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Geography · SBA lending record

SBA lenders in North Dakota

444 SBA 7(a) loans in the last five years, from 78 different lenders. Here is who actually lends here.

Loans, last 5 years
444
Lent
$222.6M
last 5 fiscal years
Active lenders
78
wrote at least one loan
Typical loan
$178k
median approved
Default rate
1.2%
nationally 2.1%

Who lends here most

last 5 fiscal years
Lender Loans in NDTypical loan Typical rate
U.S. Bank, National Association40$30kP+3.74
Bravera Bank39$50kP+1.29
Town and Country CU · too few loans nationally for a page31$145kP+0.42
Old National Bank28$498kP+0.82
Choice Financial Group26$260kP+1.41
First Western Bank & Trust21$150kP+0.50
Bell Bank16$333kP+2.02
Alerus Financial, National Association16$1.1MP+1.27
Starion Bank · too few loans nationally for a page15$116kP+1.66
Aspire Bank · too few loans nationally for a page15$200kP+0.04

Volume is not quality — but a lender who does hundreds of deals in your state knows your market, and probably your industry too.

What gets funded here

by industry
Hotels (except Casino Hotels) and Motels
5%
Landscaping Services
4%
Full-Service Restaurants
3%
Limited-Service Restaurants
3%
Fitness and Recreational Sports Centers
3%
Beauty Salons
3%
Everything else
79%

How big the loans are

Under $150k
48%
$150k – $350k
23%
$350k – $750k
12%
$750k – $2M
11%
Over $2M
6%

If your need sits in a band that barely exists here, widen your search to national lenders rather than assuming nobody will do it.

Next

Compare all lenders → Check your eligibility → Find your industry →

Source SBA 7(a) FOIA Released 2026-06-30 Basis where the project is, not where the bank is

SBA lending in other states

States with comparable volume, plus the three largest markets.