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SBA Loans in Mitchell, SD

Explore recent SBA 7(a) and 504 lending activity in Mitchell. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

Total SBA loans
199
all programs
Approved $
$54.8M
last 24 months
Avg loan
$275K
median $245K
Active lenders
28
approved here
Jobs supported
1,727
cumulative

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MITCHELL · 199 LOANS

Top lenders in Mitchell

First National Bank of Omaha
43
Wells Fargo Bank National Association
40
Ally Dakota Development, Inc.
20
First Dakota National Bank
18
Dakota Business Finance
13
CorTrust Bank National Association
12

Top industries in Mitchell

Full-Service Restaurants
9
Offices of Chiropractors
8
Limited-Service Restaurants
7
Hotels (except Casino Hotels) and Motels
5
"Offices of Physical, Occupational and Speech Therapists, and Audiologists"
3
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Loan records · Mitchell, SD
199 records
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Elfstrand's Ace Hardware
Mitchell, SD · 57301
$3,125,000
7(a)
Live Oak Banking Company$195K/job · 2021-09-27
Nemec Properties LLC, DBA American Garage Door
Mitchell, SD · 57301
$2,543,000
7(a)
Wells Fargo Bank National Association$111K/job · 2016-10-13
Bow Wow Concrete LLC
Mitchell, SD · 57301
$2,210,000
7(a)
The First National Bank in Sioux Falls$221K/job · 2024-05-06
Enertech Manufacturing LLC
Mitchell, SD · 57301
$1,450,000
504
South Dakota Development Corporation$13K/job · 2009-09-03
Bradley Theme LLC
Mitchell, SD · 57301
$1,374,000
504
Dakota Business Finance$57K/job · 2023-12-04
HART FAMILY DENTISTRY, P.C.
Mitchell, SD · 57301
$1,279,000
7(a)
PNC Bank, National Association$256K/job · 2015-08-26
QUALITY WOOD DESIGNS INC
Mitchell, SD · 57301
$1,225,000
7(a)
BankWest, Inc$111K/job · 2009-12-24
DOUGLAS J AND KARI J VELDHEER, EPC, JACKS CAMPERS, INC. (OC)
Mitchell, SD · 57301
$1,183,000
7(a)
BankWest, Inc$592K/job · 2010-07-01
DOUGLAS J AND KARI J VELDHEER, EPC, JACKS CAMPERS, INC. OC
Mitchell, SD · 57301
$1,183,000
7(a)
BankWest, Inc$592K/job · 2010-07-14
Resolve.com, LLC
Mitchell, SD · 57301
$1,089,000
504
Dakota Business Finance$109K/job · 2021-07-23
Quality Wood Designs Inc.
Mitchell, SD · 57301
$1,000,000
504
Dakota Business Finance$50K/job · 2021-09-15
CE Construction LLC
Mitchell, SD · 57301
$957,000
7(a)
First Dakota National Bank$60K/job · 2020-10-05
Mitchell Manufacturing Property LLC
Mitchell, SD · 57301
$838,000
504
Dakota Business Finance$18K/job · 2023-03-03
Eight West LLc
Mitchell, SD · 57301
$794,000
504
Dakota Business Finance$44K/job · 2011-03-16
AMPRIDE
Mitchell, SD · 57301
$750,000
7(a)
Readycap Lending, LLC1999-09-28
VILLAGER LODGE
Mitchell, SD · 57301
$730,000
7(a)
Readycap Lending, LLC2001-08-06
MITCHELL CHIROPRACTIC & ACUPUN
Mitchell, SD · 57301
$720,000
7(a)
Wells Fargo Bank National Association$80K/job · 2003-05-09
CJ VENTURES, LLC
Mitchell, SD · 57301
$690,000
7(a)
Home Federal Bank$15K/job · 2008-07-30
LUCID MANUFACTURING INC
Mitchell, SD · 57301
$670,000
7(a)
Home Federal Bank$34K/job · 2009-10-30
M.A.C. Hotels Inc
Mitchell, SD · 57301
$649,000
504
Ally Dakota Development, Inc.$649K/job · 2008-07-08
BUECHLER PHARMACY INC
Mitchell, SD · 57301
$645,000
7(a)
Wells Fargo Bank National Association$46K/job · 1999-05-27
BIG GREEN, INC.
Mitchell, SD · 57301
$600,000
7(a)
Wells Fargo Bank National Association1993-07-27
A&K Glass LLC
Mitchell, SD · 57301
$555,000
7(a)
Heritage Bank Inc$278K/job · 2026-03-11
Shack Coffee Mitchell LLC
Mitchell, SD · 57301
$546,000
504
Dakota Business Finance$29K/job · 2025-09-12
Ark Holdings LLC
Mitchell, SD · 57301
$521,500
7(a)
First Dakota National Bank$104K/job · 2025-11-25
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