Skip to main content
Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates

SBA Loans in Sioux Falls, SD

Businesses in Sioux Falls, SD have closed 707 SBA loans worth $387.0M in approved capital since 2016 , supporting 8,030 local jobs. The average Sioux Falls SBA loan is $547K. PeerSense reads the local lending data and matches you to the SBA lender most likely to fund your deal.

Data updated June 2026. Source: SBA 7(a) and 504 loan records, 2016 to present.

707

SBA Loans Funded

$387.0M

Capital Deployed

$547K

Average Loan

8,030

Jobs Supported

2.5%

Charge Off Rate

Most active Sioux Falls industries for SBA financing

Limited-Service Restaurants30 loans
Full-Service Restaurants29 loans
Hotels (except Casino Hotels) and Motels20 loans
Child Day Care Services19 loans
Offices of Chiropractors17 loans

SBA lenders actively funding SD deals

Ranked by real funding activity in SD. PeerSense reads this match and routes your deal to the lender most likely to approve and price it. You work with us, not a call list.

Get matched to an SBA lender in Sioux Falls.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a Sioux Falls deal, local or national.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

One more step: check the consent box above and type your full legal name as signature to enable the submit button.

No retainers · Referral fee at closing · Or call (317) 452-6990

How to get an SBA loan in Sioux Falls

SBA loans in Sioux Falls, SD are not limited to local banks. SBA 7(a) and 504 loans can be funded by national lenders and preferred lenders anywhere in the country, and the right out of market lender often beats a local bank on rate, term, and speed to close. What matters is matching your industry, loan size, and structure to a lender that actively funds deals like yours.

With 707 loans and $387.0M of approved capital on record, Sioux Falls has a deep, lender friendly track record. PeerSense uses that history to route your deal to the lender most likely to approve it, then stays with you through closing.