GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
168
2010–2026
Total Volume
$124M
Gross loan amounts
States Active
3
With recorded loans
Programs
504
168 total segments
Lake Agassiz Certified Development is a 504-only lender, which means they specialize in financing real estate and equipment for existing businesses. With 90% of their deals going to existing businesses, they are well-suited for established companies looking to expand or upgrade their facilities.
The average deal size at Lake Agassiz is $737,619, with a significant number of deals (49) falling between $150K and $350K. If your financing needs are within this range, you may find this lender to be a good fit for your project.
Despite having a solid volume of $124M across 168 deals, Lake Agassiz has shown no growth over the past year, maintaining a steady pace of 11 deals in the last four quarters. This could indicate a stable but potentially cautious lending environment, which may affect your approval chances if you're seeking a more aggressive growth lender.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 168 504 loans, which use fixed SBA debenture rates.
States where Lake Agassiz Certified Develop has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Physician & Dental Offices
Health Care & Social Assistance
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Hotels & Accommodation
Accommodation & Food Services
Social Assistance
Health Care & Social Assistance
Agriculture & Forestry
Agriculture & Forestry
+ 7 more
All recorded SBA lending activity for Lake Agassiz Certified Develop, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| North Dakota · Restaurants & Food Service · $500K – $1M | 504 | 7 | — | $708K | Q3 2021 |
| North Dakota · Other Health Practitioners · $150K – $350K | 504 | 6 | — | $201K | Q4 2022 |
| North Dakota · Physician & Dental Offices · $500K – $1M | 504 | 5 | — | $729K | Q3 2024 |
| North Dakota · Auto Repair & Maintenance · $350K – $500K | 504 | 5 | — | $440K | Q1 2025 |
| North Dakota · Administrative & Waste Services · $150K – $350K | 504 | 4 | — | $225K | Q1 2021 |
| North Dakota · Physician & Dental Offices · $1M – $2M | 504 | 4 | — | $1.1M | Q3 2021 |
| North Dakota · Specialty Trade Contractors · $150K – $350K | 504 | 4 | — | $192K | Q2 2022 |
| North Dakota · Specialty Trade Contractors · $500K – $1M | 504 | 4 | — | $751K | Q3 2024 |
| North Dakota · Social Assistance · $150K – $350K | 504 | 4 | — | $266K | Q4 2024 |
| North Dakota · Restaurants & Food Service · $1M – $2M | 504 | 3 | — | $1.2M | Q4 2022 |
| North Dakota · Restaurants & Food Service · $150K – $350K | 504 | 3 | — | $286K | Q1 2023 |
| North Dakota · Building Construction · $150K – $350K | 504 | 3 | — | $215K | Q3 2022 |
| North Dakota · Arts, Entertainment & Recreation · $500K – $1M | 504 | 3 | — | $880K | Q4 2025 |
| North Dakota · Finance & Insurance · $150K – $350K | 504 | 3 | — | $192K | Q1 2021 |
| North Dakota · Retail Trade · $150K – $350K | 504 | 3 | — | $245K | Q2 2020 |
| North Dakota · Agriculture & Forestry · $150K – $350K | 504 | 3 | — | $253K | Q3 2025 |
| North Dakota · Hotels & Accommodation · $2M – $5M | 504 | 3 | — | $2.6M | Q3 2014 |
| North Dakota · Administrative & Waste Services · $500K – $1M | 504 | 3 | — | $713K | Q2 2021 |
| North Dakota · Other Repair & Services · $150K – $350K | 504 | 2 | — | $277K | Q1 2022 |
| North Dakota · Specialty Trade Contractors · $350K – $500K | 504 | 2 | — | $407K | Q2 2021 |
| North Dakota · Miscellaneous Retail · $150K – $350K | 504 | 2 | — | $233K | Q3 2025 |
| North Dakota · Legal Services · Under $150K | 504 | 2 | — | $112K | Q2 2022 |
| North Dakota · Hotels & Accommodation · $1M – $2M | 504 | 2 | — | $1.5M | Q3 2012 |
| North Dakota · Hotels & Accommodation · $350K – $500K | 504 | 2 | — | $444K | Q4 2019 |
| North Dakota · Agriculture & Forestry · $500K – $1M | 504 | 2 | — | $597K | Q4 2025 |
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