53 SBA loans worth $27.8M went to businesses in West Fargo, ND between October 2021 and June 2026, from 18 lenders. Dakota Business Lending made the most, 9 loans. The median loan was $167,000, compared with $258,000 across North Dakota, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Dakota Business Lending Certified development company · Fargo, ND | 9 | $9.1M | $289,000 | 22% |
| 2 | Lake Agassiz Certified Development Certified development company · Fargo, ND | 8 | $6.2M | $690,000 | 25% |
| 3 | Bravera Bank Bank · Dickinson, ND | 6 | $350K | $60,000 | 83% |
| 4 | U.S. Bank Bank · Cincinnati, OH | 5 | $1.6M | $50,000 | 20% |
| 5 | Midwest Business Finance Certified development company · St. Cloud, MN | 3 | $2.7M | $843,000 | 0% |
| 6 | Old National Bank Bank · Evansville, IN | 3 | $2.4M | $817,000 | 100% |
| 7 | Bell Bank Bank · Fargo, ND | 3 | $2.2M | $150,000 | 33% |
| 8 | Town and Country CU Credit union · Minot, ND | 3 | $963K | $75,000 | 67% |
| 9 | Choice Financial Group Bank · Fargo, ND | 2 | $560K | $280,000 | 100% |
| 10 | Aspire Bank Bank · Fargo, ND | 2 | $275K | $137,500 | 50% |
| 11 | BankVista Bank · Sartell, MN | 2 | $250K | $125,000 | 0% |
| 12 | Capital Credit Union Credit union · Bismarck, ND | 1 | $360K | $360,000 | 0% |
| 13 | Dacotah Bank Bank · Aberdeen, SD | 1 | $182K | $182,000 | 100% |
| 14 | Cornerstone Bank Bank · Fargo, ND | 1 | $165K | $165,000 | 0% |
| 15 | First Western Bank & Trust Bank · Minot, ND | 1 | $160K | $160,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 9 | $200,000 | Bravera Bank | |
| Professional and technical services | 6 | $425,700 | Old National Bank | |
| Other services (repair, personal care) | 6 | $403,500 | Dakota Business Lending | |
| Manufacturing | 6 | $1,065,500 | Dakota Business Lending | |
| Restaurants and hotels | 4 | $116,000 | Bell Bank | |
| Arts, entertainment and recreation | 4 | $651,500 | Choice Financial Group | |
| Administrative and support services | 4 | $110,000 | Town and Country CU | |
| Health care and social assistance | 4 | $87,500 | BankVista |