Lake Agassiz Certified Development approved 52 SBA loans worth $42.1M between October 2021 and June 2026, ranking #550 of 2,283 SBA lenders nationally by loan count. Its median loan was $568,500, and 15% went to startups or businesses under two years old. It lent in 3 states, most often in North Dakota, and its most financed industry was other services (repair, personal care).
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| North Dakota | 48 | $39.8M | $552,500 | #3 |
| Minnesota | 3 | $1.6M | $711,000 | #172 |
| South Dakota | 1 | $721K | $721,000 | #53 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 8 | $448,500 | |
| Health care and social assistance | 7 | $564,000 | |
| Professional and technical services | 7 | $377,000 | |
| Construction | 7 | $685,000 | |
| Agriculture, forestry and fishing | 4 | $597,000 | |
| Retail | 4 | $384,500 | |
| Manufacturing | 3 | $2,196,000 | |
| Arts, entertainment and recreation | 3 | $907,000 | |
| Restaurants and hotels | 3 | $296,000 | |
| Finance and insurance | 2 | $418,500 |