SBA 504 Loan Program

The goal of the SBA 504 program is to create and retain jobs through long-term financing of real estate and equipment at a fixed, below-market interest rate.

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Amount

Maximum: $5,500,000

Resource Provider
Founded in 1982, Dakota Business Lending is the oldest, largest, and most experienced 504 CDC in North Dakota. The mission of this private, not-for-profit entity is to build lasting relationships and drive economic growth by being the premier small business resource in our footprint. Along with business financing programs, Dakota Business Lending also offers several resources to help small businesses start, grow, and expand such as the Entrepreneur District and ACTIVATE.
Resource Type
Loan
Location
All
Purpose
Business Acquisition, Debt Refinancing, Equipment, Leasehold Improvements, Real Estate, Renovation to Real Estate
Industry
Agriculture, Childcare, Communications, Communities, Construction, Energy, Ethanol, Exporting, Finance, Food Service, Healthcare, High Growth, Hospitality, Information Technology, Manufacturing, Other, Primary Sector, Professional Services, Real Estate, Retail, Tourism, Transportation, Utilities, Value-Added
Business Stage
Existing Business, New Business
Deadline
Contact
Any Loan Officer
(701) 293-8892

*This program is also provided by other CDCs including: Lake Agassiz Development Group, Lewis & Clark Development Group, and Minnesota Business Finance Corporation

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