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Lake Agassiz Development Group Business Lending
Fargo-based nonprofit development lender offering SBA, USDA, and revolving loan resources to North Dakota businesses.
About this program
Lake Agassiz Development Group is a Fargo-based nonprofit economic development organization that connects entrepreneurs and communities with financial resources. Its business lending programs include SBA 504 and other loan products for startup, expansion, real estate, equipment, and job-creating projects.
Eligibility
New and expanding small businesses in North Dakota that meet specific loan product and underwriting requirements.
Requirements
- Submit loan application, business plan, financial statements, owner information, and use-of-funds plan
- Meet selected SBA, USDA, or revolving loan program eligibility requirements
- Demonstrate repayment ability, collateral, equity, and job or community impact where required