Congress raises limits, secures funding for SBA 504 Loan program through federal fiscal year

President Biden signed into law on March 15 the fiscal 2022 omnibus spending package, which boosted the authorization levels for the SBA 504 Loan program. The action secures funding for the program through September 30 when the federal fiscal year ends. "There had...

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An ideal candidate and example of how the North Dakota Opportunity Fund helps small businesses

The North Dakota Opportunity Fund enters its tenth year in hot demand. Last year was the busiest in the program’s history and all indications are 2022 will be no different.   This past month, NDOF recently participated in a financing package for Xiphos Technical...

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In the News: North Dakota’s economy showing signs of improvement according to two surveys

(Source: Bismarck Tribune) -- North Dakota's economy is showing signs of recovery and growth, according to a quarterly outlook from North Dakota State University.    The most recent modeling predicts growth for wages and salaries, as well as a growing labor force,...

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