SBA Lending in Fargo, North Dakota
Businesses in Fargo, ND have drawn 1,422 SBA 7(a) loans worth $293M, and annual volume has fallen 7% versus the prior decade.
- 1,422
- 7(a) loans
- $293M
- Approved dollars
- $206,041
- Average loan size
- #1
- Rank in North Dakota
- -7%
- Annualized vs prior decade
- 4.9%
- Active-loan distress
Fargo is the #1 SBA 7(a) market in North Dakota and #114 in the country. Since 1991 lenders have approved 1,422 loans here worth $293M, averaging $206,041 each. Annual approval volume has fallen 7% between FY2013-2019 and FY2020-2026. 4.9% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is landscaping services.
What Fargo borrows for
Who lends in Fargo
Open the national map, drill into North Dakota, and compare Fargo against every zip code in the state.
Open the interactive map ↗7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.