All rankings · Q2 2026 only · April–June 2026 · FOIA as of 2026-06-30

SBA 7(a) lender rankings in Q2 2026

Banks, credit unions, and nonbank lenders ranked by GrossApproval for April–June 2026.

$7.64B approved nationwide across 14,357 loans. Change the period to compare another quarter, half, year, or the entire window.

2020202120222023202420252026

Quarterly: Q2 2026 — April 1 – June 30, 2026.

Q2 2026 approved

$15.7M

0.2% of U.S. Q2 2026 volume

Loans in Q2 2026

30

Avg $522K

Average loan

$522K

GrossApproval / loan count

Jobs supported

307

SBA reported, Q2 2026

Monthly approvals in Q2 2026 · South Dakota

April–June 2026 only.

Top SBA 7(a) lenders in Q2 2026

Ranked by GrossApproval in South Dakota · April–June 2026 · Click a lender to filter this page

#LenderTypeLoansApprovedAvg loan
1First Interstate BankCommunity bank2$4.2M$2.1M
2First Bank & TrustCommunity bank3$2.3M$756K
3The First National Bank in Sioux FallsCommunity bank5$1.9M$372K
4Mabrey BankCommunity bank1$1.8M$1.8M
5First National BankCommunity bank1$1.3M$1.3M
6U.S. Bank, National AssociationBig bank4$893K$223K
7Enterprise Bank & TrustCommunity bank1$602K$602K
8Minnwest BankCommunity bank1$551K$551K
9Live Oak Banking CompanyCommunity bank1$350K$350K
10Grasshopper Bank National AssociationCommunity bank1$295K$295K
11Northeast BankCommunity bank1$295K$295K
12First Savings BankCommunity bank1$280K$280K
13Frontier BankCommunity bank1$280K$280K
14Stearns Bank National AssociationCommunity bank1$212K$212K
15Dacotah BankCommunity bank1$200K$200K
16Celtic Bank CorporationCommunity bank1$150K$150K
17Black Hills FCUCredit union2$82K$41K
18Pioneer Bank & TrustCommunity bank1$49K$49K
19American Bank and TrustCommunity bank1$19K$19K

Lender type mix in Q2 2026

FDIC-insured banks vs NCUA credit unions vs nonbank/fintech names. Q2 2026 only.

  • Community bank$14.7M · 93.8%
  • Big bank$893K · 5.7%
  • Credit union$82K · 0.5%

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“South Dakota SBA 7(a) approvals totaled $15.7M in Q2 2026 — Resource SBA 7(a) Lending.”

Methodology & data source

This page includes calendar Q2 2026 only. Loan-level SBA 7(a) FOIA approvals are filtered by ApprovalDate; loans from every other quarter in the extract are ignored. Dollar volume is GrossApproval. Lender identity is grouped by FDIC certificate or NCUA charter when present, otherwise by a normalized lender name. Industry cuts use 2-digit NAICS sectors (31–33 manufacturing, 44–45 retail, and 48–49 transportation are collapsed). Geography uses ProjectState / ProjectCounty (where the funded project is located), not the lender headquarters. ZIP rankings use BorrZip (borrower mailing ZIP), which can differ from the project county. Rows without a positive GrossApproval or parseable ApprovalDate are excluded from all rollups. Missing NAICS codes are bucketed as Unclassified. This dataset contains approved loans only — it cannot support an approval-rate statistic. Individual borrower names and addresses are not published.

Period
Q2 2026
As of
June 30, 2026
Loans in Q2 2026
14,357
Coverage
April 1, 2026 – June 30, 2026

373,981 loans in the FOIA extract fell outside Q2 2026 and were ignored in this view.

Within Q2 2026, no rows were dropped for missing GrossApproval, lender identity, NAICS, or project state. Unclassified NAICS (if any) remain in totals and are labeled explicitly.

  • Only Q2 2026 approvals are published on this page. Other quarters in the FOIA CSV are dropped before ranking.
  • SBA updates the FOIA extract quarterly; drop the new CSV in src/app/documents/sba7aloandata/ and re-run npm run sba-lending:build.
  • Franchise names are sparse; brands with fewer than 10 loans in the quarter (3 in a state cut) are omitted from the franchise table.
  • County drill-downs cover the top project counties in a state. ZIP tables are top borrower ZIPs, not a full ZIP census.

Source: U.S. Small Business Administration FOIA 7(a) loan-level dataset · File FOIA_7a_FY2020_Present_asof_260630.csv. Last built September 11, 2026. Resource SBA 7(a) Lending in Q2 2026.