States › North Dakota › FY2026
FY2026 to date1 Oct 2025 – 30 Jun 2026
SBA loans in North Dakota, FY2026
That fiscal year's approvals by lender and by county.
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.
So far in FY2026 (1 October 2025 to 30 Jun 2026) SBA approved 98 loans in North Dakota: 65 under 7(a) and 33 under 504, worth $62.9M.
The fiscal year is still open, so these counts will grow with each quarterly release.
North Dakota accounted for 0.2% of the 45,283 approvals nationwide that year. 34 lenders had at least one approval in the state; Lake Agassiz Certified Development Company had the most, 13.
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.
Approvals by lender
The 34 lenders with the most approvals to North Dakota businesses in FY2026, of 34 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2025 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Lake Agassiz Certified Development Company | 504 | 13 | $9.9M | 13.3% | 11 | — |
| 2 | Dakota Business Lending | 504 | 12 | $9.0M | 12.2% | 26 | — |
| 3 | U.S. Bank, National Association | 7(a) | 8 | $313K | 8.2% | 13 | — |
| 4 | Town and Country CU | 7(a) | 7 | $1.7M | 7.1% | 10 | — |
| 5 | Alerus Financial, National Association | 7(a) | 6 | $6.1M | 6.1% | 2 | — |
| 6 | Lewis & Clark Certified Development Company | 504 | 6 | $3.5M | 6.1% | 13 | — |
| 7 | Bell Bank | 7(a) | 4 | $1.6M | 4.1% | 4 | — |
| 8 | Cornerstone Bank | 7(a) | 4 | $940K | 4.1% | 3 | — |
| 9 | Union State Bank of Hazen | 7(a) | 4 | $245K | 4.1% | 1 | — |
| 10 | Newtek Bank, National Association | 7(a) | 3 | $3.0M | 3.1% | 4 | — |
| 11 | Commonwealth Business Bank | 7(a) | 2 | — | 2.0% | 0 | — |
| 12 | First Western Bank & Trust | 7(a) | 2 | — | 2.0% | 4 | — |
| 13 | Midwest Business Finance Corporation | 504 | 2 | — | 2.0% | 5 | — |
| 14 | Bravera Bank | 7(a) | 2 | — | 2.0% | 7 | — |
| 15 | BankVista | 7(a) | 2 | — | 2.0% | 0 | — |
| 16 | Hometown Credit Union | 7(a) | 2 | — | 2.0% | 2 | — |
| 17 | Security First Bank of North Dakota | 7(a) | 2 | — | 2.0% | 1 | — |
| 18 | Everwise Credit Union | 7(a) | 1 | — | 1.0% | 0 | — |
| 19 | Peoples Bank | 7(a) | 1 | — | 1.0% | 0 | — |
| 20 | Shoreham Bank | 7(a) | 1 | — | 1.0% | 0 | — |
| 21 | Port 51 Lending LLC | 7(a) | 1 | — | 1.0% | 1 | — |
| 22 | Centerstone SBA Lending, Inc. | 7(a) | 1 | — | 1.0% | 0 | — |
| 23 | Choice Financial Group | 7(a) | 1 | — | 1.0% | 8 | — |
| 24 | Wells Fargo Bank National Association | 7(a) | 1 | — | 1.0% | 3 | — |
| 25 | Aspire Bank | 7(a) | 1 | — | 1.0% | 2 | — |
| 26 | Live Oak Banking Company | 7(a) | 1 | — | 1.0% | 0 | — |
| 27 | Grasshopper Bank National Association | 7(a) | 1 | — | 1.0% | 1 | — |
| 28 | Frandsen Bank and Trust | 7(a) | 1 | — | 1.0% | 2 | — |
| 29 | Lendistry SBLC, LLC | 7(a) | 1 | — | 1.0% | 0 | — |
| 30 | Northeast Bank | 7(a) | 1 | — | 1.0% | 7 | — |
| 31 | Celtic Bank Corporation | 7(a) | 1 | — | 1.0% | 1 | — |
| 32 | Colony Bank | 7(a) | 1 | — | 1.0% | 0 | — |
| 33 | Starion Bank | 7(a) | 1 | — | 1.0% | 1 | — |
| 34 | Readycap Lending, LLC | 7(a) | 1 | — | 1.0% | 5 | — |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2025 | Change |
|---|---|---|---|---|---|---|
| 1 | Cass County | 43 | $26.9M | 43.9% | 78 | — |
| 2 | Ward County | 12 | $8.7M | 12.2% | 12 | — |
| 3 | Burleigh County | 9 | $10.6M | 9.2% | 19 | — |
| 4 | Williams County | 9 | $6.1M | 9.2% | 16 | — |
| 5 | Grand Forks County | 6 | $3.0M | 6.1% | 11 | — |
| 6 | Stark County | 4 | $3.2M | 4.1% | 8 | — |
| 7 | Mercer County | 4 | $245K | 4.1% | 3 | — |
| 8 | McKenzie County | 3 | $2.7M | 3.1% | 4 | — |
| 9 | Dunn County | 2 | — | 2.0% | 3 | — |
| 10 | Morton County | 1 | — | 1.0% | 4 | — |
| 11 | Ransom County | 1 | — | 1.0% | 0 | — |
| 12 | Cavalier County | 1 | — | 1.0% | 0 | — |
| 13 | Emmons County | 1 | — | 1.0% | 2 | — |
| 14 | Mountrail County | 1 | — | 1.0% | 5 | — |
| 15 | Benson County | 1 | — | 1.0% | 0 | — |
FY2026 against FY2025
| North Dakota | FY2026 to date | FY2025 |
|---|---|---|
| 7(a) approvals | 65 | 132 |
| 7(a) dollars | $39.5M | $101M |
| Median 7(a) approval | $180K | $228K |
| 504 approvals | 33 | 56 |
| 504 dollars | $23.5M | $45.8M |
| Jobs supported, as reported | 1,168 | 1,836 |
Questions and answers
Which lenders made the most SBA loans in North Dakota in FY2026?
Lake Agassiz Certified Development Company (13), Dakota Business Lending (12), U.S. Bank, National Association (8), Town and Country CU (7), Alerus Financial, National Association (6). 34 lenders had at least one approval.
How many SBA loans were approved in North Dakota in FY2026?
98 to 30 Jun 2026: 65 under 7(a) worth $39.5M and 33 under 504 worth $23.5M.
Which North Dakota counties had the most SBA approvals in FY2026?
Cass County (43), Ward County (12), Burleigh County (9), Williams County (9), Grand Forks County (6).
When does FY2026 start and end?
The federal fiscal year 2026 runs from 1 October 2025 to 30 September 2026. The files used here stop at 30 Jun 2026.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error