LCD GROUP NEWS
News, Upcoming Events, and AnnouncementsBy the Numbers: North Dakota’s Economy in 2022
(Source & Credit: IBISWorld) - New numbers have been released on the state of North Dakota's economy in 2022. The numbers are provided by IBISWorld, which provides economic and demographic research for businesses and governments around the world. North Dakota's...
SBA 504 Loan helps couple build new Pizza Hut restaurant in Williston
You'd be hard pressed to find anyone who has not stepped foot in a Pizza Hut restaurant or had a piece of its pan pizzas and legendary breadsticks. It would also be difficult to find a person between the ages of 30 to 47 who doesn't remember eating a free personal pan...
Regional business loan program helps Aqua Traction of North Dakota expand
A Mandan-based marine supply business is now expanding to meet growing demand thanks to a regional business loan provided through Lewis & Clark Development Group. Aqua Traction of North Dakota recently received funding through the IRP Mandan Fund, one of several...
LCD Group’s Lyle Hogue repeats as National Senior Pro Rodeo Bull Riding Champion
It has now become old hat, a Stetson to be precise, for Lyle Hogue. For the fourth consecutive year in a row, Hogue has been crowned the National Senior Pro Rodeo Association Bull Riding World Champion. Hogue is LCD Group's multi-family development director. In the...
2022 was a banner year for Lewis & Clark Development Group
From receiving the largest ever grant in the organization's five-decade history to new programs, increasing demands and new properties and projects, Lewis & Clark Development Group closes out 2022 in as strong a position as it has ever been. "Twenty-twenty was the...
Survey: North Dakota’s economy remaining strong despite regional challenges
(Source: Prairie Public News) - It was the only state that showed economic growth in a survey of regional supply managers last month. North Dakota is the only state in the nine-state Mid-America region with a growing economy. Dr. Ernie Goss is an economics professor...
NDOF Collateral Support Program helps two businesses meet their unique financing needs
Two western North Dakota businesses have benefitted from the North Dakota Opportunity Fund's Collateral Support Program. The new program was created in May in response to interest from lenders across the state. The program establishes pledged case collateral accounts...
North Dakota’s rural small businesses facing significant workforce challenges
(Source and Credit: The Center Square) - Small businesses in rural North Dakota are having a difficult time attracting and retaining workers, forcing some businesses to completely overhaul the way they operate. “Whether it’s in rural communities or in larger cities,...
LCD Group promotes Chris Masse to lender, oversee new MPILP program
USDA Rural Development recently awarded $10 million to Lewis & Clark Development Group to create a new Revolving Loan Fund for North Dakota’s meat and poultry industry. It is the largest grant ever awarded in LCD Group’s 53-year history and only one of eight MPILP...
Historic and game-changing: LCD Group receives $10 million grant to support North Dakota’s meat, poultry industry
USDA Rural Development has awarded $10 million to Lewis & Clark Development Group to create a new Revolving Loan Fund (RLF) for North Dakota's meat and poultry industry. The grants are part of the Meat and Poultry Intermediary Lending Program (MPILP), which is...
