by LCD Staff | Dec 17, 2020 | Business Loans, Lewis & Clark Development Group, SBA, SBA 504 Loan, Small Business, Small Business Administration
SBA loans are loans for small businesses that come from outside of a traditional bank. The SBA 504 loan in particular is designed to act as a fixed interest loan, which allows a small business to establish or expand itself. This, as a small business does for any... 
by LCD Staff | Dec 8, 2020 | Business Loans, Coronavirus, EDA CARES, Featured Covid-19 News, Lewis & Clark Development Group, Programs, Small Business
One of Mandan’s oldest family-owned small businesses and one of its newest dining establishments have received funding from Lewis & Clark Regional Development Council’s Small Business Pandemic Recovery Revolving Loan Fund. Helping meet new demands... 
by LCD Staff | Nov 24, 2020 | Business Loans, Lewis & Clark CDC, Lewis & Clark RDC, SBA 504 Loan, Small Business
Small businesses are the backbone of many countries’ economies. In the United States, they employ half of the population and create up to 60 percent of all new jobs. North Dakota is one of the states with the highest number of small businesses making up more than 97... 
by LCD Staff | Nov 17, 2020 | Business Loans, Coronavirus, EDA CARES, Featured Covid-19 News, Lewis & Clark Development Group, NDOF Disaster Loan Assistance Program, Small Business
In response to the economic fallout from the COVID-19 pandemic, Lewis & Clark Development Group is offering a range of assistance programs and services for small businesses and communities. North Dakota Opportunity Fund Disaster Loan Assistance Program The North... 
by LCD Staff | Nov 3, 2020 | Lewis & Clark Development Group, North Dakota Opportunity Fund, Programs, Small Business
The North Dakota Opportunity Fund recently approved and funded a portion of the funding for The Skin Boutique and Hair Lounge, Mandan’s newest salon and spa. The business is owned and operated by the mother-daughter partnership of Teresa Felch and Taya Felch,... 
by LCD Staff | Oct 26, 2020 | Business Loans, Lewis & Clark CDC, SBA, SBA 504 Loan, Small Business
Small businesses are the backbone of the American economy, but many banks turn down or reject loans for small businesses. This makes the issue of small business lending one that has to evolve outside of the institution of a traditional bank. Luckily, the development... 