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North Dakota Development Fund — Business Development Loans

Bank of North Dakota / ND Dept of Commerce (BND)ND-DEV-FUND
Max per Applicant

$1.0M

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

North Dakota

About This Program

Below-market interest rate loans for North Dakota businesses creating jobs and diversifying the state economy, with participation loans available through local lenders.

Key Requirements & Eligibility

  • 1Business must be creating or retaining jobs in North Dakota
  • 2Eligible: manufacturing, processing, value-added agriculture, tech companies
  • 3Loan amounts: $25,000–$1M (larger via participation with local bank)
  • 4Below-market interest rates; terms up to 10 years
  • 5Must demonstrate that conventional financing is insufficient alone

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

ManufacturingAgriculture & RuralTechnologyEnergy
Official Source