SBAPULSE

First District Development Company

Headquartered in Watertown, SD

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504 Lending (CDC)

Gross approval amounts (504 debenture)

FY2024 Volume

$3.1M

FY2024 Loans

6

$510K avg size

FY2022–FY2026 Volume

$21.6M

FY2022–FY2026 Loans

33

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2024

Low
High

Activity by State

1 state, districts, and territories with activity

#
1SD6$3.1M$510K

Source: SBA lender activity reports, data as of Jun 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.