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.

Unlock More Info
Amount

Maximum: $5,500,000

Resource Provider

Dakota Business Lending*

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
info@dakotabusinesslending.com

Share This

Need help finding your program editor? Email info@vaultnd.com.

Similar programs to consider

Find a Program

  • Early Venture Microloan Program

    The program is designed to address financing challenges of early-stage primary sector entrepreneurs in Cass County, to ideally help startups progress to their next stages of revenue and access to other funding sources.

    View Program

  • Angel Match Program

    The AMP will match any convertible debt or direct equity investment into a primary sector company headquartered in ND up to $250,000. The AMP must receive the same terms as the matched investment. The matched investment must be a private source of capital.

    View Program

  • Growth Fund

    The Growth Fund program was established in 2021 with levied funding from the Mountrail County Commission. The Growth Fund enhances the county’s financial toolbox to serve new and existing businesses needing access to capital.

    View Program