SBA 7(a) lenders in Lawrence, SD
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
22 institutions have SBA 7(a) loans on record in Lawrence, together $49.5M across 150 loans. Wells Fargo Bank National Association is the largest, with 18% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 24 | $8.8M | 17.8% | 0.00% |
| 2 | First National Bank | 30 | $7.0M | 14.1% | 0.00% |
| 3 | First Interstate Bank | 26 | $6.2M | 12.5% | 0.00% |
| 4 | Pioneer Bank & Trust | 18 | $5.0M | 10.1% | 0.00% |
| 5 | Titan Bank, National Association | 1 | $5.0M | 10.1% | 0.00% |
| 6 | Greater Nevada CU | 2 | $4.9M | 10.0% | 0.00% |
| 7 | Legends West Bank | 1 | $2.3M | 4.6% | 0.00% |
| 8 | Farmers State Bank of Alto Pass, Illinois | 1 | $2.2M | 4.4% | 0.00% |
| 9 | FDIC - Community Bank & Trust-West Georgia | 1 | $1.7M | 3.5% | 0.00% |
| 10 | Northeast Bank | 7 | $1.2M | 2.5% | 0.00% |
| 11 | Stearns Bank National Association | 4 | $1.2M | 2.4% | 0.00% |
| 12 | Black Hills FCU | 18 | $1.1M | 2.3% | 0.00% |
| 13 | Highmark FCU | 7 | $1.0M | 2.1% | 0.00% |
| 14 | Black Hills Community Bank, National Association | 2 | $666K | 1.3% | 0.00% |
| 15 | Ameris Bank | 1 | $435K | 0.9% | 0.00% |
| 16 | Bravera Bank | 1 | $286K | 0.6% | 0.00% |
| 17 | Readycap Lending, LLC | 1 | $102K | 0.2% | 0.00% |
| 18 | Newtek Bank, National Association | 1 | $100K | 0.2% | 0.00% |
| 19 | BayFirst National Bank | 1 | $80K | 0.2% | 0.00% |
| 20 | Celtic Bank Corporation | 1 | $75K | 0.2% | 0.00% |
| 21 | U.S. Bank, National Association | 1 | $15K | 0.0% | 0.00% |
| 22 | VelocitySBA, LLC | 1 | $15K | 0.0% | 89.95% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Accommodation & food services | 27 | $16.9M | 34.0% |
| 2 | Retail trade | 7 | $7.9M | 16.0% |
| 3 | Construction | 32 | $7.1M | 14.3% |
| 4 | Health care & social assistance | 21 | $5.6M | 11.3% |
| 5 | Retail trade | 10 | $2.5M | 5.1% |
| 6 | Other services | 5 | $2.2M | 4.5% |
| 7 | Real estate & leasing | 5 | $1.4M | 2.9% |
| 8 | Arts, entertainment & recreation | 3 | $1.2M | 2.5% |
| 9 | Agriculture, forestry & fishing | 6 | $925K | 1.9% |
| 10 | Wholesale trade | 5 | $833K | 1.7% |
| 11 | Manufacturing | 4 | $730K | 1.5% |
| 12 | Information | 2 | $450K | 0.9% |
| 13 | Professional & technical services | 5 | $440K | 0.9% |
| 14 | Manufacturing | 5 | $404K | 0.8% |
| 15 | Administrative & waste services | 5 | $375K | 0.8% |
| 16 | Finance & insurance | 1 | $175K | 0.4% |
| 17 | Manufacturing | 3 | $170K | 0.3% |
| 18 | Transportation & warehousing | 3 | $101K | 0.2% |
| 19 | Management of companies | 1 | $60K | 0.1% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.