NWBDA Newsletters
EDASC – 2023 Grant Recipient
EDASC is thrilled to receive a grant from the NWBDA, bolstering EDASC’s commitment to fostering economic growth and job creation.
Fees for FY2024
SBA has released annual fees for 504 loans that will be approved in the FY2024. Annual fee changes contribute to the lower monthly rates.
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 September 30, 2023 that will keep the...
Empowering Industrial Excellence
Travis Dawson envisions a thriving future of industrial excellence for Cascade Automation, so he turned to the SBA 504 Loan Program…
Happy Anniversary to SBA
Happy 70th Anniversary to SBA (Small Business Administration)! Celebrating 70 Years of Service to America’s Small Businesses.
SOP Rule Changes
Effective August 1, SBA has stated that the goal of new SOP rule changes is to streamline and modernize the existing lending criteria.
504 Helps Cat Grooming Business!
Alex is a former construction worker who had trouble finding work when he began cat grooming. But he found out that he needed to relocate…
New Rule Makes 504 Loans Easier to Acquire!
The SBA aims to make SBA 504 loans easier to acquire by relaxing eligibility, reducing documentation and updating credit policy.
Small Business is Able to Buy the Building They Leased for Over 20 Years
After leasing the same building for over 20 years, Cory wanted to buy the building. The seller finally gave in to the request.
Veteran Business Helped by the 504 Program
NWBDA, through the 504 program, helped veteran Cameron purchase a building for his growing family insurance business.
504 Helps Bridal Shop
NWBDA is delighted that we could assist Honest in Ivory, a bridal shop, in securing a 504 loan for their building!
SBA Helps New Businesses
Despite being relatively a new business, the Amendment XXI owners were able to finance their building through the 504 Program.