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.
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 provide small business financing solutions through collaborative partnerships in a supportive, creative environment that grows the economy and creates or preserves quality jobs. *This program is also provided by other CDCs including: Lake Agassiz Development Group, Lewis & Clark Development Group, and Minnesota Business Finance Corporation
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
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