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About Northwest Business Development Association

Northwest Business Development Association was established in 1982 and is a non-profit Certified Development Company (CDC). We are licensed by the U.S. Small Business Administration (SBA) to help provide and manage SBA’s 504 loan program.

Our mission is to support business growth and job creation. We do this by providing excellent small business loans along with local lenders and the SBA.

Northwest Business Development Association works with the SBA to organize, package, process, and fund the 504 loan. This saves both the business and the lender time and effort.

We are very proud to play a part in our area’s economic growth.

Who do we serve?


NWBDA is able to provide funding for small businesses throughout all of Washington state, 36 counties in Idaho, 28 counties in Oregon, and most of Alaska.

View All of The Counties We Serve

How have we helped our communities?


In the last 2 years, NWBDA has funded 95 SBA 504 loans for a total project amount of $158,124,882.44.

The SBA portion totaled to $58, 696,000 and the average loan was $617,852.63.

These loans created and retained 1,845 jobs.

For every $1 lent under the SBA 504 program, $94 is generated in tax revenue for our communities.

Newsletters

NWBDA Expands into Oregon

NWBDA expands into all of Oregon, and can now provide SBA 504 loans to small businesses all over the state.

Thank You, Lending Partners!

October 2020Issue 40Thank You to our Lending Partners!SBA 504 Effective Rates for October 2020 25-year - 2.56% / 2.60% Refi20-year - 2.53% / 2.57% Refi10-year - 2.29% / 2.29% RefiThank You Lending Partners! To Our Lending Partners, Northwest Business Development...

Loan Payments Update

Here are some reminders for our lenders and our borrowers to prepare for the payments to resume on October 1, 2020:

Debt Refinance Program

SBA issued a Notice in the Federal Register for the 504 Debt Refinancing Without Expansion Program announcing a reduction in the required Borrower’s Contribution for Projects involving limited or single purpose buildings during a recession.

Northwest Business Development Association Team


 

Debbie Shipman

Debbie Shipman

President

Central & Eastern Washington/Northern Idaho
(208) 818-9777 (Cell)
dshipman@nwbusiness.org

Elizabeth Rusnak

Elizabeth Rusnak

Senior Vice President / Senior Loan Officer

Western Washington
(206) 930-9173
erusnak@nwbusiness.org

James Bright

James Bright

Senior Vice President / Senior Loan Officer

Southwestern Washington/
Northern Oregon
(360) 521-5704
jbright@nwbusiness.org

Evan Heriot

Evan Heriot

Vice President / Senior Loan Officer

South Oregon
(541) 228-5015
eheriot@nwbusiness.org

Lisa Vincent

Lisa Vincent

Vice President / Senior Loan Officer

Central Washington
(509) 469-5040
lvincent@nwbusiness.org

Mark Beppler

Mark Beppler

Vice President / Senior Loan Officer

Seattle, Washington
(425) 505-3263
mbeppler@nwbusiness.org

Mike Miller

Mike Miller

Vice President / Senior Loan Officer

Northern Oregon
(503) 746-1805
mmiller@nwbusiness.org

Tracy Bridgens

Tracy Bridgens

Vice President / Operations Manager

Patty Nemeth-Weaver

Patty Nemeth-Weaver

Accountant

Caitlin Hetrick

Caitlin Hetrick

Administrative Specialist

Pamela (Pam) LaMont

Pamela (Pam) LaMont

Senior Credit Analyst

Lynda Biggs

Lynda Biggs

Credit Analyst

Angela Tompkins

Angela Tompkins

Loan Assistant

Colleen Ruggles

Colleen Ruggles

Vice President / Closing Manager

Misty Hoxie

Misty Hoxie

Loan Closing Specialist

Gabrielle Hayen

Gabrielle Hayen

Loan Closing Assistant

Christine Carrasco

Christine Carrasco

Loan Portfolio Manager

David Bixby

David Bixby

Risk Rating Specialist / Servicing Specialist - Liquidation

Renea Taylor

Renea Taylor

Jr. Credit Analyst

Erik Houser

Erik Houser

Site Visitation Specialist

Western Washington
(206) 940-9592
ehouser@nwbusiness.org