CNNMoney.com > Small Business > Best Places to Launch

Local loans in Fargo, ND
These banks have made loans through the SBA's 7(a) small business loan program in the 2009 fiscal year in and around Fargo.
Bank Address # of Loans Total $ lent
Starion Bancorporation 333 N 4th St
Bismarck, ND
23 $2,385,800
Bremer Financial Corporation 445 Minnesota St, Ste 2000
Saint Paul, MN
17 $3,384,000
Union Bancshares 4530 17th Ave South
Fargo, ND
15 $1,128,775
Capital Credit Union 204 W Thayer Ave
Bismarck, ND
13 $817,200
Blackridge Financial 4612 Amber Valley Parkway
Fargo, ND
11 $1,984,000
Watford City Bancshares 100 Main North
Watford City, ND
11 $1,355,500
Cornerstone Holding Company I 2280 45th St South
Fargo, ND
9 $1,933,085
H.O.M.E. 115 E Broadway
Steele, ND
8 $671,100
U.S. Bank 800 Nicollet Mall, 2nd Fl
Minneapolis, MN
8 $230,500
Dakota Community Banshares In 609 Main St
Hebron, ND
7 $443,575
Security State Bank Holding Co 400 Second Ave Sw
Jamestown, ND
7 $634,900
American State Bank Holding Co 223 Main St
Williston, ND
6 $330,000
Wells Fargo & Company 45 Fremont St, 27th Fl
San Francisco, CA
6 $975,000
Western State Agency 110 4th St Se
Devils Lake, ND
6 $1,425,000
American Bancor Ltd. 46 W 1st St
Dickinson, ND
5 $2,392,000
Bnccorp 322 E Main Ave
Bismarck, ND
5 $797,000
Red River Financial Services 300 2nd Ave West
Halstad, MN
5 $1,639,047
Trinity Investments 106 S Ave West
Glen Ullin, ND
5 $127,200
Vision Bank Holdings 3000 25th St South
Fargo, ND
5 $178,000
Alerus Financial Corporation 401 Demers Ave
Grand Forks, ND
4 $2,520,000
Choice Financial Holdings 645 Hill Ave
Grafton, ND
4 $529,800
The Citizens Bank Holding Comp 300 Central Ave
Finley, ND
4 $1,085,000
Gate City Bank 500 2nd Ave North
Fargo, ND
3 $359,000
State Bankshares 3100 13th Ave Sw
Fargo, ND
3 $715,000
American Federal Corporation 215 N Fifth St
Fargo, ND
2 $210,000
Dacotah Banks 401 S Main St, Ste 212
Aberdeen, SD
2 $130,000
F & M Bancshares 816 3rd St
Langdon, ND
2 $85,000
Frandsen Financial Corporation 4388 Round Lake Rd West
Arden Hills, MN
2 $228,500
Jorgenson Holding Company 4 Nw 2nd St
Kenmare, ND
2 $208,000
Mcville Financial Services In 201 S Main St
Mcville, ND
2 $800,000
Security Bancshares Po Box 719
Dunseith, ND
2 $213,000
Westbrand 900 S Broadway
Minot, ND
2 $1,850,000
Bank Of America Corporation 101 S Tryon St
Charlotte, NC
1 $74,000
Belfield Bancshares 201 Main St North
Belfield, ND
1 $18,300
Cit Small Business Lending Corporation 1 Cit Drive
Livingston, NJ
1 $265,000
Dakota Western Bankshares 11 N Main
Bowman, ND
1 $500,000
Drayton Bancor 104 S Main St
Drayton, ND
1 $60,000
Fergus Falls Bancshares 128 E Washington
Fergus Falls, MN
1 $35,000
First Community Credit Union 111 9th St Sw
Jamestown, ND
1 $300,000
First Financial Corporation Main St
Arthur, ND
1 $150,000
First Holding Company Of Caval 211 Division Ave South
Cavalier, ND
1 $200,000
First Western Sblc 17950 Preston Road, Suite 600
Dallas, TX
1 $225,000
Full Service Insurance Agency 423 Broadway
Buxton, ND
1 $35,000
Kirkwood Bancorporation Co. 2911 N 14th St
Bismarck, ND
1 $62,000
Leeds Holding Company 105 Central Ave South
Leeds, ND
1 $35,000
Lincoln Holding Company 302 S Main St
Hankinson, ND
1 $97,000
Main Street Lender 2 Wisconsin Circle, 7th Floor
Chevy Chase, MD
1 $1,540,000
Merchants Holding Company 110 S Phillips Ave, Ste 300
Sioux Falls, SD
1 $15,000
Oliver Bancorporation Center Ave & Main St
Center, ND
1 $238,000
Peoples State Holding Company 110 Main St
Westhope, ND
1 $177,000
Ramsey Financial Corporation 300 4th St Ne
Devils Lake, ND
1 $190,000
Rivers Ridge Holding Company 5201 Eden Ave, Ste 370
Edina, MN
1 $200,000
Small Business Loan Source 9801 Westheimer Road., Suite 1100
Houston, TX
1 $210,000
Superior Financial Group 165 Lennon Lane, Suite 101
Walnut Creek, CA
1 $12,500
Tioga Bank Holding Company 7 N Main St
Tioga, ND
1 $270,000
Tolna Bancorp Main St
Tolna, ND
1 $60,000
Town & Country Credit Union 615 S Broadway
Minot, ND
1 $90,700
Towner County Financial Corpor 505 4th St
Cando, ND
1 $20,000
Wishek Bancorporation 102 Centennial St North
Wishek, ND
1 $30,000
From the November 2009 issue
Source: Small Business Administration. 7(a) loans in Fiscal Year 2009, through Aug. 31, 2009.
Best Places Winners
MAPS
Find your launch spot
Do you prefer a place that is: Small Medium Large
The factors that matter most to me are:
 Affordable wages  Few foreclosures
 Educated workers  Low housing costs
 Low crime  High local incomes
 A growing economy  Population growth
 Growing small business population

Video
ireportTell us why: Low taxes? Talented workers? An active small business community? Send us your photos and videos, and you could be featured in our upcoming coverage of reader-picked Best Places to Launch. More
This year we partnered with the Ewing Marion Kauffman Foundation to find the 50 most business-friendly communities in America.

With help from Robert Fairlie, an economist and leading scholar of entrepreneurship at the University of California, Santa Cruz, we developed a methodology and sifted through such data on factors such as per capita income, hourly wages, workforce quality, crime rates, taxes and foreclosures. More

Comments? E-mail the editors
Data partners

This package was produced in partnership with the Ewing Marion Kauffman Foundation.

Foreclosure data provided by RealtyTrac.

Housing price-to-income data provided by Moody's Economy.com.