North Dakota SBA Loan Data
9,164 loans totaling $2.4B across all SBA programs.
Total Loans
9,164
1992–2025
Total Volume
$2.4B
Gross approval amount
Avg Loan Size
$265K
Median: $117K
Avg Interest Rate
6.44%
Default rate: 7.3%
SBA Lending by County
Click any county to explore its loan data. Showing: Total Volume
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Counties in North Dakota
| Cass → | 2,628 | $771.5M | $294K |
| Burleigh → | 1,262 | $319.3M | $253K |
| Grand Forks → | 811 | $232.6M | $287K |
| Ward → | 623 | $167.4M | $269K |
| Williams → | 388 | $142.7M | $368K |
| Stark → | 363 | $97.9M | $270K |
| Morton → | 425 | $90.3M | $212K |
| Stutsman → | 124 | $50.0M | $403K |
| Ramsey → | 154 | $38.8M | $252K |
| Traill → | 176 | $38.4M | $218K |
| Richland → | 140 | $34.9M | $249K |
| Walsh → | 160 | $31.5M | $197K |
| Mountrail → | 58 | $31.5M | $543K |
| Mckenzie → | 54 | $30.4M | $564K |
| Mclean → | 104 | $22.3M | $215K |
| Bottineau → | 88 | $21.7M | $247K |
| Ransom → | 69 | $21.6M | $312K |
| Pembina → | 106 | $20.2M | $191K |
| Barnes → | 82 | $17.8M | $218K |
| Mercer → | 149 | $17.6M | $118K |
| Bowman → | 71 | $16.5M | $233K |
| Rolette → | 89 | $13.9M | $156K |
| Wells → | 64 | $13.7M | $213K |
| Foster → | 56 | $13.5M | $242K |
| Sargent → | 31 | $13.3M | $430K |
Showing 1–25 of 54
North Dakota Loan Status
North Dakota Loan Status showing Active: 11.7%, Paid in Full: 71.5%, Charged Off: 6.5%, Cancelled: 10%, Committed: 0.3%
Active11.7%
Paid in Full71.5%
Charged Off6.5%
Cancelled10%
Committed0.3%
Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.
North Dakota Annual Lending Volume
North Dakota Annual Lending Volume from 1992 to 2025
Number of Loans per Year
Number of Loans per Year from 1992 to 2025
Top Industries
Top Industries with 12 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Top Lenders in North Dakota
| Old National Bank | 707 | $185.4M | $262K | 5.82% | 5.9% |
| Bravera Bank | 721 | $130.2M | $181K | 6.14% | 6.1% |
| Choice Financial Group | 427 | $112.2M | $263K | 6.39% | 5.8% |
| Wells Fargo Bank National Association | 545 | $99.2M | $182K | 7.59% | 8.3% |
| Alerus Financial, National Association | 262 | $94.4M | $360K | 6.03% | 8.0% |
| Bell Bank | 342 | $93.3M | $273K | 6.41% | 3.9% |
| First International Bank & Trust | 269 | $79.7M | $296K | 6.61% | 6.0% |
| First Western Bank & Trust | 266 | $76.3M | $287K | 5.71% | 3.8% |
| Cornerstone Bank | 169 | $68.2M | $404K | 6.11% | 11.1% |
| Starion Bank | 396 | $60.8M | $153K | 5.77% | 5.7% |
| U.S. Bank, National Association | 324 | $57.8M | $178K | 7.74% | 7.8% |
| Bank Forward | 177 | $52.2M | $295K | 5.79% | 4.9% |
| BNC National Bank | 142 | $43.5M | $306K | 6.15% | 7.6% |
| First State Bank & Trust | 122 | $40.5M | $332K | 6.39% | 8.1% |
| Capital CU | 254 | $35.6M | $140K | 6.13% | 0.4% |
| Town and Country CU | 146 | $32.5M | $223K | 6.56% | 3.1% |
| BankNorth | 106 | $29.6M | $280K | 6.39% | 7.5% |
| Dakota Community Bank & Trust, National Association | 128 | $29.1M | $227K | 6.22% | 3.4% |
| Aspire Bank | 119 | $28.7M | $241K | 5.62% | 1.8% |
| Dacotah Bank | 99 | $28.4M | $286K | 6.59% | 5.4% |
| Western State Bank | 75 | $26.4M | $352K | 6.49% | 10.9% |
| First Community CU | 126 | $25.0M | $199K | 5.72% | 18.3% |
| Frandsen Bank and Trust | 105 | $25.0M | $238K | 6.18% | 7.5% |
| First United Bank | 120 | $23.8M | $198K | 7.25% | 14.0% |
| Red River State Bank | 45 | $22.1M | $491K | 5.26% | 0.0% |
Get the Data
Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
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