SBA Loans in Summerset, SD

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

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Total SBA loans

all programs

Approved $

$4.5M

last 24 months

Avg loan

$344K

median $245K

Active lenders

approved here

Jobs supported

cumulative

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SUMMERSET · 13 LOANS

Top lenders in Summerset

Ally Dakota Development, Inc.

Black Hills FCU

Dakota Business Finance

BankWest, Inc

First National Bank

South Dakota Development Corporation

Top industries in Summerset

Continuing Care Retirement Communities

All Other Amusement and Recreation Industries

All Other Specialty Trade Contractors

Caterers

Drinking Places (Alcoholic Beverages)

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Loan records · Summerset, SD

13 records

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Borrower

Location

Program

Industry

Summerset Hospitality, LLC South Dakota Development Corporation

Summerset, SD

57718

$858,000

$429K

504

Hotels (except Casino Hotels) and Motels

2022-11-08

Black River RE, LLC Ally Dakota Development, Inc.

Summerset, SD

57718

$698,000

$233K

504

All Other Specialty Trade Contractors

2024-07-17

Caldwell Enterprises, Inc.BankWest, Inc

Summerset, SD

57718

$540,000

$135K

7(a)

Used Car Dealers

2011-10-21

Friendly Horizons of the Black Hills LLC Dakota Business Finance

Summerset, SD

57718

$452,000

$28K

504

Continuing Care Retirement Communities

2020-10-09

Run Wild Ally Dakota Development, Inc.

Summerset, SD

57718

$393,000

$197K

504

All Other Amusement and Recreation Industries

2025-08-22

AAA Dreams, LLC Ally Dakota Development, Inc.

Summerset, SD

57718

$371,000

$124K

504

Caterers

2023-01-23

SCHWAKE PROPERTIES, LLC Black Hills FCU

Summerset, SD

57718

$315,000

$20K

7(a)

Full-Service Restaurants

2023-07-11

Black Hills Marine, Inc.Ally Dakota Development, Inc.

Summerset, SD

57718

$306,000

$153K

504

Other Personal and Household Goods Repair and Maintenance

2016-12-08

ROOKIES Ally Dakota Development, Inc.

Summerset, SD

57718

$211,000

$35K

504

Drinking Places (Alcoholic Beverages)

2007-03-23

NEIGHBOR'S GRUB-n-PUB, LLC Black Hills FCU

Summerset, SD

57718

$96,000

$6K

7(a)

Limited-Service Restaurants

2021-10-22

Diamond Rocker, Inc.Black Hills FCU

Summerset, SD

57718

$80,000

$20K

7(a)

Roofing Contractors

2014-12-04

Friendly Horizons of the Black Hills LLC Dakota Business Finance

Summerset, SD

57718

$76,000

$5K

504

Continuing Care Retirement Communities

2022-01-19

KRAFTS HARDWARE First National Bank

Summerset, SD

57718

$73,000

$24K

7(a)

Hardware Stores

2007-03-16

Summerset Hospitality, LLC

Summerset, SD · 57718

$858,000

504

South Dakota Development Corporation$429K/job · 2022-11-08

Black River RE, LLC

Summerset, SD · 57718

$698,000

504

Ally Dakota Development, Inc.$233K/job · 2024-07-17

Caldwell Enterprises, Inc.

Summerset, SD · 57718

$540,000

7(a)

BankWest, Inc$135K/job · 2011-10-21

Friendly Horizons of the Black Hills LLC

Summerset, SD · 57718

$452,000

504

Dakota Business Finance$28K/job · 2020-10-09

Run Wild

Summerset, SD · 57718

$393,000

504

Ally Dakota Development, Inc.$197K/job · 2025-08-22

AAA Dreams, LLC

Summerset, SD · 57718

$371,000

504

Ally Dakota Development, Inc.$124K/job · 2023-01-23

SCHWAKE PROPERTIES, LLC

Summerset, SD · 57718

$315,000

7(a)

Black Hills FCU$20K/job · 2023-07-11

Black Hills Marine, Inc.

Summerset, SD · 57718

$306,000

504

Ally Dakota Development, Inc.$153K/job · 2016-12-08

ROOKIES

Summerset, SD · 57718

$211,000

504

Ally Dakota Development, Inc.$35K/job · 2007-03-23

NEIGHBOR'S GRUB-n-PUB, LLC

Summerset, SD · 57718

$96,000

7(a)

Black Hills FCU$6K/job · 2021-10-22

Diamond Rocker, Inc.

Summerset, SD · 57718

$80,000

7(a)

Black Hills FCU$20K/job · 2014-12-04

Friendly Horizons of the Black Hills LLC

Summerset, SD · 57718

$76,000

504

Dakota Business Finance$5K/job · 2022-01-19

KRAFTS HARDWARE

Summerset, SD · 57718

$73,000

7(a)

First National Bank$24K/job · 2007-03-16

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