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SBA Loans in Watertown, SD

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

Total SBA loans
265
all programs
Approved $
$91.9M
last 24 months
Avg loan
$347K
median $245K
Active lenders
43
approved here
Jobs supported
1,798
cumulative

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WATERTOWN · 265 LOANS

Top lenders in Watertown

Ally Dakota Development, Inc.
71
First PREMIER Bank
36
Wells Fargo Bank National Association
32
First Interstate Bank
29
First Bank & Trust
13
Plains Commerce Bank
8

Top industries in Watertown

Hotels (except Casino Hotels) and Motels
9
Full-Service Restaurants
8
Electrical Contractors
7
Farm and Garden Machinery and Equipment Merchant Wholesalers
7
"Automotive Body, Paint, and Interior Repair and Maintenance"
6
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Loan records · Watertown, SD
265 records
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DEJ CONSULTING AND ENTERPRISES LLC
Watertown, SD · 57201
$2,877,800
7(a)
First Bank & Trust$959K/job · 2022-09-30
Parkside Place LLC
Watertown, SD · 57201
$2,601,400
7(a)
Red River State Bank$2.6M/job · 2021-03-15
S8WTSD LLC.
Watertown, SD · 57201
$2,221,500
7(a)
Celtic Bank Corporation$202K/job · 2021-06-30
Discover Properties, LLC
Watertown, SD · 57201
$2,125,000
7(a)
Wells Fargo Bank National Association$92K/job · 2024-08-30
COKO Properties, LLC
Watertown, SD · 57201
$1,904,000
7(a)
North Valley Bank$476K/job · 2018-07-24
SYRCO ENTERPRISES LLC
Watertown, SD · 57201
$1,799,500
7(a)
First Bank & Trust$82K/job · 2022-10-03
ELWTSD LLC.
Watertown, SD · 57201
$1,765,000
7(a)
Celtic Bank Corporation$196K/job · 2021-06-30
Schilken Family Investments, LLC
Watertown, SD · 57201
$1,720,000
7(a)
Red River State Bank$1.7M/job · 2021-06-02
SUPERIOR HOMES, LLC
Watertown, SD · 57201
$1,666,600
7(a)
First Interstate Bank$18K/job · 2009-05-08
SUPERIOR HOMES, LLC
Watertown, SD · 57201
$1,666,600
7(a)
First Interstate Bank$18K/job · 2009-05-07
Schilken Family Investments, LLC
Watertown, SD · 57201
$1,612,500
7(a)
Red River State Bank$1.6M/job · 2021-05-20
NW HARTFORD LLC
Watertown, SD · 57201
$1,572,500
7(a)
BankUnited, National Association$79K/job · 2014-10-22
Generations on 1st LLC
Watertown, SD · 57201
$1,565,200
7(a)
Red River State Bank$1.6M/job · 2021-03-15
Travas J. Uthe
Watertown, SD · 57201
$1,237,000
504
Ally Dakota Development, Inc.$124K/job · 2017-10-05
Freedom Enterprises Inc.
Watertown, SD · 57201
$1,215,000
7(a)
Newtek Small Business Finance, Inc.$81K/job · 2019-12-12
Sinclair Land & Cattle L.L.C.
Watertown, SD · 57201
$1,208,000
504
Ally Dakota Development, Inc.$60K/job · 2013-02-01
HOME OASIS, LLC
Watertown, SD · 57201
$1,188,000
504
Dakota Business Finance$594K/job · 2025-06-02
Discover Properties, LLC
Watertown, SD · 57201
$1,148,000
504
Ally Dakota Development, Inc.$287K/job · 2023-04-12
SBLV SOUTH DAKOTA LLC
Watertown, SD · 57201
$1,127,800
7(a)
First Bank & Trust$141K/job · 2025-05-23
Modern Ag LLC
Watertown, SD · 57201
$1,110,000
7(a)
Customers Bank$370K/job · 2023-12-21
Crockers LLC
Watertown, SD · 57201
$1,100,000
7(a)
Celtic Bank Corporation$183K/job · 2015-03-19
Crockers LLC
Watertown, SD · 57201
$1,100,000
7(a)
Celtic Bank Corporation$183K/job · 2015-03-20
MARUTI LLC
Watertown, SD · 57201
$1,017,000
504
Dakota Business Finance$1.0M/job · 2024-03-13
EMPIRE LODGING MANAGEMENT, INC
Watertown, SD · 57201
$1,000,000
504
Ally Dakota Development, Inc.$33K/job · 2003-04-09
FLV Properties LLC
Watertown, SD · 57201
$979,000
504
South Dakota Development Corporation$109K/job · 2020-11-03
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