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North Dakota · Transportation
SBA loans for transportation in North Dakota
192 loans worth $49.9M approved since FY2010 for transportation and warehousing projects located in North Dakota.
Loans
192
Approved
$49.9M
Median loan
$109,500
+71% vs sector nationally
Median rate
6.25%
Jobs supported
1,797
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 transportation in North Dakota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Dakota Business Lending | 18 | $9.4M | |
| Midwest Business Finance Corporation | 2 | $5.3M | |
| Lake Agassiz Certified Development Company | 3 | $4.1M | |
| Lewis & Clark Certified Development Company | 5 | $3.3M | |
| U.S. Bank | 19 | $2.3M | |
| Aspire Bank | 12 | $2.2M | |
| Bravera Bank | 6 | $2.2M | |
| Security First Bank of North Dakota | 1 | $2.2M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for transportation in North Dakota since FY2010 was $109,500. 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.
Transportation nationally
49,317 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to transportation businesses in North Dakota?
- 192 SBA loans totalling $49,923,000 have been approved for transportation and warehousing projects in North Dakota since FY2010.
- Which lenders finance transportation in North Dakota?
- The most active by dollars approved are Dakota Business Lending, Midwest Business Finance Corporation, Lake Agassiz Certified Development Company, Lewis & Clark Certified Development Company. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for transportation in North Dakota?
- The median approval is $109,500, 71% above the national median for this sector ($64,000).
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