Dacotah Bank approved 22 SBA loans worth $12.8M between October 2021 and June 2026, ranking #861 of 2,283 SBA lenders nationally by loan count. Its median loan was $273,750, and 55% went to startups or businesses under two years old. It lent in 3 states, most often in South Dakota, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| South Dakota | 12 | $8.8M | $330,000 | #16 |
| North Dakota | 9 | $3.9M | $182,000 | #21 |
| Minnesota | 1 | $135K | $135,000 | #255 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 5 | $182,000 | |
| Construction | 4 | $877,000 | |
| Transportation and warehousing | 4 | $546,750 | |
| Manufacturing | 4 | $407,500 | |
| Arts, entertainment and recreation | 3 | $126,000 | |
| Professional and technical services | 2 | $350,000 |