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 10 SBA Lenders in North Dakota:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | VisionBank | Fargo, ND | 28 | $77,132 | 5.5% |
| 2 | Choice Financial Group | Fargo, ND | 24 | $172,076 | 5.7% |
| 3 | Capital CU | Bismarck, ND | 19 | $71,679 | 5.9% |
| 4 | BlackRidgeBANK | Fargo, ND | 16 | $206,751 | 6.5% |
| 5 | Bremer Bank | Saint Paul, MN | 16 | $217,175 | 5.4% |
| 6 | Wells Fargo | Sioux Falls, SD | 15 | $446,147 | 7.6% |
| 7 | U.S. Bank | Cincinnati, OH | 10 | $218,720 | 7.9% |
| 8 | Starion Bank | Bismarck, ND | 8 | $192,763 | 6.5% |
| 9 | Aspire Financial | Hatton, ND | 7 | $163,429 | 5.8% |
| 10 | Bank Forward | Hannaford, ND | 4 | $358,625 | 5.8% |