North Dakota · Finance & Insurance
SBA loans for finance & insurance in North Dakota
43 loans worth $16.3M approved since FY2010 for finance and insurance projects located in North Dakota.
Loans
43
Approved
$16.3M
Median loan
$206,000
+3% vs sector nationally
Median rate
5.75%
Jobs supported
194
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 finance & insurance in North Dakota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Dakota Business Lending | 11 | $7.3M | |
| Live Oak Banking Company | 3 | $1.8M | |
| Choice Financial Group | 2 | $1.3M | |
| Old National Bank | 2 | $1.2M | |
| First Western Bank & Trust | 2 | $1.0M | |
| Lake Agassiz Certified Development Company | 5 | $841K | |
| Lewis & Clark Certified Development Company | 4 | $802K | |
| Northeast Bank | 1 | $500K |
Detail
Which industries inside the sector
All SBA lending in North Dakota
3,635 loans across every sector.
Finance & Insurance nationally
18,357 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to finance & insurance businesses in North Dakota?
- 43 SBA loans totalling $16,324,400 have been approved for finance and insurance projects in North Dakota since FY2010.
- Which lenders finance finance & insurance in North Dakota?
- The most active by dollars approved are Dakota Business Lending, Live Oak Banking Company, Choice Financial Group, Old National Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for finance & insurance in North Dakota?
- The median approval is $206,000.
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