If your small business has been affected by COVID-19 you can apply for SBA disaster assistance. Learn More

NWBDA’s response to COVID-19 outbreak for our borrowers Please Review

NWBDA is not authorized to participate in the Payroll Protection Program under the CARES Act. Please contact your lender for information or an application.

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

Eddyline Kayaks Warehouse

Issue 35 – May 2020

By innovating and collaborating , Eddyline Kayaks, along with Chinook Enterprises, are able to keep their employees working during this economic crisis while providing their community with the needed equipment.

Issue 34 – April 2020

Congress has passed a $2 trillion coronavirus relief/economic stimulus bill (the CARES Act). The Legislation includes the following provisions impacting the 504 Loan Program:

Issue 33 – March 2020

SBA has reinstated the Personal Resources Test for 504 and 7(a) Loan Programs to aid SBA Lenders in determining whether an Applicant has access to ‘credit elsewhere’. This test will go into effect on March 11, 2020.

Issue 32 – February 2020

Getting turned down for a commercial loan is devastating, but getting a loan that you aren’t fully prepared to repay is no picnic either. That’s why the business advising services of the Washington Small Business Development Center (SBDC) can be so important.

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

Eastern Washington/
Northern Idaho
(509) 904-5169
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

Stephanie Sartell

Stephanie Sartell

Vice President / Credit Administrator

Pamela (Pam) LaMont

Pamela (Pam) LaMont

Senior Credit Analyst

Lynda Biggs

Lynda Biggs

Credit Analyst

Allison Edwards

Allison Edwards

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