Northwest Business Development
Spokane Valley, WA 99212
SBA Certified Development CompanyTop Industries Financed
- Offices of Dentists
- Hotels (except Casino Hotels) and Motels
- Full-Service Restaurants
- Offices of Lawyers
- Child Day Care Services
Quick Summary
Northwest Business Development is an SBA-certified Certified Development Company (CDC) headquartered in Spokane Valley, Washington. Since 2010, they have approved 1,230 SBA 504 loans totaling $1.1B, with an average loan size of $860K. They serve businesses across 7 states.
About Northwest Business Development
Northwest Business Development is an SBA-certified Certified Development Company (CDC) headquartered in Spokane Valley, Washington. Since 2010, they have approved 1,230 SBA 504 loans totaling $1.1B, with an average loan size of $860K. They serve businesses across 7 states.
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Frequently Asked Questions
What does Northwest Business Development do?
Northwest Business Development is an SBA-certified Certified Development Company (CDC) based in Spokane Valley, Washington. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Northwest Business Development handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Northwest Business Development approved?
According to SBA FOIA public records, Northwest Business Development has approved 1,230 SBA 504 loans totaling $1.1B since 2010. Their average loan size is $860K.
What states does Northwest Business Development serve?
Northwest Business Development serves businesses in 7 states: Alaska, Arizona, Idaho, Michigan, Montana, Oregon, Washington.
How do I apply for an SBA 504 loan through Northwest Business Development?
To apply for an SBA 504 loan through Northwest Business Development, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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Contact Northwest Business Development
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