Loan Payments Update

Loan Payments Update

September 2020Issue 39 Updates on Loan Payments per the CARES Act 1112 for 504 Borrowers SBA 504 Effective Rates for September 2020 25-year – 2.41% / 2.41% Refi20-year – 2.37% / 2.37% Refi10-year – 2.29% / 2.29% Refi April – September Loan...
Debt Refinance Program

Debt Refinance Program

August 2020Issue 38 Debt Refinance Without Expansion Program   SBA 504 Effective Rates for August 2020 25-year – 2.27% / 2.27% Refi20-year – 2.21% / 2.22% Refi10-year – 2.40% / 2.40% Refi A Major Change to the Debt Refinance Without Expansion...
Issue 37 – July 2020

Issue 37 – July 2020

July 2020Issue 37 Announcing Don Maryon as Upcoming NWBDA President   SBA 504 Effective Rates for July 2020 25-year – 2.41% / 2.41% Refi20-year – 2.35% / 2.35% Refi10-year – 2.40% / 2.40% Refi NWBDA is excited to announce Don Maryon has joined...
Issue 36 – June 2020

Issue 36 – June 2020

June 2020Issue 36 Additional SBA 504 Loan Program Changes under the CARES Act SBA 504 Effective Rates for June 2020 25-year – 2.60% / 2.60% Refi20-year – 2.53% / 2.53% Refi10-year – 2.65% / 2.65% Refi The CARES Act was enacted on March 27, 2020  and...
Issue 35 – May 2020

Issue 35 – May 2020

May 2020Issue 35 Eddyline Kayaks Innovates Business to Help Fight COVID-19 SBA 504 Effective Rates for May 2020 25-year – 2.76% / 2.76% Refi20-year – 2.69% / 2.69% Refi10-year – 2.65% / 2.65% Refi Eddyline Kayaks, a small business client of NWBDA, is...
Issue 34 – April 2020

Issue 34 – April 2020

April 2020Issue 34 504 Program COVID-19 Relief for Small Businesses SBA 504 Effective Rates for April 2020 25-year – 3.03% / 3.03% Refi20-year – 2.96% / 2.96% Refi10-year – 2.85% / 2.85% Refi Congress has passed a $2 trillion coronavirus...