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SBA lenders in Moorhead, MN

SBA 7(a) and 504 loans to businesses in Moorhead (Clay County), October 2021 to June 30, 2026 · Updated October 15, 2026
57
SBA loans approved
$27.7M
Total approved
$200,000
Median loan
21
Lenders active
40%
To startups

57 SBA loans worth $27.7M went to businesses in Moorhead, MN between October 2021 and June 2026, from 21 lenders. Dakota Business Lending made the most, 7 loans. The median loan was $200,000, compared with $212,000 across Minnesota, and other services (repair, personal care) was the most financed industry.

Most active SBA lenders in Moorhead

#LenderLoansApprovedMedian loanTo startups
1Dakota Business Lending
Certified development company · Fargo, ND
7$8.6M$706,00029%
2Midwest Business Finance
Certified development company · St. Cloud, MN
7$3.5M$297,0000%
3Town and Country CU
Credit union · Minot, ND
7$687K$60,00071%
4BankVista
Bank · Sartell, MN
5$888K$211,5000%
5Northwestern Bank
Bank · Dilworth, MN
4$260K$62,50075%
6Bell Bank
Bank · Fargo, ND
3$4.5M$150,0000%
7Old National Bank
Bank · Evansville, IN
3$2.2M$970,00067%
8Falcon National Bank
Bank · Foley, MN
2$2.7M$1,356,000100%
9Lake Agassiz Certified Development
Certified development company · Fargo, ND
2$1.5M$729,0000%
10Amplio Economic Development
Certified development company · Arden Hills, MN
2$1.2M$594,00050%
11First International Bank and Trust
Bank · Watford City, ND
2$330K$165,00050%
12First Western Bank & Trust
Bank · Minot, ND
2$275K$137,50050%
13Capital Credit Union
Credit union · Bismarck, ND
2$165K$82,50050%
14Choice Financial Group
Bank · Fargo, ND
2$111K$55,400100%
15Milestone Bank
Bank · Salt Lake City, UT
1$401K$401,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Moorhead. For 504 loans the lender shown is the certified development company.

What gets financed in Moorhead

IndustryLoansShareMedian loanMost active lender
Other services (repair, personal care)13
23%
$264,500Dakota Business Lending
Health care and social assistance9
16%
$241,300BankVista
Manufacturing9
16%
$60,800First International Bank and Trust
Construction7
12%
$525,000Town and Country CU
Retail4
7%
$137,500Northwestern Bank
Restaurants and hotels3
5%
$100,000Amplio Economic Development
Wholesale trade2
4%
$115,000Northwestern Bank
Finance and insurance2
4%
$138,650Midwest Business Finance
Loan size mix
  • Under $150,00042%
  • $150,000 to $500,00030%
  • $500,000 to $2 million23%
  • $2 million and up5%
Compared with Minnesota
Median loan, Moorhead
$200,000
Median loan, Minnesota
$212,000
Startup share, Moorhead
40%
Startup share, Minnesota
35%
Share of state's SBA loans
0.7%

SBA loans per fiscal year in Moorhead

0102030FY14: 8 loansFY14FY15: 10 loansFY15FY16: 10 loansFY16FY17: 10 loansFY17FY18: 14 loansFY18FY19: 16 loansFY19FY20: 18 loansFY20FY21: 17 loansFY21FY22: 23 loansFY2223FY23: 8 loansFY23FY24: 12 loansFY24FY25: 11 loansFY25FY26 (Oct to Jun): 3 loansFY263
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.