North Dakota SBA Loan Data
9,164 loans totaling $2.4B across all SBA programs.
Total Loans
9,164
1991–2025
Total Volume
$2.4B
Gross approval amount
Avg Loan Size
$265K
Median: $117K
Avg Interest Rate
6.44%
Default rate: 7.3%
North Dakota Loan Status
Active11.7%
Paid in Full71.5%
Charged Off6.5%
Cancelled9.2%
Committed0.3%
Download State Data
Get the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
North Dakota Annual Lending Volume
Number of Loans per Year
Top Industries
Loan Size Distribution
Top Lenders in North Dakota
| Lender | Loans | Volume▼ | Avg Size | Avg Rate | Default Rate |
|---|---|---|---|---|---|
| Old National Bank | 659 | $146.0M | $221K | 5.82% | 6.3% |
| Bravera Bank | 682 | $101.2M | $148K | 6.14% | 6.0% |
| Wells Fargo Bank National Association | 543 | $96.9M | $178K | 7.59% | 8.3% |
| Alerus Financial, National Association | 239 | $70.2M | $294K | 6.03% | 8.8% |
| Choice Financial Group | 356 | $68.7M | $193K | 6.39% | 6.5% |
| U.S. Bank, National Association | 320 | $56.8M | $177K | 7.74% | 7.9% |
| First Western Bank & Trust | 237 | $55.8M | $235K | 5.71% | 4.2% |
| CORNERSTONE BANK | 61 | $48.8M | $800K | N/A | 8.3% |
| Bell Bank | 286 | $46.7M | $163K | 6.41% | 4.6% |
| BELL BANK | 56 | $46.6M | $832K | N/A | 0.0% |
| CHOICE FINANCIAL GROUP | 71 | $43.5M | $612K | N/A | 1.8% |
| Starion Bank | 363 | $43.4M | $120K | 5.77% | 6.2% |
| FIRST INTERNATIONAL BANK & TRUST | 62 | $41.8M | $674K | N/A | 0.0% |
| Bank Forward | 164 | $39.9M | $243K | 5.79% | 5.3% |
| OLD NATIONAL BANK | 48 | $39.5M | $822K | N/A | 0.0% |
| First International Bank & Trust | 207 | $37.9M | $183K | 6.61% | 7.6% |
| Capital CU | 244 | $31.1M | $127K | 6.13% | 0.5% |
| BRAVERA BANK | 39 | $29.0M | $743K | N/A | 6.5% |
| Aspire Bank | 113 | $24.6M | $218K | 5.62% | 1.9% |
| First Community CU | 122 | $24.3M | $199K | 5.72% | 19.0% |
| ALERUS FINANCIAL, NATIONAL ASSOCIATION | 23 | $24.1M | $1.0M | N/A | 0.0% |
| Frandsen Bank and Trust | 103 | $23.2M | $226K | 6.18% | 7.5% |
| BNC NATIONAL BANK | 27 | $22.6M | $837K | N/A | 0.0% |
| Red River State Bank | 45 | $22.1M | $491K | 5.26% | 0.0% |
| First State Bank & Trust | 95 | $21.9M | $231K | 6.39% | 10.3% |
Top Counties in North Dakota
| County | Loans | Volume▼ |
|---|---|---|
| Cass → | 2,628 | $771.5M |
| Burleigh → | 1,262 | $319.3M |
| Grand Forks → | 811 | $232.6M |
| Ward → | 623 | $167.4M |
| Williams → | 388 | $142.7M |
| Stark → | 363 | $97.9M |
| Morton → | 425 | $90.3M |
| Stutsman → | 124 | $50.0M |
| Ramsey → | 154 | $38.8M |
| Traill → | 176 | $38.4M |
| Richland → | 140 | $34.9M |
| Walsh → | 160 | $31.5M |
| Mountrail → | 58 | $31.5M |
| Mckenzie → | 54 | $30.4M |
| Mclean → | 104 | $22.3M |
| Bottineau → | 88 | $21.7M |
| Ransom → | 69 | $21.6M |
| Pembina → | 106 | $20.2M |
| Barnes → | 82 | $17.8M |
| Mercer → | 149 | $17.6M |
| Bowman → | 71 | $16.5M |
| Rolette → | 89 | $13.9M |
| Wells → | 64 | $13.7M |
| Foster → | 56 | $13.5M |
| Sargent → | 31 | $13.3M |
Showing 1–25 of 30
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