l - r: Shea Schwartz; Emily Odland; Jim Stai (SBA); Steve Dusek; Sarah Larson; Jessica Heilman
FARGO – Dakota Certified Development Corporation is awarded the SBA’s Director’s Award for their commitment to small business financing using U.S. Small Business Administration (SBA) programs.
Dakota Certified Development Corporation, with offices in Fargo and Bismarck, approved 42 loans and $34.8 million in small business financing under SBA’s 504 Loan Program this past fiscal year ending September 30, 2012. They are among six North Dakota lenders being recognized by the SBA.
“We are truly grateful for the commitment these lenders made in providing needed financing to small businesses,” offered Jim Stai, district director of the SBA’s North Dakota District Office. “Working with lending partners throughout the state, SBA was able to help grow our economy and add jobs.”
Over $98.9 million in total lending was supported by SBA and its lending partners this past fiscal year ending September 30, 2012. This included $47.8 million under the agency’s largest loan program, the 7(a) General Business Loan Program and a supported $51.2 million in small business lending under the 504 Certified Development Company Loan Program.
For additional information on SBA programs and services, contact Alan Haut in the North Dakota District Office in Fargo at 701-239-5131 x.209 or alan.haut@sba.gov or Dale Van Eckhout in the Bismarck office at 701-250-4303 or dale.vaneckhout@sba.gov.
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