SBA Loans for Agriculture & Fishing in North Dakota
Since fiscal year 2021, at least 8 lenders made 15 SBA loans to Agriculture & Fishing businesses in North Dakota. These are the most active, based on public SBA data.
Most active SBA lenders for Agriculture & Fishing in North Dakota
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Red River State Bank Halstad, MN | 8 | $1,235,033 | 0% | 7(a) |
| 2 | Capital Credit Union Bismarck, ND | 1 | $172,152 | 83% | 7(a), Express |
| 3 | Aspire Bank Fargo, ND | 1 | $313,234 | 28% | 7(a), Express |
| 4 | First United Bank Park River, ND | 1 | $2,624,450 | 50% | 7(a) |
| 5 | Frandsen Bank and Trust Arden Hills, MN | 1 | $1,043,290 | 30% | 7(a), Express |
| 6 | Ultima Bank Minnesota Winger, MN | 1 | $434,000 | 20% | 7(a), Express |
| 7 | Newtek Small Business Finance, Inc. Lake Success, NY | 1 | $709,625 | 0% | 7(a) |
| 8 | Alerus Financial, National Association Grand Forks, ND | 1 | $1,154,896 | 12% | 7(a), Express |
Related guide: What Is an SBA Loan and How Does It Work?
Other industries in North Dakota
- Construction105 loans
- Restaurants & Lodging96 loans
- Retail Stores89 loans
- Personal Services & Repair69 loans
- Health Care61 loans
- Cleaning, Landscaping & Admin49 loans
- Professional Services45 loans
- Trucking & Transportation36 loans
← All SBA lenders in North Dakota
Frequently asked questions
Which lenders make the most SBA loans to Agriculture & Fishing businesses in North Dakota?
Based on public SBA data, the most active were Red River State Bank, Capital Credit Union, Aspire Bank.
How many SBA loans did Agriculture & Fishing businesses get in North Dakota?
15 SBA loans since fiscal year 2021, from at least 8 different lenders.
Which SBA loan fits a Agriculture & Fishing business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.