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Dakota Business Lending

Fargo, ND 58104

SBA Certified Development Company
697
Loans Approved
$476.7M
Total Volume
$684K
Avg Loan Size
5
States Served

States Served

ArizonaMinnesotaMontanaNorth DakotaSouth Dakota

Top Industries Financed

  • Hotels (except Casino Hotels) and Motels
  • Full-Service Restaurants
  • Limited-Service Restaurants
  • Offices of Dentists
  • General Automotive Repair

Quick Summary

Dakota Business Lending is an SBA-certified Certified Development Company (CDC) headquartered in Fargo, North Dakota. Since 2010, they have approved 697 SBA 504 loans totaling $476.7M, with an average loan size of $684K. They serve businesses across 5 states.

About Dakota Business Lending

Dakota Business Lending is an SBA-certified Certified Development Company (CDC) headquartered in Fargo, North Dakota. Since 2010, they have approved 697 SBA 504 loans totaling $476.7M, with an average loan size of $684K. They serve businesses across 5 states.

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Frequently Asked Questions

What does Dakota Business Lending do?

Dakota Business Lending is an SBA-certified Certified Development Company (CDC) based in Fargo, North Dakota. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Dakota Business Lending handles the SBA-backed 40% portion of the financing structure.

How many SBA 504 loans has Dakota Business Lending approved?

According to SBA FOIA public records, Dakota Business Lending has approved 697 SBA 504 loans totaling $476.7M since 2010. Their average loan size is $684K.

What states does Dakota Business Lending serve?

Dakota Business Lending serves businesses in 5 states: Arizona, Minnesota, Montana, North Dakota, South Dakota.

How do I apply for an SBA 504 loan through Dakota Business Lending?

To apply for an SBA 504 loan through Dakota Business Lending, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.

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