BISMARCK – Heilman Properties has been awarded a $150,000 loan to assist with completion of a new childcare facility in Minot.

The North Dakota Department of Commerce announced Tuesday, Jan. 27, that three companies were approved for a total of $452,500 in loan funds through the North Dakota Development Fund Inc. (NDDF) during the fourth quarter of 2025.

“Investments like these strengthen the foundation of North Dakota’s economy by addressing critical needs such as child care and supporting business growth,” said Commerce Venture & Credit Analyst Samantha Mattson. “By helping businesses expand and communities thrive, we’re building a more resilient future for our state.”

Other startup childcare groups receiving loans were in Bismarck and Fargo.

Established in 1991, the NDDF provides flexible financing for new or expanding businesses. The fund also manages the Child Care Loan Program, which supports providers addressing critical workforce needs.