SBA Loans for Nursery and Tree Production in North Dakota: Top Lenders
NAICS 111NAICS 111 covers nursery and tree production businesses in North Dakota. Based on historical SBA 7(a) lending data.
Total Approvals
4
in North Dakota
Median Loan Size
$812,500
per approval
Recent Activity
0
last 90 days through Jun 2021
NAICS 111 covers nursery and tree production businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $812,500.
Key trends & insights
- Nursery and Tree Production in North Dakota lending is concentrated — RED River State Bank, First United Bank, First Western Bank & Trust together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- RED River State Bank leads this industry with 2 approvals (50% market share) and a median loan of $812,500.
- Nursery and Tree Production in North Dakota loans run larger than the SBA average — a $812,500 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2021-06-22 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Nursery and Tree Production in North Dakota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $812,500 | |
| 2 | 1 | $5,000,000 | |
| 3 | 1 | $300,000 |
Recent SBA 7(a) approvals for Nursery and Tree Production in North Dakota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-06 | First United Bank | Pau*****nc. | Grafton, ND | $5,000,000 |
| 2021-02 | Red River State Bank | Geo*****rud | TOWER CITY, ND | $675,000 |
| 2021-02 | Red River State Bank | Fel*****hip | ANTLER, ND | $2,400,000 |
| 2021-02 | Red River State Bank | Jan*****and | ANTLER, ND | $950,000 |
| 2021-02 | Red River State Bank | Kel*****and | ANTLER, ND | $950,000 |
| 2020-12 | Red River State Bank | Fel*****hip | MOHALL, ND | $2,000,000 |
| 2020-05 | First Western Bank & Trust | Eri*****ler | HAZELTON, ND | $300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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