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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.

Bank of ND Rebuilder's Loan Program (document)
File Size: 870.47 kb


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