SBA business acquisition loans in North Dakota
51 SBA 7(a) change-of-ownership loans totaling $65.6M in FY2024 to FY2026, median $775K, from 25 lenders.
League table
National rankings Top lenders
Top 25 by number of loans, FY2024 to FY2026
| Rank | Lender | Loans | Dollars | Median | FY24–26 trend |
|---|---|---|---|---|---|
| 1 | Alerus FinancialGrand Forks, ND | 7 | $14.2M | $1.2M | +50% |
| 2 | Wallis BankWallis, TX | 5 | $4.2M | $713K | −100% |
| 2 | Town and Country CUMinot, ND | 5 | $1.3M | $155K | −100% |
| 4 | First Internet Bank of IndianaFishers, IN | 3 | $5.1M | $2.0M | new |
| 4 | First Western SBLC, LLC d/b/a Peachtree GroupDallas, TX | 3 | $3.3M | $937K | −100% |
| 4 | Bell BankFargo, ND | 3 | $2.0M | $766K | −50% |
| 4 | Union State Bank of HazenHazen, ND | 3 | $185K | $80K | new |
| 8 | Cornerstone Bank (Fargo, ND)Fargo, ND | 2 | $1.6M | $801K | new |
| 8 | Aspire BankFargo, ND | 2 | $519K | $259K | new |
| 8 | Dakota Western BankBowman, ND | 2 | $280K | $140K | new |
| 8 | BankVistaSartell, MN | 2 | $250K | $125K | new |
| 12 | PathwardSioux Falls, SD | 1 | $5.0M | $5.0M | new |
| 12 | Everwise Credit UnionSouth Bend, IN | 1 | $5.0M | $5.0M | new |
| 12 | First Community CU (Jamestown, ND)Jamestown, ND | 1 | $4.5M | $4.5M | new |
| 12 | Associated BankGreen Bay, WI | 1 | $3.4M | $3.4M | new |
| 12 | Bank of HopeLos Angeles, CA | 1 | $2.9M | $2.9M | new |
| 12 | Shoreham BankWarwick, RI | 1 | $2.5M | $2.5M | new |
| 12 | BNC National BankGlendale, AZ | 1 | $2.1M | $2.1M | new |
| 12 | Centerstone SBA Lending, Inc.Los Angeles, CA | 1 | $1.9M | $1.9M | new |
| 12 | First State Bank (Buxton, ND)Buxton, ND | 1 | $1.9M | $1.9M | new |
| 12 | Dacotah BankAberdeen, SD | 1 | $1.4M | $1.4M | new |
| 12 | Platinum BankOakdale, MN | 1 | $967K | $967K | new |
| 12 | Bridgewater BankSaint Louis Park, MN | 1 | $800K | $800K | new |
| 12 | Bravera BankDickinson, ND | 1 | $250K | $250K | −100% |
| 12 | Hometown Credit UnionKulm, ND | 1 | $88K | $88K | new |
Ranked by number of loans; ties broken by dollars. Bars are scaled to the leader. Trend: loans per fiscal year, FY2024 to FY2026, with the change from FY2024 to FY2026.
Loan size
Deal size mix
- Under $350K16 loans · 31% · $2.1M
- $350K to $1M15 loans · 29% · $10.6M
- $1M to $2M8 loans · 16% · $12.1M
- $2M to $5M12 loans · 24% · $40.8M
Volume
By fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2024 | 13 | $11.6M |
| FY2025 | 22 | $29.9M |
| FY2026 | 16 | $24.1M |
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