STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
290
2010–2026
Total Volume
$64M
Gross loan amounts
States Active
3
With recorded loans
Programs
7(a) & 504
290 total segments
Black Hills FCU has a strong focus on startups, with 56% of their deals going to new businesses. This is significantly higher than the typical lender, making them a great choice for first-time entrepreneurs.
With an average 7(a) spread of P+2.05%, Black Hills FCU offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Despite a solid volume of $64M in SBA loans, Black Hills FCU has seen a significant decline of 52% in their year-over-year growth trend. This may indicate potential challenges in securing funding from them in the future.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 34 504 loans, which use fixed SBA debenture rates.
States where Black Hills FCU has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Auto Repair & Maintenance
Other Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Transportation & Warehousing
Transportation & Warehousing
Other Health Practitioners
Health Care & Social Assistance
Miscellaneous Retail
Retail Trade
Social Assistance
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for Black Hills FCU, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| South Dakota · Restaurants & Food Service · Under $150K | 7(a) | 23 | P+2.75% | $59K | Q1 2024 |
| South Dakota · Specialty Trade Contractors · Under $150K | 7(a) | 17 | P+2.75% | $57K | Q1 2024 |
| South Dakota · Auto Repair & Maintenance · Under $150K | 7(a) | 15 | P+2.75% | $47K | Q4 2023 |
| South Dakota · Transportation & Warehousing · Under $150K | 7(a) | 14 | P+3.13% | $62K | Q2 2022 |
| South Dakota · Manufacturing · Under $150K | 7(a) | 13 | P+2.00% | $38K | Q3 2024 |
| South Dakota · Administrative & Waste Services · Under $150K | 7(a) | 12 | P+3.00% | $73K | Q3 2024 |
| South Dakota · Other Health Practitioners · Under $150K | 7(a) | 11 | P+2.25% | $60K | Q3 2023 |
| South Dakota · Other Repair & Services · Under $150K | 7(a) | 9 | P+3.25% | $55K | Q3 2022 |
| South Dakota · Restaurants & Food Service · $150K – $350K | 7(a) | 8 | P+1.50% | $288K | Q1 2024 |
| South Dakota · Retail Trade · Under $150K | 7(a) | 7 | P+2.25% | $69K | Q3 2022 |
| South Dakota · Miscellaneous Retail · Under $150K | 7(a) | 7 | P+2.00% | $42K | Q4 2024 |
| South Dakota · Wholesale Trade · Under $150K | 7(a) | 6 | P+1.88% | $58K | Q3 2023 |
| South Dakota · Social Assistance · Under $150K | 7(a) | 6 | P+2.50% | $56K | Q4 2025 |
| South Dakota · Real Estate · Under $150K | 7(a) | 6 | P+2.88% | $62K | Q1 2022 |
| South Dakota · Restaurants & Food Service · $350K – $500K | 7(a) | 6 | P+1.50% | $425K | Q3 2023 |
| South Dakota · Personal Care (Salons, Spas) · Under $150K | 7(a) | 6 | P+2.75% | $51K | Q4 2022 |
| South Dakota · Restaurants & Food Service · $500K – $1M | 7(a) | 4 | P+2.13% | $593K | Q4 2024 |
| South Dakota · Information & Media · Under $150K | 7(a) | 3 | P+2.25% | $77K | Q3 2013 |
| South Dakota · Manufacturing · $150K – $350K | 7(a) | 3 | P+2.75% | $233K | Q1 2023 |
| South Dakota · Management & IT Consulting · Under $150K | 7(a) | 3 | P+3.25% | $22K | Q2 2024 |
| South Dakota · Social Assistance · $350K – $500K | 7(a) | 3 | P+2.20% | $438K | Q3 2020 |
| South Dakota · General Merchandise · Under $150K | 7(a) | 3 | P+2.75% | $71K | Q2 2014 |
| South Dakota · Arts, Entertainment & Recreation · Under $150K | 7(a) | 3 | P+2.75% | $40K | Q1 2024 |
| South Dakota · Food & Beverage Stores · Under $150K | 7(a) | 3 | P+1.00% | $39K | Q2 2023 |
| South Dakota · Social Assistance · Under $150K | 504 | 2 | — | $95K | Q1 2021 |
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