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
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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