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Lake Agassiz Certified Develop

Fargo, ND 58103

SBA Certified Development Company
168
Loans Approved
$123.9M
Total Volume
$738K
Avg Loan Size
3
States Served

States Served

MinnesotaNorth DakotaSouth Dakota

Top Industries Financed

  • Offices of Dentists
  • Full-Service Restaurants
  • Landscaping Services
  • Hotels (except Casino Hotels) and Motels
  • Insurance Agencies and Brokerages

Quick Summary

Lake Agassiz Certified Develop is an SBA-certified Certified Development Company (CDC) headquartered in Fargo, North Dakota. Since 2010, they have approved 168 SBA 504 loans totaling $123.9M, with an average loan size of $738K. They serve businesses across 3 states.

About Lake Agassiz Certified Develop

Lake Agassiz Certified Develop is an SBA-certified Certified Development Company (CDC) headquartered in Fargo, North Dakota. Since 2010, they have approved 168 SBA 504 loans totaling $123.9M, with an average loan size of $738K. They serve businesses across 3 states.

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Frequently Asked Questions

What does Lake Agassiz Certified Develop do?

Lake Agassiz Certified Develop 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. Lake Agassiz Certified Develop handles the SBA-backed 40% portion of the financing structure.

How many SBA 504 loans has Lake Agassiz Certified Develop approved?

According to SBA FOIA public records, Lake Agassiz Certified Develop has approved 168 SBA 504 loans totaling $123.9M since 2010. Their average loan size is $738K.

What states does Lake Agassiz Certified Develop serve?

Lake Agassiz Certified Develop serves businesses in 3 states: Minnesota, North Dakota, South Dakota.

How do I apply for an SBA 504 loan through Lake Agassiz Certified Develop?

To apply for an SBA 504 loan through Lake Agassiz Certified Develop, 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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