NWBDA Newsletters

NWBDA’s support will allow Central Oregon Veterans Ranch to increase outreach to veterans and connect them to vocational opportunities.

NWBDA Grant Recipient – Teen & Kid Closet, who cater to youth in need, providing them with good quality clothing and accessories for free. 

The SBA 504 Loan Program has reached its authorized approval cap of $7.5 billion for the fiscal year (through September 30, 2021).

SBA has published its official guidelines for the 504 Debt Refi Program, which applies the changes that were proposed in the Economic Aid Act

SBA’s 504 loan approval turnaround times currently average over 22 business days, but NWBDA believes that we will be seeing improved turnaround times soon

The SBA 504 Loan program helped Viviana purchase the building of her grocery store. SBA helps dreams come true!

The SBA 504 Program provided fast growing small business, NanaMacs, the ability to buy the necessary space for them to continue to expand.

Doctor rebuilds his practice using SBA 504 program after the Paradise fire burned down his business and home

Sound Cedar Lumber used the SBA 504 Loan Program to buy their land and building, which was necessary for their long-term ability to operate.

SBA 504 Loan Program Success Story! The Kenmore Team in Tri-Cities utilized the program and bought land and constructed an office building.

Congress has passed a coronavirus relief/economic stimulus bill. The Legislation includes the following provisions impacting the 504 Loan Program.

NWBDA has changes for 2021. Some of which include the retirement of Debbie Shipman and Patty Weaver, and the hiring of Eric Sartell as a BDO.