| $1–2 million | NORTH CENTRAL HEART INSTITUTE, PA | SIOUX FALLS, SD | Great Western Bank |
| $150,000–350,000 | NORTH CENTRAL INSURANCE CENTER, INC | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $350,000–1 million | NORTH CENTRAL INTERNATIONAL OF SIOUX FALLS, INC. | SIOUX FALLS, SD | Bremer Bank, National Association |
| $350,000–1 million | NORTHERN TRUCK EQUIPMENT CORPO | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $150,000–350,000 | NORTHWEST CONCRETE CUTTING CORP | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $350,000–1 million | NYBERG'S ACE HARDWARE, INC. | SIOUX FALLS, SD | Great Western Bank |
| $2–5 million | O'CONNOR COMPANY | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $350,000–1 million | OHARA, LLC | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $150,000–350,000 | OLD ENGLISH BUILDING MAINTENANCE INC | SIOUX FALLS, SD | First PREMIER Bank |
| $1–2 million | OLSON OIL CO | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | OMEGAQUANT ANALYTICS LLC | SIOUX FALLS, SD | Heritage Bank, National Association |
| $350,000–1 million | OMNITECH, INC | SIOUX FALLS, SD | Security National Bank of South Dakota |
| $150,000–350,000 | ON THE HOUSE, INC. | SIOUX FALLS, SD | Bank Midwest |
| $1–2 million | OPHTHALMOLOGY LTD | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $150,000–350,000 | OPHTHALMOLOGY LTD EYE SURGERY CENTER, LLC | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $150,000–350,000 | ORANGE LODGING PARTNERS, LLC | SIOUX FALLS, SD | First Dakota National Bank |
| $2–5 million | ORTHOPEDIC INSTITUTE, PC | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | ORTHOTIC & PROSTHETIC SPECIALTIES INC | SIOUX FALLS, SD | U.S. Bank, National Association |
| $150,000–350,000 | OUR SAVIOR'S LUTHERAN CHURCH | SIOUX FALLS, SD | Great Western Bank |
| $150,000–350,000 | OUTDOOR GEAR INC | SIOUX FALLS, SD | First PREMIER Bank |
| $350,000–1 million | OVERHEAD DOOR COMPANY OF SIOUX FALLS INC | SIOUX FALLS, SD | First PREMIER Bank |
| $150,000–350,000 | OVERTIME, INC | SIOUX FALLS, SD | Plains Commerce Bank |
| $350,000–1 million | P & M STEEL COMPANY | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $150,000–350,000 | PANCAKES & MORE, INC. | SIOUX FALLS, SD | First Dakota National Bank |
| $150,000–350,000 | PANTHER GRAPHICS, LLC | SIOUX FALLS, SD | Dacotah Bank |
| $150,000–350,000 | PARADIGM COMMERCIAL CONSTRUCTION COMPANY | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | PARADIGM CONSTRUCTION LLC | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | PARTNER MEDICAL MANAGEMENT INC. | SIOUX FALLS, SD | Choice Financial Group |
| $150,000–350,000 | PARTNERS MEDICAL CONSULTING, LLC | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | PATRICK TRANSPORTATION SERVICES INC | SIOUX FALLS, SD | Sioux Falls FCU |
| $150,000–350,000 | PAUL FICK HOMES, INC | SIOUX FALLS, SD | Great Western Bank |
| $350,000–1 million | PAULSEN MARKETING INC. | SIOUX FALLS, SD | Great Western Bank |
| $150,000–350,000 | PAVE LLC | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $150,000–350,000 | PEACE LUTHERAN CHURCH | SIOUX FALLS, SD | Great Western Bank |
| $350,000–1 million | PESKA CONSTRUCTION, INC. | SIOUX FALLS, SD | Plains Commerce Bank |
| $150,000–350,000 | PFEIFER IMPLEMENT CO.,INC | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $150,000–350,000 | PHARMACY SPECIALTIES & CLINIC, INC. | SIOUX FALLS, SD | Central Bank |
| $350,000–1 million | PHYSICIANS LABORATORY, LTD. | SIOUX FALLS, SD | Great Western Bank |
| $150,000–350,000 | PIERRE'S BODY SHOP, INC. | SIOUX FALLS, SD | First Bank & Trust |
| $1–2 million | PIONEER ENTERPRISES INC. | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | PITTER PATTER PLAYHOUSE | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | PIVOT POWER, INC | SIOUX FALLS, SD | Security National Bank of South Dakota |
| $350,000–1 million | PLASTIC SURGERY ASSOCIATES OF SOUTH DAKOTA, LTD. | SIOUX FALLS, SD | Cornerstone Bank |
| $350,000–1 million | PRAIRIE AQUATECH MANUFACTURING, LLC | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | PRAIRIE AQUATECH, LLC | SIOUX FALLS, SD | First Bank & Trust |
| $350,000–1 million | PRAIRIE PASTA INC | SIOUX FALLS, SD | First Dakota National Bank |
| $350,000–1 million | PRAIRIE REHABILITATION SERVICES INC. | SIOUX FALLS, SD | Central Bank |
| $150,000–350,000 | PRAIRIE STATES TRUCKING, INC. | SIOUX FALLS, SD | Plains Commerce Bank |
| $150,000–350,000 | PRECIOUS PETS,LTD. | SIOUX FALLS, SD | First PREMIER Bank |
