LCD GROUP NEWS
News, Upcoming Events, and AnnouncementsEight rural communities approved to receive Community Development Block Grant funding
The Lewis & Clark Regional Development Council (RDC) Community Development Block Grant (CDGB) Scoring and Ranking Committee met on June 24, 2020 to evaluate and score eleven applications from communities throughout the region. This year, the committee received two...
NDOF Disaster Loan Assistance Program provides much needed funding to Linton salon
The North Dakota Opportunity Fund has funded another small business through its Disaster Loan Assistance Program. Unique Attractions Hair Salon in Linton received funding through the program, which was established to provide working capital loans for businesses...
LCD Group receives emergency flexible grant to ensure uninterrupted service during pandemic
In response to the COVID-19 pandemic, NeighborWorks America recently awarded $4.78 million in emergency flexible grants to 238 network members. Lewis & Clark Development Group, the state’s only NeighborWorks America chartered organization, was among the...
Five Business Lending Tips to Get Approved for an SBA Loan
Many businesses that are first starting out don’t have the capital they need to operate as efficiently as they could. As a result, they often look to organizations like the Small Business Administration (SBA) to give them the help they need. SBA small business loans...
NDOF disaster assistance loan program allows Fargo company to readjust to directly tackle COVID-19
Back in March, the North Dakota Opportunity Fund (NDOF) Steering Committee created a disaster assistance loan program for small businesses located within the Fund’s 39 consortium communities that have been directly impacted by the COVID-19 pandemic. While the NDOF is...
Coal Country Coffee joins long list of businesses benefiting from LCD Group’s regional business loan programs
Despite working from home and social distancing, the Lewis & Clark Regional Development Council (RDC) recently approved two loans to complete the financing for Coal Country Coffee, LLC of Mandan. Lewis & Clark RDC is part of Lewis & Clark Development...
Four Facts Entrepreneurs Should Know About Launching a Business
Every year, millions of Americans start small businesses. As of today, America is home to more than 30 million small businesses. Of course, having a vision isn’t enough to open a startup’s doors. That’s why so many dreamers turn to small business lending to back their...
Ekstrom named to National NeighborWorks Association Board of Directors
Lewis & Clark Development Group Executive Director Brent Ekstrom has been named to the National NeighborWorks Association (NNA) Board of Directors. The Association's mission is to "unite housing and community development practitioners from across the United States...
Commercial lending experience always matters — especially now
Lewis & Clark Development Group's Brent Ekstrom, Matt Burthold, and Tracy Whitney are among a handful of the most experienced commercial lending and economic development finance professionals in North Dakota. But, during the last six weeks, more and more small...
Industrial Commission Authorizes Bank of North Dakota Programs to Assist Businesses in Pandemic Recovery Efforts
(Source: Bank of North Dakota) -- On April 24, 2020, the North Dakota Industrial Commission authorized the Bank of North Dakota (BND) to provide two financing programs to assist North Dakota businesses in obtaining long-term, low-interest loans to assist in the...
