SBA Loans in Rapid City, SD

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

Browse all loans Find lenders in Rapid City

Total SBA loans

1,211

all programs

Approved $

$341.2M

last 24 months

Avg loan

$282K

median $245K

Active lenders

approved here

Jobs supported

7,228

cumulative

Loan activity map

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RAPID CITY · 1,211 LOANS

Top lenders in Rapid City

First Interstate Bank

266

Black Hills FCU

206

Ally Dakota Development, Inc.

167

Wells Fargo Bank National Association

149

Pioneer Bank & Trust

104

U.S. Bank, National Association

Top industries in Rapid City

Full-Service Restaurants

General Automotive Repair

Offices of Dentists

Hotels (except Casino Hotels) and Motels

Limited-Service Restaurants

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Loan records · Rapid City, SD

Showing largest 500 of 1,211 records

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Borrower

Location

Program

Industry

McKie Ford Lincoln Ally Dakota Development, Inc.

Rapid City, SD

57701

$5,000,000

$625K

504

New Car Dealers

2015-08-17

Granite Buick GMC Inc Ally Dakota Development, Inc.

Rapid City, SD

57701

$5,000,000

$357K

504

New Car Dealers

2015-07-21

Eddie's Truck Center, Inc.Platte Valley Bank

Rapid City, SD

57701

$5,000,000

$91K

7(a)

All Other Motor Vehicle Dealers

2012-12-26

FM Acquisition LLC Ally Dakota Development, Inc.

Rapid City, SD

57703

$3,678,000

$105K

504

Commercial Printing (except Screen and Books)

2021-12-21

SONGDOG INVESTMENTS, LLC Black Hills FCU

Rapid City, SD

57701

$3,552,800

$592K

7(a)

All Other Miscellaneous Store Retailers (except Tobacco Stores)

2020-11-19

Charles F. Scanlon II, DDS, MSD, PC Live Oak Banking Company

Rapid City, SD

57701

$3,500,000

$318K

7(a)

Offices of Dentists

2017-03-17

The Rushmore Hotel Dakota Business Finance

Rapid City, SD

57701

$3,442,000

$64K

504

Hotels (except Casino Hotels) and Motels

2021-02-12

TYLER J. PETERSEN, SOLE PROP Live Oak Banking Company

Rapid City, SD

57701

$3,438,000

$688K

7(a)

Portfolio Management and Investment Advice

2024-01-05

Black Hills Gold Hospitality Inc First Interstate Bank

Rapid City, SD

57701

$3,272,500

$218K

7(a)

Hotels (except Casino Hotels) and Motels

2016-04-12

Rapid City Cambria Ally Dakota Development, Inc.

Rapid City, SD

57701

$3,208,000

$128K

504

Hotels (except Casino Hotels) and Motels

2011-03-04

MA Hotels LLC Enterprise Bank & Trust

Rapid City, SD

57701

$3,071,000

$205K

7(a)

Hotels (except Casino Hotels) and Motels

2023-01-10

Rickhouse Holdings, LLC Ally Dakota Development, Inc.

Rapid City, SD

57701

$2,863,000

$179K

504

All Other General Merchandise Retailers

2023-09-12

Rice's Rushmore Motorsports Ally Dakota Development, Inc.

Rapid City, SD

57701

$2,628,000

$219K

504

Motorcycle, ATV, and All Other Motor Vehicle Dealers

2017-04-26

Midwestern Mechanical Rapid, Inc.Ally Dakota Development, Inc.

Rapid City, SD

57703

$2,483,000

$71K

504

"Plumbing, Heating, and Air-Conditioning Contractors"

2020-03-26

OEM Solutions Inc First Bank & Trust

Rapid City, SD

57702

$2,451,400

$163K

7(a)

Other Electronic Component Manufacturing

2023-03-03

Baymont Inn & Suites Ally Dakota Development, Inc.

Rapid City, SD

57703

$2,427,000

$64K

504

Hotels (except Casino Hotels) and Motels

2012-10-12

Powersfield Enterprises, Inc.Byline Bank

Rapid City, SD

57702

$2,380,000

$119K

7(a)

Limited-Service Restaurants

2020-10-29

City Bloc LLC Ally Dakota Development, Inc.

Rapid City, SD

57702

$2,263,000

$226K

504

Fitness and Recreational Sports Centers

2025-03-27

COURTESY LINCOLN MERCURY, INC U.S. Bank, National Association

Rapid City, SD

57709

$2,258,800

$65K

7(a)

New Car Dealers

2012-03-26

Pine Haven Cabins & Pine Haven Venue & Lodging Dakota Business Finance

Rapid City, SD

57702

$2,220,000

$370K

504

RV (Recreational Vehicle) Parks and Campgrounds

2023-11-08

Double O Properties LLC Ally Dakota Development, Inc.

