Lake Agassiz Development Group
SBA 504 loans across North Dakota, plus SBA microloans and revolving loan funds for small businesses.
About
Lake Agassiz Development Group (LADG), a Fargo non-profit, says that as a certified development company it "has been originating SBA 504 loans for small businesses across North Dakota since 2004," for "owner occupied real estate or equipment purchases" alongside a lead lender. It has offered the SBA Microloan Program since 1993, with "as much as $50,000 for working capital, inventory and equipment needs," and runs several other loan funds, three of which lend up to $250,000. Who it is for: New and existing small businesses in North Dakota; its microloans also reach seven Minnesota counties.
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