Dakota Western Bank
BOWMAN, ND 58623
States Served
Top Industries Financed
- Drinking Places (Alcoholic Beverages)
Quick Summary
Dakota Western Bank is an SBA-approved lender headquartered in BOWMAN, North Dakota. Since 2020, they have approved 2 SBA 7(a) loans totaling $280K, with an average loan size of $140K. They primarily serve North Dakota businesses.
About Dakota Western Bank
Dakota Western Bank is an SBA-approved lender headquartered in BOWMAN, North Dakota. Since 2020, they have approved 2 SBA 7(a) loans totaling $280K, with an average loan size of $140K. They primarily serve businesses in North Dakota.
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Frequently Asked Questions
Is Dakota Western Bank an SBA Preferred Lender?
Dakota Western Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Dakota Western Bank approved?
According to SBA FOIA public records, Dakota Western Bank has approved 2 SBA 7(a) loans totaling $280K since 2020. Their average loan size is $140K.
What states does Dakota Western Bank serve?
Dakota Western Bank primarily serves businesses in North Dakota.
How do I apply for an SBA loan with Dakota Western Bank?
To apply for an SBA 7(a) loan with Dakota Western Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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