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A CERTIFIED SBA 504 LENDER
ACHIEVING BIG DREAMS FOR SMALL BUSINESSES
HOME SMALL BUSINESS APPLICANTS LENDING PARTNERS FOR EXISTING BORROWERS ABOUT NWBDA CONTACT US
DO YOU QUALIFY FOR THE SBA 504 LOAN PROGRAM?
Yes No I am a for-profit company.
Yes No The proceeds of this loan will be to finance the acquisition or construction of fixed assets or refinance non-government guaranteed debt.
Yes No The Operating Company and all affiliates do not have a tangible net worth in excess of $15 million and does not have an average net income in excess of $5 million after taxes for the preceding two years.
Yes No If my business is a franchise, the franchisor is willing to execute an Addendum to the Franchise Agreement to meet SBA eligibility requirements.
Yes No My business is not engaged in speculation or investment in rental real estate, including apartment buildings and/or mobile home parks.
Yes No My business will occupy at least 51% of the building being purchased, if an existing building; or for ground-up construction, 60% upon completion and 80% within the near future.
Yes No At least 51% of the owners of this business are US Citizens or persons lawfully in the US.
Yes No All business owners of 20% or more of the Operating Company (OC) or Eligible Passive Company (EPC) must guarantee the SBA debt. Each spouse owning 5% or more of the OC or EPC must guarantee the loan when the combined ownership interest of both spouses is 20% or more.
Yes No None of the owners of this business have had prior losses with the US Government, including student loans, FHA or VA home loans.
Yes No All business owners have good character with no previous or pending convictions, arrests, probations, bankruptcies or lawsuits. If no, a clearance may be obtained through SBA.
Yes No The borrower must create or retain at least 1 job per $65,000 ($100,000 for manufacturing) guaranteed by the SBA, improve the economy of the locality, or achieve one or more public policy goals. Please contact one of our team members to determine if you meet one of these public policy goals.
Loans can be made to small business, whether you are a start-up or an existing business. A start-up business requires an additional down payment of 5% of the project costs. Start-up businesses will require a business plan and reasonable projected financial statements. Please visit the “Other Links” for resources to assist you with these projections.

If you have answered YES to all of the above questions, you will typically qualify for an SBA 504 Loan.

Contact one of our knowledgeable team members today to discuss your project and how the SBA 504 Loan Program can work for you.
Effective Rates
June 2017

20 Year Rate: 4.514%
10 Year Rate: 4.596%

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Alder Family Dental
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(509) 458-8555 or (800) 540-1748
9019 East Appleway, Ste 200
Spokane Valley, WA 99212