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Aspire Bank

Fargo, ND 58104

68
Loans Approved
$17.8M
Total Volume
$262K
Avg Loan Size
3
States Served

States Served

MinnesotaNorth DakotaSouth Dakota

Top Industries Financed

  • Landscaping Services
  • Freight Transportation Arrangement
  • Automotive Body, Paint, and Interior Repair and Maintenance
  • Lessors of Nonresidential Buildings (except Miniwarehouses)
  • Painting and Wall Covering Contractors

Quick Summary

Aspire Bank is an SBA-approved lender headquartered in Fargo, North Dakota. Since 2020, they have approved 68 SBA 7(a) loans totaling $17.8M, with an average loan size of $262K. They serve businesses across 3 states.

About Aspire Bank

Aspire Bank is an SBA-approved lender headquartered in Fargo, North Dakota. Since 2020, they have approved 68 SBA 7(a) loans totaling $17.8M, with an average loan size of $262K. They serve businesses across 3 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Aspire Bank an SBA Preferred Lender?

Aspire 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 Aspire Bank approved?

According to SBA FOIA public records, Aspire Bank has approved 68 SBA 7(a) loans totaling $17.8M since 2020. Their average loan size is $262K.

What states does Aspire Bank serve?

Aspire Bank serves businesses in 3 states: Minnesota, North Dakota, South Dakota.

How do I apply for an SBA loan with Aspire Bank?

To apply for an SBA 7(a) loan with Aspire 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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