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SBA 7(a) record
Black Hills Credit Union: SBA 7(a) loans made
Black Hills Credit Union, a credit union based in Rapid City, SD, made 28 SBA 7(a) loans in the 36 months ending September 30, 2026, $6M in all, net of cancelled approvals. The typical loan was about $60K, and 7 were in the last 12 months. Most were in South Dakota.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 28
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $5.99M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $60K
- SBA FOIA,
- Largest loan
- $2.1M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 7
- SBA FOIA,
Cite this
Source: The Lender Report, Black Hills Credit Union: SBA 7(a) loans made, https://lender.report/lender/black-hills-credit-union-sd/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Jul 2026 | South Dakota | SBA 7(a), Professional, Scientific, and Technical Services | $210K | 9.5% | 7 yr | SBA FOIA | |
| Jun 2026 | South Dakota | SBA 7(a), Other Services (except Public Administration) | $42K | 8.25% | 7 yr | SBA FOIA | |
| Apr 2026 | South Dakota | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $40K | 8.25% | 5 yr | SBA FOIA | |
| Mar 2026 | South Dakota | SBA 7(a), Landscaping Services | $150K | 9.25% | 7 yr | SBA FOIA | |
| Mar 2026 | South Dakota | SBA 7(a), Fitness and Recreational Sports Centers | $78K | 8.25% | 5 yr | SBA FOIA | |
| Feb 2026 | South Dakota | SBA 7(a), Mobile Food Services | $45K | 8.5% | 7 yr | SBA FOIA | |
| Dec 2025 | South Dakota | SBA 7(a), Health Care and Social Assistance | $30K | 9% | 6 yr | SBA FOIA | |
| Jul 2025 | South Dakota | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $270K | 7.75% | 5 yr | SBA FOIA | |
| Dec 2024 | South Dakota | SBA 7(a), Drinking Places (Alcoholic Beverages) | $740K | 11% | 10 yr | SBA FOIA | |
| Oct 2024 | South Dakota | SBA 7(a), Retail Trade | $95K | 10% | 6 yr | SBA FOIA | |
| Sep 2024 | South Dakota | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $110K | 11% | 10 yr | SBA FOIA | |
| Sep 2024 | South Dakota | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $20K | 11% | 5 yr | SBA FOIA | |
| Jul 2024 | South Dakota | SBA 7(a), Ornamental and Architectural Metal Work Manufacturing | $110K | 10.5% | 10 yr | SBA FOIA | |
| Jul 2024 | South Dakota | SBA 7(a), Ornamental and Architectural Metal Work Manufacturing | $50K | 10.5% | 10 yr | SBA FOIA | |
| Jul 2024 | South Dakota | SBA 7(a), Ornamental and Architectural Metal Work Manufacturing | $34K | 7.75% | 6 yr | SBA FOIA | |
| Jul 2024 | South Dakota | SBA 7(a), Ornamental and Architectural Metal Work Manufacturing | $4.6K | 9.75% | 5 yr | SBA FOIA | |
| Jun 2024 | South Dakota | SBA 7(a), Retail Trade | $1M | 9% | 10 yr | SBA FOIA | |
| May 2024 | South Dakota | SBA 7(a), Other Services (except Public Administration) | $230K | 8% | 25 yr | SBA FOIA | |
| May 2024 | South Dakota | SBA 7(a), Professional, Scientific, and Technical Services | $25K | 10.5% | 10 yr | SBA FOIA | |
| May 2024 | South Dakota | SBA 7(a), Other Services (except Public Administration) | $10K | 10.5% | 5 yr | SBA FOIA | |
| Mar 2024 | South Dakota | SBA 7(a), Fitness and Recreational Sports Centers | $46K | 11.5% | 10 yr | SBA FOIA | |
| Feb 2024 | South Dakota | SBA 7(a), Other Services (except Public Administration) | $2.1M | 8.5% | 10 yr | SBA FOIA | |
| Feb 2024 | South Dakota | SBA 7(a), Snack and Nonalcoholic Beverage Bars | $140K | 10.5% | 10 yr | SBA FOIA | |
| Jan 2024 | South Dakota | SBA 7(a), Snack and Nonalcoholic Beverage Bars | $210K | 11% | 10 yr | SBA FOIA | |
| Jan 2024 | South Dakota | SBA 7(a), Construction | $50K | 9.5% | 10 yr | SBA FOIA | |
| 28 SBA 7(a) loans since October 2023, net of cancelled | $5.99M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| South Dakota | 28 | $5.99M |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 20 | $1.08M |
| $150K to $350K | 5 | $1.07M |
| $350K to $1M | 1 | $740K |
| $1M to $2.5M | 2 | $3.10M |
| $2.5M or more | 0 | $0 |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 2 | $110K |
| 2024 Q1 | 6 | $2.59M |
| 2024 Q2 | 4 | $1.26M |
| 2024 Q3 | 6 | $329K |
| 2024 Q4 | 2 | $835K |
| 2025 Q3 | 1 | $270K |
| 2025 Q4 | 1 | $30.0K |
| 2026 Q1 | 3 | $273K |
| 2026 Q2 | 2 | $82.0K |
| 2026 Q3 | 1 | $210K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| Other Services (except Public Administration) | 5 |
| Administrative and Support and Waste Management and Remediation Services | 4 |
| Ornamental and Architectural Metal Work Manufacturing (332323) | 4 |
| Snack and Nonalcoholic Beverage Bars (722515) | 3 |
| Drinking Places (Alcoholic Beverages) (722410) | 2 |
| Fitness and Recreational Sports Centers (713940) | 2 |
| Professional, Scientific, and Technical Services | 2 |
| Retail Trade | 2 |
| Construction | 1 |
| Health Care and Social Assistance | 1 |
| Landscaping Services (561730) | 1 |
| Mobile Food Services (722330) | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| SBA Express Program | 22 |
| 7a General | 6 |
- Black Hills Credit Union made 28 SBA 7(a) loans totaling $6M in the 36 months ending September 30, 2026, net of cancelled approvals, in 1 state. SBA FOIA,
- 7 of them were in the 12 months to September 30, 2026, and 3 in the 12 months before. SBA FOIA,
- The typical loan was about $60K, with the middle half between $40K and $210K. SBA FOIA,
- The largest was about $2.1M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 20 loans were under $150K, and 2 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 9.75% on 28 loans, with the middle half between 8.50% and 11.00%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to Other Services (except Public Administration), with 5. SBA FOIA,
- The SBA file lists 22 of its loans as processed under SBA Express Program. SBA FOIA,
- Its loans were most often in South Dakota (28). SBA FOIA,
What we don't know
- Whether Black Hills Credit Union is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.