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County7th of 41 in North Dakota by approvalsFIPS 38059
SBA loans in Morton County, North Dakota
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 30 loans to businesses in Morton County, North Dakota, in FY2021 to FY2025, worth $11.0M: 20 under 7(a) and 10 under 504.
That is 33.5 approvals per 1,000 business establishments (895 establishments in 2023), close to the North Dakota figure of 37.8 and below the national 41.0.
It ranks 7th of 41 North Dakota counties with approvals. In FY2025 there were 4.
10 lenders had approvals here; the most active were First Western Bank & Trust (6), Lewis & Clark Certified Development Company (5) and Dakota Business Lending (5). The most common industry was offices of other health practitioners.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Morton County
By number of approvals to businesses in the county, FY2021–FY2025; 10 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | First Western Bank & TrustMinot, ND | 6 | $1.3M | 20.0% | |
| 2 | Lewis & Clark Certified Development CompanyMandan, ND · CDC | 5 | $4.0M | 16.7% | |
| 3 | Dakota Business LendingFargo, ND · CDC | 5 | $3.4M | 16.7% | |
| 4 | Capital Credit UnionBismarck, ND | 4 | $195K | 13.3% | |
| 5 | U.S. Bank, National AssociationCincinnati, OH | 3 | $101K | 10.0% | |
| 6 | Security First Bank of North DakotaNew Salem, ND | 2 | — | 6.7% | |
| 7 | Union State Bank of HazenHazen, ND | 2 | — | 6.7% | |
| 8 | Alerus Financial, National AssociationGrand Forks, ND | 1 | — | 3.3% | |
| 9 | Ultima Bank MinnesotaWinger, MN | 1 | — | 3.3% | |
| 10 | Starion BankBismarck, ND | 1 | — | 3.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Offices of Other Health PractitionersNAICS 6213 | 8 | 26.7% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 10.0% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 3 | 10.0% | |
| 4 | Child Day Care ServicesNAICS 6244 | 2 | 6.7% | |
| 5 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 6.7% | |
| 6 | Offices of DentistsNAICS 6212 | 1 | 3.3% | |
| 7 | Machinery, Equipment, and Supplies Merchant WholesalersNAICS 4238 | 1 | 3.3% | |
| 8 | Legal ServicesNAICS 5411 | 1 | 3.3% | |
| 9 | Cattle Ranching and FarmingNAICS 1121 | 1 | 3.3% | |
| 10 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 1 | 3.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 11 | 36.7% | |
| 2 | Accommodation and Food Services | 5 | 16.7% | |
| 3 | Construction | 5 | 16.7% | |
| 4 | Professional, Scientific, and Technical Services | 3 | 10.0% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 3 | 10.0% | |
| 6 | Wholesale Trade | 1 | 3.3% | |
| 7 | Agriculture, Forestry, Fishing and Hunting | 1 | 3.3% | |
| 8 | Real Estate and Rental and Leasing | 1 | 3.3% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 1 | — | — | 0 | — | 1 | 4 |
| FY2025 | 2 | — | — | 2 | — | 4 | 8 |
| FY2024 | 4 | $608K | $157K | 0 | — | 4 | 21 |
| FY2023 | 3 | $172K | $61K | 2 | — | 5 | 39 |
| FY2022 | 4 | $1.3M | $105K | 3 | $2.5M | 7 | 100 |
| FY2021 | 7 | $1.4M | $100K | 3 | $755K | 10 | 69 |
| FY2020 | 6 | $1.4M | $258K | 4 | $6.8M | 10 | 113 |
| FY2019 | 11 | $4.0M | $350K | 0 | — | 11 | 78 |
| FY2018 | 21 | $5.1M | $250K | 3 | $2.5M | 24 | 147 |
| FY2017 | 13 | $1.3M | $55K | 1 | — | 14 | 106 |
| FY2016 | 11 | $1.5M | $80K | 2 | — | 13 | 77 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 72 approvals.
Against North Dakota and the country
| FY2021–FY2025 | Morton County | North Dakota | United States |
|---|---|---|---|
| Approvals | 30 | 960 | 342,825 |
| Approvals per 1,000 establishments | 33.5 | 37.8 | 41.0 |
| Median 7(a) approval | $65K | $195K | $190K |
| Median 504 approval | $569K | $478K | $657K |
| Average approval | $368K | $568K | $573K |
| 504 share of approvals | 33.3% | 33.9% | 11.0% |
| Jobs supported per approval, as reported | 7.9 | 9.7 | 10.5 |
| Share of state approvals | 3.1% | 100.0% | — |
Approval sizes
- $50,000 or less26.7%8
- $50,001 to $150,00023.3%7
- $150,001 to $350,00026.7%8
- $350,001 to $1 million10.0%3
- $1 million to $2 million13.3%4
Age of the businesses
- Existing, more than 2 years old56.7%17
- New business, 2 years or less20.0%6
- Startup, loan funds will open the business20.0%6
- Change of ownership3.3%1
Questions and answers
Which lenders make the most SBA loans in Morton County?
By approvals in FY2021 to FY2025: First Western Bank & Trust (6), Lewis & Clark Certified Development Company (5), Dakota Business Lending (5), Capital Credit Union (4), U.S. Bank, National Association (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Morton County?
The median 7(a) approval was $65K and the median 504 approval $569K; the North Dakota 7(a) median was $195K.
Which industries get the most SBA loans in Morton County?
Offices of Other Health Practitioners (8); Restaurants and Other Eating Places (3); Services to Buildings and Dwellings (3); Child Day Care Services (2); Foundation, Structure, and Building Exterior Contractors (2).
Is SBA lending in Morton County rising?
Approvals in the three latest complete fiscal years total 13, against 27 in the three before: falling (-52%).
How does Morton County compare with the rest of North Dakota?
33.5 approvals per 1,000 establishments against 37.8 statewide, and 30 of the state's 960 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error