SBA 7(a) lenders in Meade, SD
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
16 institutions have SBA 7(a) loans on record in Meade, together $25.7M across 129 loans. Wells Fargo Bank National Association is the largest, with 33% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 22 | $8.6M | 33.3% | 7.70% |
| 2 | First Interstate Bank | 37 | $6.5M | 25.2% | 6.53% |
| 3 | Black Hills FCU | 40 | $3.2M | 12.6% | 4.77% |
| 4 | Highmark FCU | 10 | $2.9M | 11.4% | 0.00% |
| 5 | First National Bank | 7 | $2.1M | 8.1% | 0.00% |
| 6 | Enterprise Bank & Trust | 1 | $602K | 2.3% | 0.00% |
| 7 | BankWest, Inc | 1 | $540K | 2.1% | 0.00% |
| 8 | 5Star Bank | 1 | $350K | 1.4% | 0.00% |
| 9 | Pioneer Bank & Trust | 2 | $330K | 1.3% | 0.00% |
| 10 | BayFirst National Bank | 1 | $140K | 0.5% | 0.00% |
| 11 | Reliabank Dakota | 1 | $130K | 0.5% | 63.66% |
| 12 | 1st Financial Bank USA | 1 | $116K | 0.5% | 0.00% |
| 13 | Capital Credit Union | 2 | $90K | 0.4% | 0.00% |
| 14 | Security First Bank | 1 | $70K | 0.3% | 0.00% |
| 15 | Home Federal Bank | 1 | $23K | 0.1% | 0.00% |
| 16 | U.S. Bank, National Association | 1 | $13K | 0.1% | 0.00% |
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 | Other services | 27 | $4.8M | 18.5% |
| 2 | Accommodation & food services | 12 | $4.0M | 15.5% |
| 3 | Manufacturing | 11 | $2.7M | 10.6% |
| 4 | Construction | 25 | $2.4M | 9.3% |
| 5 | Administrative & waste services | 5 | $2.3M | 9.1% |
| 6 | Retail trade | 6 | $2.1M | 8.1% |
| 7 | Manufacturing | 5 | $1.7M | 6.7% |
| 8 | Retail trade | 8 | $1.6M | 6.4% |
| 9 | Transportation & warehousing | 9 | $1.6M | 6.1% |
| 10 | Health care & social assistance | 7 | $856K | 3.3% |
| 11 | Professional & technical services | 4 | $550K | 2.1% |
| 12 | Mining & extraction | 1 | $350K | 1.4% |
| 13 | Utilities | 2 | $310K | 1.2% |
| 14 | Arts, entertainment & recreation | 3 | $238K | 0.9% |
| 15 | Management of companies | 1 | $90K | 0.4% |
| 16 | Wholesale trade | 2 | $65K | 0.3% |
| 17 | Real estate & leasing | 1 | $50K | 0.2% |
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.