SBA Loans for Machine Shops in North Dakota: Top Lenders
NAICS 332NAICS 332 covers machine shops businesses in North Dakota. Based on historical SBA 7(a) lending data.
Total Approvals
4
in North Dakota
Median Loan Size
$425,000
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 332 covers machine shops businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $425,000.
Key trends & insights
- Machine Shops in North Dakota lending is concentrated — Choice Financial Group, Bell Bank, Wells Fargo Bank, National Association together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Choice Financial Group leads this industry with 2 approvals (50% market share) and a median loan of $425,000.
Most active SBA lenders for Machine Shops in North Dakota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $425,000 | |
| 2 | 1 | $2,000,000 | |
| 3 | 1 | $10,000 |
Recent SBA 7(a) approvals for Machine Shops in North Dakota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-03 | Choice Financial Group | Kav*****ted | FARGO, ND | $250,000 |
| 2025-03 | Choice Financial Group | Kav*****ted | FARGO, ND | $600,000 |
| 2023-04 | Wells Fargo Bank National Association | ERS*****LLC | GRAND FORKS, ND | $10,000 |
| 2022-02 | Bell Bank | RED*****NC. | WEST FARGO, ND | $2,000,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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