LCD GROUP NEWS
News, Upcoming Events, and AnnouncementsNDOF Disaster Loan Assistance Program “working as intended”
Seven business have been approved and have benefited from the North Dakota Opportunity Fund (NDOF) Disaster Loan Assistance Program. The program was created on March 26, 2020 to assist small businesses impacted by the COVID-19 pandemic. Matt Burthold is LCD Group's...
SBA 504 Loan allows Williston hot oil services company to expand, hire new employees
Lately, times have not been easy in the Bakken region. Oil activity was already slowing down before the COVID-19 pandemic hit. For many, it felt like the rug was pulled from underneath them. For those with longer memories, comparisons to the last slowdown were...
In the News: “Extremely helpful” new Revolving Loan Fund created for struggling small businesses
(Source: NBC North Dakota News) -- Entrepreneurs took a hit to the wallet thanks to the pandemic. North Dakota small business owners now have access to funds that might help them deal with the financial impacts of COVID-19. As part of the CARES Act the federal...
Questions and Answers about Small Business Loans
If you are one of the millions of individuals who dream of starting and owning their own businesses, know that you are not alone. But when it comes to finances, taking the very first steps to make your dream a reality may seem overwhelming. However, it does not have...
Construction on Century Cottages nearing completion; grand opening set for later this fall
Construction is nearly complete on the new Century Cottages in northwest Bismarck. A grand opening is expected to be held later next month on the $8.5 million project, which is located at 2724 Hawken Street. Lewis & Clark Development Group and Mountain Plains...
Lewis & Clark RDC awarded more than $1 million for small business pandemic recovery Revolving Loan Fund
Lewis & Clark Regional Development Council (RDC) has received an investment award of $1,133,000 to capitalize a Revolving Loan Fund (RLF) to lend to small businesses adversely impacted by the COVID-19 pandemic in Burleigh, Emmons, Grant, Kidder, McLean, Mercer,...
North Dakota Opportunity Loan approved for Souris Valley Animal Shelter
Over the last 40 years, the Souris Valley Animal Shelter has helped approximately 35,000 animals in eleven North Dakota counties within a 75-mile radius of Minot. The shelter is overseen by the Souris Valley Humane Society. It employs nine full- and part-time staff...
Lewis & Clark RDC launches COVID-19 Business Impact Survey
Lewis & Clark Regional Development Council (RDC) has launched a new online survey measuring the economic impact of the COVID-19 pandemic on businesses and communities located in a ten-county region. Part of the Lewis & Clark Development Group, Lewis &...
Lewis & Clark RDC awarded $400,000 to help coordinate economic response to pandemic in ten-county region
Lewis & Clark Regional Development Council (RDC) has been awarded $400,000, through the CARES Act, by the U.S. Economic Development Administration (EDA) to help coordinate a response to the coronavirus pandemic’s economic effects in ten south central North Dakota...
SBA Refinancing: Options for Small Business Owners
Running a small business is an endeavor that is filled with satisfaction and rewards. It is also a line of work that requires certain choices concerning financing. When it comes to Small Business Administration (SBA) refinancing, it’s not always the easiest process in...
