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  • Find me a PPP lender
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Top SBA Lenders – SBA Loans North Dakota

Published by sbalenders On February 26, 2020

Last annual update: Jan 11, 2021

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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:

Most active SBA banks near me in North Dakota

State RankBankBank Headquarters# of LoansAvg LoanAvg Interest
1U.S. BankCincinnati, OH24$99,8428.3%
2VisionBankFargo, ND14$114,6936.7%
3Bremer BankSaint Paul, MN11$312,9827.2%
4Choice Financial GroupFargo, ND10$648,4707.1%
5Capital CUBismarck, ND10$83,7606.5%
6Aspire FinancialFargo, ND8$248,7506.1%
7Bank of Glen UllinGlen Ullin, ND7$329,2866.5%
8Wells FargoSioux Falls, SD5$738,7006.8%
9Stearns BankSaint Cloud, MN4$1,603,2507.7%
10Red River State BankHalstad, MN4$103,5506.7%
11First Community CUJamestown, ND3$271,6676.8%
12Town and Country CUMinot, ND3$88,2009.4%

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North Dakota PPP lenders (loans <$150,000)

RankBank# PPP Loans
1Gate City Bank1,076
2First International Bank & Trust1,040
3Bremer Bank1,020
4Bell Bank950
5Choice Financial Group817
6Bank Forward621
7AgCountry Farm Credit Service534
8Dakota Community Bank & Trust533
9American Bank Center530
10Cornerstone Bank428

North Dakota PPP lenders (loans >$150,000)

RankBank# PPP Loans
1First International Bank & Trust251
2Bell Bank225
3Bremer Bank187
4Alerus Financial103
5Choice Financial Group99
6Cornerstone Bank98
7American Bank Center94
8Starion Bank74
9BNC National Bank68
10Dakota Community Bank & Trust58

Note: North Dakota PPP loan activity data from the CARES Act from March – August and does not include Heals/Heroes Act PPP loans.

Categories: News Tags: North Dakota
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Top SBA Lenders - SBA Loans North Dakota