NWBDA Newsletters
Project Feast – 2023 Grant Recipient
The Project Feast 2023 grant funds will go towards the Culinary Skills Training Program, which supports 10-12 low-income refugees every year.
Nuestras Raíces – 2023 Grant Recipient
2023 grant funds will help Nuestras Raices and partners launch a culturally and linguistically attuned commissary kitchen.
Familias en Acción – 2023 Grant Recipient
The 2023 grant funds from NWBDA will help to fund a Workforce Development Coordinator position for Familias en Acción.
Auto Repair Transformation – 2023 Grant Recipient
ART will leverage the 2023 grant funds from NWBDA to help build capacity for their apprenticeship program.
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.