NWBDA Newsletters

Goodwinds Composites, a manufacturing company, is poised for significant growth, thanks to the SBA 504 Loan Program.

SBA released a notice announcing the release of the new Standard Operating Procedure (SOP) 50-10-8. The new SOP will be effective June 1, 25.

Taylor’d Systems creates affordable, flexible fire training solutions for fire departments, such as new training facilities and cost-effective alternatives to traditional burn towers. To meet new growth, the company turned to the SBA 504 program.

SBA Administrator Kelly Loeffler Takes the Helm of SBA, playing a crucial role in fostering the growth and success of America’s job creators.

This year, NWBDA was able to give away a grand total of $149,000 to organizations devoted to making an impact.

The 504 Program aims to foster job creation and small business growth – which is why the program has job requirements for it’s borrowers.

NWBDA has been a constant supporter of the SBA THRIVE Program, fostering the growth and success of local business owners.

Moon Valley Organics, a organics manufacturer, specializes in organic care products. Securing 504 financing was crucial for the business

504 Energy News: the Biden-Harris admin announced new actions to the Clean Energy Economy, removing the 504 lending cap for energy projects

For over 60 years, the SBA has celebrated National Small Business Week (2024 NSBW) and America’s entrepreneurs and small businesses.

New changes ensure that any bank loan associated with the SBA 504 program will now help to fulfill CRA credits.

The SBA just published a new rule that will adjust the size standard and expand 504 Loan Program eligibility to more small businesses.