Lake Agassiz Development Group
417 Main Avenue | Fargo, ND 58103
Ph 701-235-1197 | Fx 701-235-6706
Regional and Local Economic Development Planning Community Development Block Grant EDA Revolving Loan Fund Community Development Loan Fund Board of Directors
USDA Intermediary Relending Program SBA Microloan Program Board of Directors
Business Incubator Office without an Office Application
Senior Housing Development Hope, ND Lisbon, ND Page, ND Wahpeton, ND
Rural Development Intermediary Relending Program
USDA Rural Development first awarded funds to LARDC in 1993 to establish an Intermediary Relending Program (IRP). Subsequently, LARDC received additional funding in 1995, 2001, 2003, and 2008. The purpose of the loan program is to encourage and support business development and expansion in the rural portions of the eastern 19 counties in North Dakota (Regions II, IV, and V, excluding the City of Fargo). Loan proceeds can be used for real estate, fixed assets, working capital and inventory with a maximum loan amount of $150,000.
Please Contact Us or Request Info for a detailed description of eligibility requirements, fees and current interest rates.
