54 SBA loans worth $23.6M went to businesses in Minot, ND between October 2021 and June 2026, from 16 lenders. Dakota Business Lending made the most, 18 loans. The median loan was $211,500, compared with $258,000 across North Dakota, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Dakota Business Lending Certified development company · Fargo, ND | 18 | $7.5M | $346,500 | 28% |
| 2 | Town and Country CU Credit union · Minot, ND | 14 | $1.5M | $100,000 | 64% |
| 3 | U.S. Bank Bank · Cincinnati, OH | 4 | $90K | $15,050 | 75% |
| 4 | Northeast Bank Bank · Portland, ME | 3 | $390K | $150,000 | 0% |
| 5 | Commonwealth Business Bank Bank · Los Angeles, CA | 2 | $4.3M | $2,135,500 | 0% |
| 6 | First Western SBLC Non-bank lender · Dallas, TX | 2 | $2.4M | $1,184,500 | 0% |
| 7 | Lake Agassiz Certified Development Certified development company · Fargo, ND | 2 | $941K | $470,500 | 0% |
| 8 | Shoreham Bank Bank · Warwick, RI | 1 | $2.5M | $2,525,000 | 0% |
| 9 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $2.3M | $2,325,000 | 0% |
| 10 | Wallis Bank Bank · Wallis, TX | 1 | $532K | $531,500 | 0% |
| 11 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $419K | $418,900 | 0% |
| 12 | Grasshopper Bank Bank · New York, NY | 1 | $350K | $350,000 | 0% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 14 | Dacotah Bank Bank · Aberdeen, SD | 1 | $126K | $126,000 | 100% |
| 15 | First Command Bank Bank · Fort Worth, TX | 1 | $65K | $65,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 14 | $478,950 | Town and Country CU | |
| Retail | 10 | $189,000 | Dakota Business Lending | |
| Other services (repair, personal care) | 6 | $398,500 | Dakota Business Lending | |
| Health care and social assistance | 5 | $564,000 | Dakota Business Lending | |
| Professional and technical services | 4 | $250,000 | BayFirst National Bank | |
| Construction | 4 | $70,000 | U.S. Bank | |
| Arts, entertainment and recreation | 3 | $126,000 | U.S. Bank | |
| Administrative and support services | 2 | $32,550 | U.S. Bank |