Magic City -- home to Minot Air Force Base. Get instantly matched with 300+ SBA-approved lenders serving Ward County. No credit impact.
Minot is North Dakota's fourth-largest city, known as the Magic City and anchored by Minot Air Force Base, one of the country's key nuclear deterrent installations. The base's $800M+ annual economic impact, combined with the city's agricultural trade center role and proximity to Bakken oil fields, creates a diverse and resilient economy.
Minot's growing downtown, expanding commercial corridors, and stable military employment drive consistent SBA lending demand. From defense contractors to restaurants to retail businesses, Minot entrepreneurs use SBA 7(a) and 504 loans to grow in this affordable Midwest market with strong, reliable demand drivers.
Minot AFB contractors, defense suppliers, and military-serving businesses supporting base operations. SBA 504 + 7(a) stacking up to $17M.
Agricultural businesses, grain elevators, farm equipment, and oil field service companies serving the Bakken from Minot.
Medical practices, dental offices, and healthcare facilities serving Minot and the greater north-central North Dakota region.
Restaurants, hotels, entertainment venues, and hospitality businesses serving Minot's military and civilian populations. Up to $17M available.
Franchise operations, retail shops, and consumer businesses along South Broadway and Dakota Square Mall corridors.
Office buildings, retail centers, industrial properties, and owner-occupied commercial real estate in Minot. 10% down with SBA 504.
Minot is anchored by Minot Air Force Base with its $800M+ annual economic impact, a strong agricultural trade center, and proximity to Bakken oil production. The city's stable military employment, combined with energy and agriculture, creates consistent demand for SBA loans across defense contracting, hospitality, retail, healthcare, and commercial real estate.
Pre-qualification through FundMySBA takes 90 seconds. Answer 4 simple questions about your Minot business and funding needs, and we instantly match you with SBA-approved lenders who specialize in your industry. No credit check required for pre-qualification.
Most for-profit Minot businesses qualify, including military contractors, agricultural businesses, oil field services, healthcare providers, restaurants, retail shops, construction firms, and professional services. Minot's stable, diversified economy supports consistent SBA lending.
SBA 7(a) loans go up to $5 million for working capital, equipment, and business acquisitions. SBA 504 loans provide up to $5.5 million for commercial real estate and major equipment. Combined SBA financing can reach up to $17 million for larger projects. FundMySBA matches you with lenders offering the best terms for your specific needs.
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