Areas Served: Bottineau, Burke, McHenry, Mountrail, Pierce, Renville & Ward counties The Souris Basin Revolving Loan Fund (SBRLF) was established with grant funds from the U.S. Economic Development Administration Title IX program and from the MAGIC Fund of Minot, ND. The SBRLF is not intended to duplicate or replace the capacity of banks or other
Read MoreAreas Served: Bowman & Slope counties The Bowman-Slope Revolving Loan Fund was created to help business start-ups and expansions within Bowman and Slope Counties. Funds are generally used to buy down interest on loans for equipment, some renovation and other projects. There is some flexibility within this program and funds are distributed at the discretion
Read MoreAreas Served: Statewide North Dakota The Business Development Loan Program is designed to assist new and existing businesses in obtaining loans that would have a higher degree of risk than would normally be acceptable to a lending institution. Bank of North Dakota’s total outstanding amount under this program may not exceed $25 million. Qualifying Requirements
Read MoreAreas Served: Towner, Benson, Pierce, Bottineau, Rolette and McHenry Counties Eligible Applicants Applicants(s) must conduct business and have a physical presence within any of the participating Counties/Reservations of the CONAC area (Towner, Benson, Pierce, Bottineau, Rolette and McHenry Counties). The enterprise must be an active or new small business venture (i.e. Retail, service, manufacturer, sales,
Read MoreAreas Served: City of Tioga The Tioga Fund was established in 1991 through a city sales tax. 50% of the one percent tax is committed to economic development and is available to business and industry locating or expanding in the Tioga area, 25% is committed to property tax relief, 15% for community improvement, 5%for recreation
Read More