State Bank of North Dakota Rebuilder's Loan Program
During the 2011 Special Session, the North Dakota Legislature appoved $50 million for use by the State Bank of North Dakota to fund a rebuilder's loan program.
Local banks and credit unions are currently taking applications for this low interest rate, fixed loan. The maximum loan amount you can apply for is $30,000. And you are allowed to apply for the loan even if you already received an SBA loan.
The Bank of North Dakota has stated that $5 million of the money set aside in this program is available for individuals whose manufactured home was damaged in the flood.
A fact sheet supplied by the State Bank of North Dakota has additional details.