Best Sioux Falls, SD SBA Lenders & Rates of 2026
Top SBA 7(a) lenders in Sioux Falls, South Dakota ranked by 2025 lending data.
25
SBA Loans Funded
$15M
Total Volume
8.81%
Avg Interest Rate
12
Active Lenders
Looking for an SBA loan in Sioux Falls, South Dakota? Based on 2025 FOIA data, 25 SBA 7(a) loans were funded in Sioux Falls totaling $15M. Below are the top lenders and industries receiving SBA funding in your area. See all South Dakota SBA lenders for statewide rankings.
Top 12 SBA Lenders in Sioux Falls, SD (2025 Data)
| # | Lender | Loans | Total Approved |
|---|---|---|---|
| 1 | First Bank & Trust | 2 | $3M |
| 2 | The Huntington National Bank | 5 | $846K |
| 3 | Climate First Bank | 1 | $653K |
| 4 | Minnwest Bank | 2 | $615K |
| 5 | Sunrise Banks National Association | 2 | $604K |
| 6 | United Midwest Savings Bank National Association | 2 | $528K |
| 7 | Levo Federal Credit Union | 4 | $406K |
| 8 | Black Hills FCU | 1 | $270K |
| 9 | Live Oak Banking Company | 1 | $250K |
| 10 | U.S. Bank | 7 | $210K |
| 11 | American Bank and Trust | 1 | $100K |
| 12 | First Interstate Bank | 1 | $19K |
Top Industries Funded in Sioux Falls
| Industry | Loans | Total Approved |
|---|---|---|
| Industrial Building Construction | 1 | $3M |
| Limited-Service Restaurants | 4 | $1M |
| Fitness and Recreational Sports Centers | 1 | $653K |
| Other Activities Related to Real Estate | 1 | $500K |
| Snack and Nonalcoholic Beverage Bars | 2 | $355K |
| Site Preparation Contractors | 1 | $342K |
| Other Services to Buildings and Dwellings | 1 | $270K |
| Other Computer Related Services | 1 | $264K |
| Audio and Video Equipment Manufacturing | 1 | $264K |
| All Other Outpatient Care Centers | 2 | $175K |
Get Matched with the Best SBA Lender in Sioux Falls
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