About Northwest Business Development Association

Northwest Business Development Association was established in 1981 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 17 SBA 504 loans for a total project amount of $448,495,262.22.

The SBA portion totaled to $160,966,000.00 and the average loan was $919,805.71.

These loans created and retained 1,354 jobs.

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

Newsletters

Job Requirements and Public Policy Goals

The 504 Program aims to foster job creation and small business growth – which is why the program has job requirements for it’s borrowers.

THRIVE Program

NWBDA has been a constant supporter of the SBA THRIVE Program, fostering the growth and success of local business owners.

Organics Manufacturer

Moon Valley Organics, a organics manufacturer, specializes in organic care products. Securing 504 financing was crucial for the business

504 Energy News

504 Energy News: the Biden-Harris admin announced new actions to the Clean Energy Economy, removing the 504 lending cap for energy projects

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

Mark Beppler

Mark Beppler

Senior Vice President / Senior Loan Officer

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

James Doehle

James Doehle

Vice President / Senior Loan Officer

Central & Eastern WA/Northern Idaho
(509) 394-4580
jdoehle@nwbusiness.org 

Evan Heriot

Evan Heriot

Vice President / Senior Loan Officer

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

Tracy Bridgens

Tracy Bridgens

Sr. Vice President / Chief Operating Officer

Caitlin Hetrick

Caitlin Hetrick

Administrative Specialist

Jennifer Whitson

Jennifer Whitson

Executive Assistant

Jesse Smit

Jesse Smit

Vice President / Chief Credit Officer

Erica Pitner

Erica Pitner

Credit Analyst

Lisa Chromy

Lisa Chromy

Jr. Credit Analyst

Allison Harvey

Allison Harvey

Jr. Credit Analyst

Colleen Ruggles

Colleen Ruggles

Senior Vice President / Closing Manager

Misty Hoxie

Misty Hoxie

Loan Closing Specialist

Renea Taylor

Renea Taylor

Closing Department Assistant

Angela Tompkins

Angela Tompkins

Vice President / Loan Portfolio Manger

Lenora Johnson

Lenora Johnson

Loan Servicing Specialist

Cindy Mair

Cindy Mair

Loan Servicing Specialist

David Folsom

David Folsom

Loan Servicing Specialist - Insurance

Shannon McManus

Shannon McManus

Portfolio Analyst

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