May 2022
Issue 59
Some Exciting Changes
at NWBDA
SBA 504 Effective Rates for May 2022
25-year – 5.12% / 5.13% Refi
20-year – 5.06% / 5.07% Refi
10-year – 4.93% / 4.95% Refi
Don Maryon announced his retirement earlier this year and began that adventure at the end of March. We are so thrilled for him and wish him happiness & relaxation in retirement. Congratulations Don!
In early April, our Board of Directors appointed Aliza Seay as the new President of NWBDA. Aliza has worked as our Credit Administrator since October 2020, working closely with our Business Development Officers, Third Party Lenders, and the SBA.
Aliza has over 8 years of experience in SBA lending, with collectively over 17 years in the banking & lending industry. Her experience includes knowledge in credit risk analysis, loan workout, servicing, and portfolio management. Additionally, her skill set and economic development activities will be very valuable to NWBDA and all of the areas we serve.
In the short time Aliza has been at NWBDA, she has made positive changes and demonstrated her strong leadership abilities, as well as commitment to NWBDA, our borrowers, the SBA 504 loan program, and our lending partners. So we are very excited to have Aliza continue her commitment as President and look forward to witnessing the future growth of NWBDA under her guidance.
Aliza will soon be touring the areas we serve to meet with our lending partners. However, in the meantime, Aliza is available to meet you through phone at 509-458-8555, ext. 2152 or through email at aseay@nwbusiness.org.
Announcing Doug Wolford as
the New Credit Administrator
Additionally, after a 10-year hiatus Doug Wolford will be rejoining NWBDA as our Credit Administrator.
Doug comes to NWBDA with a passion for making a difference on behalf of the small business community in the Pacific Northwest.
Doug has a 30-year career in SBA lending and most recently had the honor of creating and leading a successful SBA team for a Regional Bank.
Additionally, he has had the privilege of assisting small businesses in lending projects that include start-ups, business acquisitions, ground-up construction, refinance, equipment, and building renovations.
Doug’s extensive experience in credit and commercial lending will be a tremendous value to NWBDA.
We are delighted for all these changes and to have Doug back as part of our management team and look forward to his contribution to NWBDA and the SBA 504 loan program, while continuing to serve the small businesses of the Pacific Northwest.
Business Development Officers
Eastern WA/North ID
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
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
April’s Loan Fundings
NWBDA funded 3 new
projects for the total amount
of $11,499,400
April’s Loan Approvals
NWBDA approved 6 new
projects for the total amount
of $28,896,724
In the month of April,
NWBDA helped
create 10 new jobs
in the local communities
info@nwbusiness.org
www.nwbusiness.org
(509) 458-8555
(800) 540-1748 (Toll Free)