Mount Rushmore
August 27, 2020

Stotts Joins BHCED as Loan Officer

RAPID CITY, SD 8.27.20 - The Board of Directors of Black Hills Community Economic Development (BHCED) is pleased to announce that Sydney Stotts has joined the organization as a loan officer. In this position, she works with BHCED Executive Director Fran White in administering the U.S. Small Business Administration’s (SBA) 504 business lending program.

Stotts is a Rapid City native with a bachelor’s degree in Business Management from Black Hills State University. Prior to coming to BHCED, she was an internet director in the automotive industry. Stotts states, “I was looking for a new challenge, and am thrilled that this opportunity will allow me to help grow small businesses in the area I call home.” 

“We are pleased to welcome Sydney to our lending team,” said White. “Her education, enthusiasm, and desire to see businesses thrive will contribute to the continued success of our partnerships with local lenders and the SBA 504 program.”

Black Hills Community Economic Development is a non-profit economic development organization formed to foster economic development, create and preserve jobs, and stimulate growth of small businesses in our region. It is one of only four SBA Certified Development Companies in South Dakota. To date, BHCED has supported the growth of 1,922 jobs and nearly $300 million in business investments.

For more information, contact:

Fran White, BHCED Executive Director

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