The North Dakota Development Fund, Inc. is authorized to provide financial assistance to new and expanding child care providers through the Child Care Loan Program.

Eligible Organizations: Licensed profit, nonprofit and public child care facilities. Faith-based organizations are eligible but must follow all appropriate federal guidelines if receiving federal subsidies.

Eligible Uses: The Child Care Loan Program funds may be used for the acquiring, leasing, or remodeling of real estate facilities, purchasing equipment or working capital.


Childcare Loan Program
BORROWER Any licensed child care provider

Up to $1,000,000 per location and based on availability of funds.

The Childcare loan program can fund 100% of projects up to $100,000.

Projects over $100,000 must have a 50% match by a combination of owners equity and a loan from a financial institution. (e.g., for the construction of a childcare facility costing $600,000, the NDDF’s max participation is $300,000, with the remaining dollars coming from a combination of owners equity/loan from a financial institution).

INTEREST RATE 2.5% - Fixed

1-10 years for loans $100,000 or less, dependent upon project.

Loans greater than $100,000 will follow the terms established by the financial institution.

CREDIT SCORE REQUIRED 640 or higher, otherwise need additional guarantor that qualifies
QUALIFICATIONS A licensed North Dakota child care provider

Applications are reviewed on a first come, first-serve basis. Applications and supporting information should be submitted via email to

For question regarding the Child Care Loan Program, please contact Samantha Mattson, 701-328-7252.

North Dakota Child Care Loan Program Application


Additional Resources:

Accountability Information Release

North Dakota Women's Business Center


NDDF Child Care Loan Program Portfolio

Academy of Kids Logo All 4 Learning Childcare Center Bright Horizons Inspiring Minds
Kiddie Korral Kids Connection Kidventures Childcare Legacy Childcare
Lil' Bloomers Summit Church Tiny Tykes SVEDA
Wee Folk Childcare

Explorers Academy


Additional Portfolios:

A Childs Garden, LLC

CAFF Property Group, LLC

Chess 7205 2nd, LLC

Christ United Child Care LLC

Crew Properties LLC

LK Brons LLC

Lost Creek Properties, LLC

Chelsey Maracle

Leah Mattox

River of Life Church

Sheyenne Learning Academy, Inc

Heidi Smith

Star City After School Care, LLC

The Gingerbread House Learning Center LLC

The Learning Circle, Inc

Viscito Investments, LLC

Giggle Garden