Retail trade lenders in Grand Forks, ND
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
9 institutions have SBA 7(a) loans on record to this industry in Grand Forks, ND, together $4.6M across 19 loans. First Community CU is the largest, with 29% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | First Community CU | 2 | $1.3M | 28.7% |
| 2 | Farmers & Merchants Bank of North Dakota | 1 | $1.0M | 21.5% |
| 3 | Old National Bank | 6 | $674K | 14.5% |
| 4 | Frandsen Bank and Trust | 4 | $615K | 13.3% |
| 5 | Bank Forward | 2 | $355K | 7.6% |
| 6 | First Interstate Bank | 1 | $307K | 6.6% |
| 7 | Alerus Financial, National Association | 1 | $200K | 4.3% |
| 8 | Associated Bank National Association | 1 | $121K | 2.6% |
| 9 | American Federal Bank | 1 | $40K | 0.9% |
See retail trade lenders nationally
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.