NWBDA Newsletters


 

EDASC – 2023 Grant Recipient

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

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

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

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 Anniversary to SBA

Happy 70th Anniversary to SBA (Small Business Administration)! Celebrating 70 Years of Service to America’s Small Businesses.

SOP Rule Changes

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!

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…

504 Helps Bridal Shop

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

SBA Helps New Businesses

Despite being relatively a new business, the Amendment XXI owners were able to finance their building through the 504 Program.