Rapid City, SD

57701

$2,179,000

$545K

504

Department Stores

2022-06-07

Pure Bliss II Black Hills FCU

Rapid City, SD

57702

$2,096,500

$33K

7(a)

Nail Salons

2024-02-14

RODEWAY INN PrinsBank

Rapid City, SD

57701

$2,000,000

—

7(a)

Hotels (except Casino Hotels) and Motels

2001-12-18

GEORGE MOTOR & SUPPLY COMPANY First National Bank

Rapid City, SD

57701

$2,000,000

—

7(a)

Drinking Places (Alcoholic Beverages)

2006-05-11

Diamond Hospitality LLC Dakota Business Finance

Rapid City, SD

57701

$1,946,000

—

504

Hotels (except Casino Hotels) and Motels

2014-06-04

McKie Ford Lincoln

Rapid City, SD · 57701

$5,000,000

504

Ally Dakota Development, Inc.$625K/job · 2015-08-17

Granite Buick GMC Inc

Rapid City, SD · 57701

$5,000,000

504

Ally Dakota Development, Inc.$357K/job · 2015-07-21

Eddie's Truck Center, Inc.

Rapid City, SD · 57701

$5,000,000

7(a)

Platte Valley Bank$91K/job · 2012-12-26

FM Acquisition LLC

Rapid City, SD · 57703

$3,678,000

504

Ally Dakota Development, Inc.$105K/job · 2021-12-21

SONGDOG INVESTMENTS, LLC

Rapid City, SD · 57701

$3,552,800

7(a)

Black Hills FCU$592K/job · 2020-11-19

Charles F. Scanlon II, DDS, MSD, PC

Rapid City, SD · 57701

$3,500,000

7(a)

Live Oak Banking Company$318K/job · 2017-03-17

The Rushmore Hotel

Rapid City, SD · 57701

$3,442,000

504

Dakota Business Finance$64K/job · 2021-02-12

TYLER J. PETERSEN, SOLE PROP

Rapid City, SD · 57701

$3,438,000

7(a)

Live Oak Banking Company$688K/job · 2024-01-05

Black Hills Gold Hospitality Inc

Rapid City, SD · 57701

$3,272,500

7(a)

First Interstate Bank$218K/job · 2016-04-12

Rapid City Cambria

Rapid City, SD · 57701

$3,208,000

504

Ally Dakota Development, Inc.$128K/job · 2011-03-04

MA Hotels LLC

Rapid City, SD · 57701

$3,071,000

7(a)

Enterprise Bank & Trust$205K/job · 2023-01-10

Rickhouse Holdings, LLC

Rapid City, SD · 57701

$2,863,000

504

Ally Dakota Development, Inc.$179K/job · 2023-09-12

Rice's Rushmore Motorsports

Rapid City, SD · 57701

$2,628,000

504

Ally Dakota Development, Inc.$219K/job · 2017-04-26

Midwestern Mechanical Rapid, Inc.

Rapid City, SD · 57703

$2,483,000

504

Ally Dakota Development, Inc.$71K/job · 2020-03-26

OEM Solutions Inc

Rapid City, SD · 57702

$2,451,400

7(a)

First Bank & Trust$163K/job · 2023-03-03

Baymont Inn & Suites

Rapid City, SD · 57703

$2,427,000

504

Ally Dakota Development, Inc.$64K/job · 2012-10-12

Powersfield Enterprises, Inc.

Rapid City, SD · 57702

$2,380,000

7(a)

Byline Bank$119K/job · 2020-10-29

City Bloc LLC

Rapid City, SD · 57702

$2,263,000

504

Ally Dakota Development, Inc.$226K/job · 2025-03-27

COURTESY LINCOLN MERCURY, INC

Rapid City, SD · 57709

$2,258,800

7(a)

U.S. Bank, National Association$65K/job · 2012-03-26

Pine Haven Cabins & Pine Haven Venue & Lodging

Rapid City, SD · 57702

$2,220,000

504

Dakota Business Finance$370K/job · 2023-11-08

Double O Properties LLC

Rapid City, SD · 57701

$2,179,000

504

Ally Dakota Development, Inc.$545K/job · 2022-06-07

Pure Bliss II

Rapid City, SD · 57702

$2,096,500

7(a)

Black Hills FCU$33K/job · 2024-02-14

RODEWAY INN

Rapid City, SD · 57701

$2,000,000

7(a)

PrinsBank2001-12-18

GEORGE MOTOR & SUPPLY COMPANY

Rapid City, SD · 57701

$2,000,000

7(a)

First National Bank2006-05-11

Diamond Hospitality LLC

Rapid City, SD · 57701

$1,946,000

504

Dakota Business Finance2014-06-04

1–25 of 500 (largest 500 of 1,211)

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