SBA lender profile
Lake Agassiz Certified Development Company
Lake Agassiz Certified Development Company appears in the public SBA loan data with 173 funded 504 loans totaling $126.1M, an average of $729K per loan, and an estimated 1,455 jobs supported. Its SBA lending concentrates in North Dakota and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
173
Total volume
$126.1M
Average loan size
$729K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
1,455
Programs
504
Lake Agassiz Certified Development Company is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Lake Agassiz Certified Development Company lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| North Dakota | 159 | $118.1M |
| Minnesota | 10 | $6.3M |
| South Dakota | 4 | $1.6M |
What Lake Agassiz Certified Development Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 22 | $21.8M |
| Retail Trade | 21 | $19.0M |
| Health Care and Social Assistance | 27 | $17.2M |
| Manufacturing | 12 | $15.0M |
| Other Services | 19 | $11.8M |
| Agriculture, Forestry, Fishing | 7 | $8.4M |
Lake Agassiz Certified Development Company SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 2 | $1.1M |
| 2011 | 3 | $1.1M |
| 2012 | 8 | $11.3M |
| 2013 | 10 | $10.0M |
| 2014 | 6 | $3.9M |
| 2015 | 6 | $3.9M |
| 2016 | 5 | $2.0M |
| 2017 | 7 | $4.0M |
| 2018 | 9 | $8.7M |
| 2019 | 10 | $5.7M |
| 2020 | 24 | $15.2M |
| 2021 | 36 | $22.8M |
| 2022 | 12 | $10.1M |
| 2023 | 8 | $9.1M |
| 2024 | 7 | $6.2M |
| 2025 | 12 | $6.8M |
| 2026 | 8 | $4.2M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Lake Agassiz Certified Development Company's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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