2025 Government Shutdown Update

 

As your lending partner, NWBDA is closely monitoring the federal government shutdown. Here’s what you can expect:

New 504 Loans: We’ll continue processing applications and prepare them for submission. The SBA is not accepting new 504 applications during the shutdown, but we’ll submit them as soon as the government reopens.

SBA Operations:

  • There is limited SBA staff and critical functions only.

  • There will be no new loan approvals or amendments during the shutdown.

  • 504 loans already cleared to fund in October and November funding that do not require amendments will still fund.

Even during the shutdown, NWBDA remains fully operational. We’ll keep your loans moving forward and resume all SBA submissions once normal operations return.

For questions about your loan or SBA programs, our team is ready to help.

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