December 2021
Issue 54

Newsletter

2021 Highlights for NWBDA

 

SBA 504 Effective Rates for December 2021

25-year3.03% / 3.04% Refi
20-year2.88% / 2.89% Refi
10-year2.79% / 2.81% Refi

2021 was a successful year for NWBDA and we were able to help a lot of small businesses. That success is directly related to the relationships we have with our employees, board, loan committee, members, lending partners and business clients. See the highlights of our year below:

Approved Loans:

111 Projects
$97.3 Million

Funded Loans:

74 Projects
$70.9 Million

1,225 Created Jobs
 123 Retained Jobs

Top BDOs:

In recognition of outstanding sales efforts.

Elizabeth Rusnak - NWBDA - Loan Officer           Mar

In 2021, Elizabeth Rusnak and Mark Beppler each surpassed the $30,000,000 in total debentures.

Top Lenders:

JP Morgan Chase Bank Logo     Columbia Bank Logo

Heritage Bank     Peoples Bank

Click to See all Participating Lenders

Public Policy Goals – Approved Projects:

  • 42 Job Creation Projects
  • 4 Enhanced Economic Projects
  • 14 Women-Owned Projects
  • 2 Export Projects
  • 8 Veteran-Owned Projects
  • 24 Rural Projects
  • 2 Labor Surplus Projects
  • 15 Minority-Owned Projects

Public Policy Goals – Funded Projects:

  • 26 Job Creation Projects
  • 3 Economic Enhancement Projects
  • 10 Women-Owned Projects
  • 1 Export Project
  • 2 Revitalization Projects
  • 4 Veteran-Owned Projects
  • 17 Rural Projects
  • 2 Labor Surplus Projects
  • 9 Minority-Owned Projects

Thank you all for your support and we look forward to 2022.

Read the full highlights

At the close of another year, we express our sincere gratitude.

May your holidays be filled with joy and good cheer and the New Year bring peace and happiness.

 Business Development Officers

Eastern Washington/ Northern Idaho

Eric Sartell esartell@nwbusiness.org (509) 904-5169

Central Washington

Lisa Vincent lvincent@nwbusiness.org (509) 469-5040

Western Washington

Elizabeth Rusnak erusnak@nwbusiness.org (425) 286-6673

Mark Beppler mbeppler@nwbusiness.org (425) 505-3263

Southwestern Washington/ North Oregon

Jim Bight jbright@nwbusiness.org (360) 521-5704

Greater Portland Metro Area/ North Oregon Coast

Mike Miller mmiller@nwbusiness.org (503) 746-1805

Willamette Valley, Central, Eastern & Southern Oregon

Evan Heriot eheriot@nwbusiness.org (541) 228-5015

November’s Loan Fundings

NWBDA funded 12 new
projects for the total amount
of $26,741,309.24

November’s Loan Approvals

NWBDA approved 7 new
projects for the total amount
of $17,446,600.00

In the month of November, NWBDA
helped create 46 new jobs
in the local communities

info@nwbusiness.org
www.nwbusiness.org
(509) 458-8555
(800) 540-1748 (Toll Free)

Achieving BIG Dreams for SMALL Businesses