Auto Repair Transformation – 2023 Grant Recipient

Auto Repair Transformation – 2023 Grant Recipient

November 2023Newsletter – Issue 73 As a non-profit organization, NWBDA is able to provide grants on an annual basis to other organizations or programs who provide economic or community development in the areas that NWBDA serves. This year, NWBDA was able to give...
EDASC – 2023 Grant Recipient

EDASC – 2023 Grant Recipient

November 2023Newsletter – Issue 73 As a non-profit organization, NWBDA is able to provide grants on an annual basis to other organizations or programs who provide economic or community development in the areas that NWBDA serves. This year, NWBDA was able to give...
Fees for FY2024

Fees for FY2024

October 2023 Issue 72 SBA 504 Annual Fees for Fiscal Year 2024 Estimated SBA 504 Effective Rates for October 2023 *For New Loans Approved After October 1, 2023: 25-year – 7.12% / 7.15% Refi 20-year – 7.18% / 7.21% Refi 10-year – 7.05% / 7.07% Refi...
Government Shutdown

Government Shutdown

SBA 504 Program and Government Shutdown UPDATE: As of October 2, 2023: Government Shutdown Averted FY24 Government Funding Status:Congress has avoided a government shutdown. In an unexpected turn of events, the House passed a short-term continuing resolution (CR) on...
Empowering Industrial Excellence

Empowering Industrial Excellence

September 2023Issue 71 Empowering Industrial Excellence SBA 504 Effective Rates for September 2023 25-year – 6.81% / 6.83% Refi20-year – 6.87% / 6.89% Refi10-year – 7.07% / 7.09% Refi Thank you to our Lending Partner on this Project: In the year...