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County4th of 41 in North Dakota by approvalsFIPS 38105
SBA loans in Williams 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.
Businesses in Williams County, North Dakota, received 63 SBA loan approvals worth $34.8M in FY2021 to FY2025 (34 7(a), 29 504).
That is 38.1 approvals per 1,000 business establishments (1,652 establishments in 2023), close to the North Dakota figure of 37.8 and close to the national 41.0.
It ranks 4th of 41 North Dakota counties with approvals. In FY2025 there were 16, up 60% on FY2024.
20 lenders had approvals here; the most active were Lewis & Clark Certified Development Company (17), Dakota Business Lending (12) and U.S. Bank, National Association (11). The most common industry was support activities for mining.
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 Williams County
By number of approvals to businesses in the county, FY2021–FY2025; 20 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Lewis & Clark Certified Development CompanyMandan, ND · CDC | 17 | $8.9M | 27.0% | |
| 2 | Dakota Business LendingFargo, ND · CDC | 12 | $5.7M | 19.0% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 11 | $365K | 17.5% | |
| 4 | First State Bank & TrustWilliston, ND | 4 | $3.2M | 6.3% | |
| 5 | First State BankBuxton, ND | 2 | — | 3.2% | |
| 6 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 3.2% | |
| 7 | American State Bank and Trust Company of WillistonWilliston, ND | 2 | — | 3.2% | |
| 8 | Old National BankEvansville, IN | 1 | — | 1.6% | |
| 9 | CIBM BankChampaign, IL | 1 | — | 1.6% | |
| 10 | First Western SBLC, LLCDallas, TX | 1 | — | 1.6% | |
| 11 | Stearns Bank National AssociationSaint Cloud, MN | 1 | — | 1.6% | |
| 12 | Pathward National AssociationSioux Falls, SD | 1 | — | 1.6% | |
| 13 | Newtek Bank, National AssociationMiami, FL | 1 | — | 1.6% | |
| 14 | Mortgage Capital Development CorporationOakland, CA | 1 | — | 1.6% | |
| 15 | The Huntington National BankColumbus, OH | 1 | — | 1.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Support Activities for MiningNAICS 2131 | 9 | 14.3% | |
| 2 | Other Specialty Trade ContractorsNAICS 2389 | 5 | 7.9% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 6.3% | |
| 4 | Specialized Freight TruckingNAICS 4842 | 4 | 6.3% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 6.3% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 4 | 6.3% | |
| 7 | Personal Care ServicesNAICS 8121 | 3 | 4.8% | |
| 8 | Clothing StoresNAICS 4481 | 2 | 3.2% | |
| 9 | Nonmetallic Mineral Mining and QuarryingNAICS 2123 | 2 | 3.2% | |
| 10 | Services to Buildings and DwellingsNAICS 5617 | 2 | 3.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Mining, Quarrying, and Oil and Gas Extraction | 11 | 17.5% | |
| 2 | Construction | 11 | 17.5% | |
| 3 | Retail Trade | 9 | 14.3% | |
| 4 | Other Services (except Public Administration) | 7 | 11.1% | |
| 5 | Accommodation and Food Services | 5 | 7.9% | |
| 6 | Transportation and Warehousing | 5 | 7.9% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 4 | 6.3% | |
| 8 | Manufacturing | 3 | 4.8% |
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* | 3 | $3.0M | $250K | 6 | $3.1M | 9 | 65 |
| FY2025 | 10 | $6.6M | $280K | 6 | $4.8M | 16 | 268 |
| FY2024 | 6 | $5.7M | $150K | 4 | $1.8M | 10 | 108 |
| FY2023 | 3 | $1.3M | $185K | 3 | $3.4M | 6 | 34 |
| FY2022 | 6 | $3.3M | $410K | 7 | $1.6M | 13 | 90 |
| FY2021 | 9 | $3.4M | $95K | 9 | $3.0M | 18 | 144 |
| FY2020 | 9 | $4.1M | $458K | 7 | $3.7M | 16 | 151 |
| FY2019 | 10 | $3.6M | $200K | 7 | $2.7M | 17 | 162 |
| FY2018 | 6 | $5.2M | $325K | 11 | $4.2M | 17 | 191 |
| FY2017 | 8 | $3.6M | $200K | 1 | — | 9 | 65 |
| FY2016 | 3 | $625K | $130K | 0 | — | 3 | 19 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 62 approvals.
Against North Dakota and the country
| FY2021–FY2025 | Williams County | North Dakota | United States |
|---|---|---|---|
| Approvals | 63 | 960 | 342,825 |
| Approvals per 1,000 establishments | 38.1 | 37.8 | 41.0 |
| Median 7(a) approval | $170K | $195K | $190K |
| Median 504 approval | $297K | $478K | $657K |
| Average approval | $553K | $568K | $573K |
| 504 share of approvals | 46.0% | 33.9% | 11.0% |
| Jobs supported per approval, as reported | 10.2 | 9.7 | 10.5 |
| Share of state approvals | 6.6% | 100.0% | — |
Approval sizes
- $50,000 or less17.5%11
- $50,001 to $150,00014.3%9
- $150,001 to $350,00028.6%18
- $350,001 to $1 million23.8%15
- $1 million to $2 million11.1%7
- Over $2 million4.8%3
Age of the businesses
- Existing, more than 2 years old66.7%42
- New business, 2 years or less14.3%9
- Startup, loan funds will open the business14.3%9
- Change of ownership4.8%3
Questions and answers
Which lenders make the most SBA loans in Williams County?
By approvals in FY2021 to FY2025: Lewis & Clark Certified Development Company (17), Dakota Business Lending (12), U.S. Bank, National Association (11), First State Bank & Trust (4), First State Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Williams County?
The median 7(a) approval was $170K and the median 504 approval $297K; the North Dakota 7(a) median was $195K.
Which industries get the most SBA loans in Williams County?
Support Activities for Mining (9); Other Specialty Trade Contractors (5); Restaurants and Other Eating Places (4); Specialized Freight Trucking (4); Automotive Repair and Maintenance (4).
Is SBA lending in Williams County rising?
Approvals in the three latest complete fiscal years total 32, against 47 in the three before: falling (-32%).
How does Williams County compare with the rest of North Dakota?
38.1 approvals per 1,000 establishments against 37.8 statewide, and 63 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