Is Black Hills FCU a good SBA lender?

Black Hills FCU has funded 355 SBA loans totaling $47.5M in volume across 4 states, with an average loan size of $134K. The lender's default rate is 725.00%. Whether they are the right fit depends on your deal profile — loan size, industry, geography, and borrower credit. PeerSense matches your specific deal to Black Hills FCU or one of 897+ alternatives based on closing probability + pricing.

What is the average SBA loan size at Black Hills FCU?

The average SBA loan size at Black Hills FCU is $134K, with a range from $5K to $3.6M. This profile suggests they are best suited for borrowers seeking smaller businesses, working capital, and franchise startups.

What states does Black Hills FCU lend in?

Black Hills FCU actively lends across 4 states. Their highest-volume state is South Dakota. Other top states include . Borrower geography matters: a lender's state penetration affects underwriting familiarity, valuation comps, and turnaround speed.

Does Black Hills FCU fund franchise loans?

Yes — Black Hills FCU has funded SBA franchise loans across multiple brands. Their highest-volume franchise concept is MARCO'S PIZZA, followed by True Value Company LLC - Membe, CURVES FOR WOMEN, BATTERIES PLUS. Lender-franchise familiarity matters: lenders that have closed multiple loans for a brand know the FDD inside-out, which speeds underwriting + reduces re-trade risk.

What industries does Black Hills FCU prefer?

Black Hills FCU's highest-volume SBA industry by NAICS code is Limited-Service Restaurants. Other active sectors: Amusement & Recreation, Building Material & Garden, Real Estate. Borrower industry matters: matching your deal to a lender with strong recent volume in your NAICS reduces underwriting friction and improves close-rate odds.

How does PeerSense match deals to Black Hills FCU?

PeerSense matches your specific SBA deal to Black Hills FCU based on five factors: deal size vs lender's average + range, your industry vs lender's NAICS history, your state vs lender's geographic penetration, your franchise brand (if applicable) vs lender's brand history, and your credit + experience profile vs lender's known underwriting box. We don't sell leads — we curate fit. No retainer; lender pays referral fee at closing.

SBA LenderSouth DakotaActiveSmall Business

Black Hills FCU

SBA lender based in South Dakota serving 4 states and 57 industries

Quick Answer

Black Hills FCU has funded 355 SBA loans across 4 states and 57 industries. Their average loan size is $134K. Whether they are the right SBA lender for your deal depends on size, industry, geography, and credit profile — PeerSense matches your deal against Black Hills FCU and 897+ alternatives based on closing probability + pricing.

Geographic Reach

4 States

Regional focus

Industry Coverage

57 Industries

Diverse lending portfolio

Lending Activity

Active

Small Business focus

Top Lending States

South Dakota#1

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Industry Focus Areas

Limited-Service Restaurants

NAICS 722

Amusement & Recreation

NAICS 713

Building Material & Garden

Why borrowers choose Black Hills FCU

Black Hills FCU is best suited for borrowers seeking small-business working capital, startup, and franchise loans, with an average SBA loan of $134K. The lender's deepest industry experience is in Limited-Service Restaurants, and their highest-volume state is South Dakota. With 355 SBA loans funded across 4 states, they operate as a regional specialist anchored in South Dakota. Their portfolio default rate is 725.00%. If your deal profile aligns with their underwriting box, this lender is worth a quote — PeerSense matches your specific deal against Black Hills FCU and 897+ alternatives.

Recent SBA Activity at Black Hills FCU

Franchise lending: Black Hills FCU has funded SBA loans for multiple franchise concepts, with the highest volume in MARCO'S PIZZA, True Value Company LLC - Membe, and CURVES FOR WOMEN. Lender-franchise familiarity reduces underwriting friction: brands the lender already knows clear faster and re-trade less.

Industry concentration: The lender's highest-volume SBA industries are Limited-Service Restaurants, Amusement & Recreation, and Building Material & Garden. Borrowers in these NAICS sectors typically see better terms and faster approvals.

Geographic concentration: Top markets are South Dakota. Lenders typically underwrite faster in states where they already have closing comps.

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Compare Black Hills FCU to Similar SBA Lenders

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About Black Hills FCU SBA Lending

Black Hills FCU is an SBA lender headquartered in South Dakota. PeerSense tracks this lender's SBA lending activity, including approval trends, geographic coverage, and industry specializations.

Black Hills FCU serves borrowers across 4 states and 57 industry sectors with a regional lending focus. To find out whether Black Hills FCU is a good fit for your specific deal, reach out to PeerSense for a free lender match.

PeerSense maintains detailed performance data on hundreds of SBA lenders to help borrowers and brokers identify the right capital source. Rather than spending weeks researching lenders on your own, book a free call and let our team match you with lenders who have a proven track record in your industry and geography.

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