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 and Oregon and the 10 Northern counties in Idaho.

View All of The Counties We Serve

How have we helped our communities?


In the last 2 years, NWBDA has funded 143 SBA 504 loans for a total project amount of $402,417,901.93.

The SBA portion totaled to $142,475,000.00 and the average loan was $996,328.67.

These loans created and retained 1,348 jobs.

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

Newsletters

Amendment XXI Building

SBA Helps New Businesses

Despite being relatively a new business, the Amendment XXI owners were able to finance their building through the 504 Program.

ALP Express

SBA has just released the ALP Express Pilot Program. ALP Express will allow NWBDA to have more approval control over loans $500,000 and under.

Rising Interest Rates

The interest rates for the SBA 504 Loan Program seem to be skyrocketing, so why should a business owner still choose the program to finance?

Exciting Changes

We have some recent exciting changes at Northwest Business Development Association and we want to share the good news with you!

Northwest Business Development Association Team


 

Aliza Seay

Aliza Seay

President

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

Eric Sartell

Eric Sartell

Vice President / Senior Loan Officer

Eastern Washington and North Idaho
(509) 904-5169
esartell@nwbusiness.org

Evan Heriot

Evan Heriot

Vice President / Senior Loan Officer

All of 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

Tracy Bridgens

Tracy Bridgens

Sr. Vice President / Chief Operating Officer

Caitlin Hetrick

Caitlin Hetrick

Administrative Specialist

Pamela (Pam) LaMont

Pamela (Pam) LaMont

Senior Credit Analyst

Angela Tompkins

Angela Tompkins

Jr. Credit Analyst

Lisa Chromy

Lisa Chromy

Loan Assistant

Colleen Ruggles

Colleen Ruggles

Vice President / Closing Manager

Misty Hoxie

Misty Hoxie

Loan Closing Specialist

Renea Taylor

Renea Taylor

Closing Department Assistant

Doug Wolford

Doug Wolford

Vice President / Portfolio Manager

Cassandra Stringer

Cassandra Stringer

Jr. Portfolio Analyst

Michele Williams

Michele Williams

Loan Servicing Specialist

Erik Houser

Erik Houser

Site Visitation Specialist

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

David Bixby - NWBDA - Loan Servicing Specialist

In loving memory of David Bixby.
1951-2022

Dave will be greatly missed by all who knew him. He touched many lives and the memories he left us with will be cherished forever. 

Read David’s Obituary: https://www.legacy.com/us/obituaries/spokesman/name/david-bixby-obituary