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Limited-Service Restaurants: SBA acquisition loans in South Dakota
6 SBA-financed business acquisitions in South Dakota classified as Limited-Service Restaurants, FY2024–FY2026. Median loan $813K. See which lenders did them.
- Acquisitions financed
- 6
- Total approved
- $5.4M
- Median loan
- $813K
- Middle half of loans
- $612K to $994K
- Median starting rate
- 8.69%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 6 recorded approvals in FY2024–FY2026. For a broader comparison, open the South Dakota state profile or the national industry profile.
Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | First Bank & Trust | 3 | 50% | $1.0M | $3.1M |
| 2 | Northwest Bank | 1 | 17% | $978K | $978K |
| 3 | The First National Bank in Sioux Falls | 1 | 17% | $648K | $648K |
| 4 | First Dakota National Bank | 1 | 17% | $600K | $600K |
For comparison, the same industry nationwide: 826 loans, median $414K, median starting rate 9.50%. See Limited-Service Restaurants in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.