South Dakota Small Business
Small businesses are an integral part of South Dakota's economy. Current Small Business Administration statistics show that there are around 84,440 small businesses in South Dakota, making up an roughly 99% of all South Dakota based businesses!
With a workforce of no less than 207,088 employees, small businesses thrive in the Mount Rushmore State. During the most recent notable financial year, lending institutions gave out 14,222 loans (under $100,000) that totaled to around $256.4 million. Financial analysis shows that South Dakota is one of the best places for small business owners to grow their businesses.
Whatever your situation may be, SBA-backed loans are extremely useful for any small business in South Dakota, and SBAExpress.Loans is standing by to provide you with all the help you need to get the financing your small business needs. And it's not just us; many of the major SBA-approved lending partners like Wells Fargo, JP Morgan Chase Bank, and Truist (formerly SunTrust) have branches statewide to service your SBA Express loan needs. Let us help get you connected today!