North Dakota · Manufacturing
SBA loans for manufacturing in North Dakota
71 loans worth $35.7M approved since FY2010 for manufacturing projects located in North Dakota.
Loans
71
Approved
$35.7M
Median loan
$150,000
-25% vs sector nationally
Median rate
6.00%
Jobs supported
894
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 manufacturing in North Dakota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Dakota Business Lending | 14 | $15.7M | |
| Lewis & Clark Certified Development Company | 2 | $5.7M | |
| Lake Agassiz Certified Development Company | 3 | $3.7M | |
| First State Bank | 2 | $2.5M | |
| Old National Bank | 2 | $2.0M | |
| Bell Bank | 4 | $1.1M | |
| Dakota Western Bank | 2 | $850K | |
| First Western Bank & Trust | 8 | $662K |
Detail
Which industries inside the sector
All SBA lending in North Dakota
3,635 loans across every sector.
Manufacturing nationally
21,271 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to manufacturing businesses in North Dakota?
- 71 SBA loans totalling $35,735,600 have been approved for manufacturing projects in North Dakota since FY2010.
- Which lenders finance manufacturing in North Dakota?
- The most active by dollars approved are Dakota Business Lending, Lewis & Clark Certified Development Company, Lake Agassiz Certified Development Company, First State Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for manufacturing in North Dakota?
- The median approval is $150,000, 25% below the national median for this sector ($200,000).
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