Last annual update:
A number of North Dakota-based banks were among the largest lenders to “The Peace Garden State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in North Dakota:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | VisionBank | Fargo, ND | 24 | $94,383 | 6.1% |
| 2 | Bremer Bank | Saint Paul, MN | 18 | $302,411 | 6.4% |
| 3 | Capital CU | Bismarck, ND | 17 | $117,659 | 6.3% |
| 4 | Choice Financial Group | Fargo, ND | 11 | $415,618 | 5.9% |
| 5 | Bank of Glen Ullin | Glen Ullin, ND | 10 | $293,500 | 6.2% |
| 6 | U.S. Bank | Cincinnati, OH | 9 | $121,689 | 7.5% |
| 7 | Aspire Financial | Fargo, ND | 7 | $157,143 | 6.3% |
| 8 | BlackRidgeBANK | Fargo, ND | 6 | $150,000 | 6.6% |
| 9 | Bell Bank | Fargo, ND | 5 | $102,500 | 6.2% |
| 10 | First Home Bank | Seminole, FL | 4 | $249,000 | 7.6% |