$450+ Million Financed! Dakota CDC was founded in 1982. We’re the first, largest, and most experienced SBA 504 lender in the state. Since our founding, we have financed over 1,050 small businesses well in excess of $450 million
70% of North Dakota’s 504 Loans! 70% of all 504 loans closed in North Dakota originate and come through Dakota CDC. And 89% of all lenders accessing the SBA 504 loan program have used Dakota CDC. 16,000 Jobs! In our more than 34 years in business, we have created or retained more than 16,000 jobs through our small business financing programs.
FY2015 = $21 Million In fiscal year 2015, we provided funding to more than 30 businesses for over $ 21 million across the state of North Dakota and Western Minnesota. Smaller Size Loans Over the past five years, 5% of all Dakota CDC loans have been under $25,000.