North Dakota · Agriculture
SBA loans for agriculture in North Dakota
127 loans worth $71.7M approved since FY2010 for agriculture, forestry, fishing and hunting projects located in North Dakota.
Loans
127
Approved
$71.7M
Median loan
$280,100
+40% vs sector nationally
Median rate
5.75%
Jobs supported
503
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to agriculture in North Dakota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Capital Credit Union | 31 | $11.4M | |
| Red River State Bank | 20 | $11.2M | |
| The Union Bank | 35 | $9.3M | |
| Lake Agassiz Certified Development Company | 7 | $8.4M | |
| First United Bank | 1 | $5.0M | |
| Frandsen Bank and Trust | 1 | $4.3M | |
| Byline Bank | 1 | $4.2M | |
| Dakota Western Bank | 3 | $3.0M |
Detail
Which industries inside the sector
All SBA lending in North Dakota
3,635 loans across every sector.
Agriculture nationally
13,339 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to agriculture businesses in North Dakota?
- 127 SBA loans totalling $71,749,500 have been approved for agriculture, forestry, fishing and hunting projects in North Dakota since FY2010.
- Which lenders finance agriculture in North Dakota?
- The most active by dollars approved are Capital Credit Union, Red River State Bank, The Union Bank, Lake Agassiz Certified Development Company. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for agriculture in North Dakota?
- The median approval is $280,100, 40% above the national median for this sector ($200,000).
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