Customers BankMalvern, PA | 1 | $1.1M | $1.1M | −100% |
| 11 | Northwest Bank (Spencer, IA)Spencer, IA | 1 | $978K | $978K | new |
| 11 | ReadyCap LendingBerkeley Heights, NJ | 1 | $708K | $708K | −100% |
| 11 | First Commonwealth BankIndiana, PA | 1 | $545K | $545K | new |
| 11 | Cache Valley BankLogan, UT | 1 | $500K | $500K | −100% |
| 11 | First Savings BankBeresford, SD | 1 | $350K | $350K | new |
| 11 | Bravera BankDickinson, ND | 1 | $286K | $286K | new |
| 11 | First-Citizens Bank & Trust CompanyRaleigh, NC | 1 | $284K | $284K | new |
| 11 | U.S. BankCincinnati, OH | 1 | $256K | $256K | −100% |
| 11 | BankVistaSartell, MN | 1 | $120K | $120K | −100% |
| 11 | American Bank and TrustSioux Falls, SD | 1 | $45K | $45K | −100% |
Ranked by number of loans; ties broken by dollars. Bars are scaled to the leader. Trend: loans per fiscal year, FY2024 to FY2026, with the change from FY2024 to FY2026.
Loan size
Deal size mix
- Under $350K15 loans · 28% · $2.6M
- $350K to $1M21 loans · 39% · $12.8M
- $1M to $2M8 loans · 15% · $10.7M
- $2M to $5M10 loans · 19% · $33.9M
Volume
By fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2024 | 22 | $19.2M |
| FY2025 | 17 | $25.3M |
| FY2026 | 15 | $15.7M |
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