| $350,000–1 million | PREFORM SOLUTIONS, INC. | SIOUX FALLS, SD | Cornerstone Bank |
| $150,000–350,000 | PREMIER ENTERPRISES, INC. | SIOUX FALLS, SD | Partners Bank of California |
| $150,000–350,000 | PREMIER SYSTEMS INC. | SIOUX FALLS, SD | First Savings Bank |
| $350,000–1 million | PRIDE NEON, INC. | SIOUX FALLS, SD | First Dakota National Bank |
| $1–2 million | PRIMARY SURGICAL, INC. | SIOUX FALLS, SD | First Dakota National Bank |
| $150,000–350,000 | PRO-X BUILDERS INC | SIOUX FALLS, SD | First PREMIER Bank |
| $150,000–350,000 | PULMONARY AND SLEEP CONSULTANTS | SIOUX FALLS, SD | Great Western Bank |
| $1–2 million | PUSH PEDAL PULL, INC. | SIOUX FALLS, SD | Old National Bank |
| $150,000–350,000 | QUALITY CLAIMS SOLUTIONS, INC. | SIOUX FALLS, SD | Minnwest Bank |
| $150,000–350,000 | RAECO BUILDERS, LLC | SIOUX FALLS, SD | Security State Bank |
| $350,000–1 million | RECREATIONAL ADVENTURES CO | SIOUX FALLS, SD | Central Bank |
| $350,000–1 million | REGENCY HOTEL MANAGEMENT, LLC | SIOUX FALLS, SD | First Bank & Trust |
| $5–10 million | REGENCY MIDWEST VENTURES LIMITED PARTNERSHIP | SIOUX FALLS, SD | U.S. Bank, National Association |
| $350,000–1 million | RENEW ENERGY ELECTRICAL, LLC | SIOUX FALLS, SD | Great Western Bank |
| $2–5 million | RENEW ENERGY MAINTENANCE, LLC | SIOUX FALLS, SD | Great Western Bank |
| $150,000–350,000 | RENSBERGER TECHNOLOGIES, INC. | SIOUX FALLS, SD | Frontier Bank |
| $150,000–350,000 | RESCUE TEAM LLC | SIOUX FALLS, SD | First PREMIER Bank |
| $350,000–1 million | RETIREMENT, LLC | SIOUX FALLS, SD | Liberty National Bank |
| $150,000–350,000 | REYNOLDS CONSTRUCTION MANAGEMENT SERVICE | SIOUX FALLS, SD | American Bank & Trust |
| $150,000–350,000 | RHOADES ENTERPRISES, LLC | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $2–5 million | RISK ADMINISTRATION SERVICES, INC. | SIOUX FALLS, SD | CorTrust Bank National Association |
| $150,000–350,000 | RIVER CITY RESTAURANT LLC | SIOUX FALLS, SD | First Bank & Trust |
| $350,000–1 million | RIVER GREENWAY RESTAURANT, LLC | SIOUX FALLS, SD | Great Western Bank |
| $350,000–1 million | RL DRYWALL AND INSULATION, INC | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $150,000–350,000 | ROBERT JELLIS TRUCKING, INC | SIOUX FALLS, SD | Liberty National Bank |
| $350,000–1 million | RONNING ENTERPRISES, INC. | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | ROTO - ROOTER | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $150,000–350,000 | S.G. SWENSON AND SONS, INC. | SIOUX FALLS, SD | American Bank & Trust |
| $350,000–1 million | SAB BIOTHERAPEUTICS INC | SIOUX FALLS, SD | First PREMIER Bank |
| $150,000–350,000 | SAMUELSON DEVELOPMENT, LLC | SIOUX FALLS, SD | Great Western Bank |
| $1–2 million | SANDS DRYWALL, INC. | SIOUX FALLS, SD | Liberty National Bank |
| $150,000–350,000 | SANDTRAP, INC | SIOUX FALLS, SD | Bank Midwest |
| $350,000–1 million | SAYRE ASSOCIATES, INC. | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | SCHAAPS TRAVELAND INC | SIOUX FALLS, SD | Plains Commerce Bank |
| $350,000–1 million | SCHOENEMAN BROS. CO. | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $350,000–1 million | SCHOOL BUS, INC | SIOUX FALLS, SD | Plains Commerce Bank |
| $1–2 million | SCHULTE AUTOMOTIVE | SIOUX FALLS, SD | Plains Commerce Bank |
| $150,000–350,000 | SD FALLS HOMECARE LLC | SIOUX FALLS, SD | Independent Bank |
| $150,000–350,000 | SDL SERVICES, LLC | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $350,000–1 million | SELECT PAINTING, LLC | SIOUX FALLS, SD | Central Bank |
| $350,000–1 million | SENCORE, INC. | SIOUX FALLS, SD | Great Western Bank |
| $350,000–1 million | SENIOR CITIZENS SERVICES INC | SIOUX FALLS, SD | First PREMIER Bank |
| $350,000–1 million | SENPROCO, INC. | SIOUX FALLS, SD | First Bank & Trust |
| $150,000–350,000 | SENSATIONAL SMILES DENTISTRY PARTNERSHIP | SIOUX FALLS, SD | The First National Bank in Sioux Falls |
| $150,000–350,000 | SERVICE FIRST FIRE SPRINKLER, LLC | SIOUX FALLS, SD | American Bank & Trust |
| $150,000–350,000 | SFME INC | SIOUX FALLS, SD | West Bank |
| $1–2 million | SFP SERVICES INC | SIOUX FALLS, SD | Celtic Bank Corporation |
| $1–2 million | SHAWD NEIGHBORHOOD CLINIC MANAGEMENT | SIOUX FALLS, SD | First Dakota National Bank |
| $150,000–350,000 | SHENANIGAN'S PUB, INC. | SIOUX FALLS, SD | Central Bank |
| $150,000–350,000 | SHREE NATHJI, INC. | SIOUX FALLS, SD | First Dakota National Bank |
| $150,000–350,000 | SIGNATURE COMPANIES LLC | SIOUX FALLS, SD | First PREMIER Bank |