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SBA Loans for Full-Service Restaurants in North Dakota: Top Lenders

NAICS 722

NAICS 722 covers limited-service restaurants businesses in North Dakota. Based on historical SBA 7(a) lending data.

Total Approvals

17

in North Dakota

Median Loan Size

$300,000

per approval

Recent Activity

3

last 90 days through Aug 2025

NAICS 722 covers limited-service restaurants businesses. This is a smaller category in SBA 7(a) lending with 17 approvals on record and a median loan size of $300,000.

Key trends & insights

  • First Western Bank & Trust leads this industry with 3 approvals (18% market share) and a median loan of $66,600.

Most active SBA lenders for Full-Service Restaurants in North Dakota

#LenderApprovalsMedian Size
1
First Western Bank & Trust
3$66,600
2
Town AND Country CU
2$100,000
3
Choice Financial Group
2$231,250
4
Bell Bank
2$100,000
5
Starion Bank
1$350,000
6
State Bank OF Bottineau
1$450,000
7
Frandsen Bank AND Trust
1$332,000
8
Grasshopper Bank, National Association
1$350,000
9
Meridian Bank
1$648,000
10
Bank Forward
1$20,000
11
Capital CU
1$423,500
12
Ameris Bank
1$826,000

Recent SBA 7(a) approvals for Full-Service Restaurants in North Dakota

MonthLenderBorrowerAmount
2025-12Choice Financial GroupND *****INC$1,085,000
2025-08Grasshopper Bank National AssociationCHE*****ANY$350,000
2025-06Bell BankHS *****LLC$150,000
2025-06Bell BankHS *****LLC$50,000
2025-06Town and Country CUT&S*****LLC$49,900
2025-04OptimumBankJP *****LLC$979,700
2025-04Security First Bank of North DakotaDas*****LLC$46,500
2025-03Choice Financial GroupSan*****nc.$112,500
2025-03Dacotah BankLip*****LLC$182,000
2025-03Aspire BankDia*****LLC$82,000
2025-02State Bank of BottineauCha*****LLP$450,000
2024-06Town and Country CUT&**LLC$150,000
2024-05Town and Country CUT&S*****LLC$50,000
2024-04Town and Country CUT&S*****LLC$60,000
2024-04Town and Country CUT&S*****LLC$50,000
2024-04Choice Financial GroupLit*****kok$350,000
2024-03First Western Bank & TrustTru*****LLC$300,000
2024-03Town and Country CURob*****net$155,000
2024-01Old National BankUnc*****LLC$678,300
2023-10Bravera BankChu*****LLC$50,000
2023-09Northeast BankBEE*****LLC$50,000
2023-08First State BankMic*****LLC$140,000
2023-07Alerus Financial, National AssociationVit*****LLC$244,800
2023-06Bell BankJun*****LLC$50,000
2023-01Dakota Business LendingThu*****nc.$270,000
2022-12Old National BankThe*****LLC$629,100
2022-11First Western Bank & TrustHen*****LLC$66,600
2022-10Bravera BankMD**Inc$50,000
2022-09Starion BankRSP****LLC$300,000
2022-06Old National BankPue*****LLC$547,000
2022-06Old National BankPue*****LLC$547,000
2022-06Starion BankKSB*****nc.$350,000
2022-06Starion BankKSB*****nc.$100,000
2022-05Merchants BankNel*****LLC$203,000
2022-01Bravera BankMF**Inc$15,000
2021-12Dacotah BankThe*****LLC$100,000
2021-12The Citizens State Bank at MohallDou*****LLC$192,000
2021-09Bravera Bank670*****LLC$430,000
2021-09Town and Country CUHea*****LLC$70,000
2021-08Meridian BankLS**LLC$648,000
2021-08Frandsen Bank and TrustH.J*****RP.$332,000
2021-08Old National BankMik*****LLC$124,200
2021-07Capital CUB &*****LLC$70,000
2021-06Ameris BankRog*****LLC$826,000
2021-06Capital CUB &*****LLC$140,000
2021-06Capital CUB &*****LLC$80,000
2021-05First Western Bank & TrustTeu*****LLC$60,800
2021-03Capital CUTra*****LLC$423,500
2021-02Farmers & Merchants Bank of North DakotaHea*****gon$25,000
2021-02Bell BankNOR*****LLC$452,900

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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