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North Dakota · Arts & Recreation
SBA loans for arts & recreation in North Dakota
106 loans worth $48.4M approved since FY2010 for arts, entertainment, and recreation projects located in North Dakota.
Loans
106
Approved
$48.4M
Median loan
$239,500
+5% vs sector nationally
Median rate
6.25%
Jobs supported
1,087
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 arts & recreation in North Dakota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Dakota Business Lending | 14 | $7.6M | |
| Old National Bank | 10 | $6.7M | |
| Lake Agassiz Certified Development Company | 6 | $5.8M | |
| Red River State Bank | 5 | $5.3M | |
| Midwest Business Finance Corporation | 4 | $4.4M | |
| Lewis & Clark Certified Development Company | 3 | $2.9M | |
| Choice Financial Group | 7 | $2.5M | |
| First Western Bank & Trust | 5 | $2.4M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for arts & recreation in North Dakota since FY2010 was $239,500. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in North Dakota
3,635 loans across every sector.
Arts & Recreation nationally
33,312 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to arts & recreation businesses in North Dakota?
- 106 SBA loans totalling $48,358,300 have been approved for arts, entertainment, and recreation projects in North Dakota since FY2010.
- Which lenders finance arts & recreation in North Dakota?
- The most active by dollars approved are Dakota Business Lending, Old National Bank, Lake Agassiz Certified Development Company, Red River State Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for arts & recreation in North Dakota?
- The median approval is $239,500.
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