883 Small Business Owners Received Over $820 Million in SBA 504 Financing
A Record $820 million in SBA 504 Loan Fundings in June
Join us as we celebrate the CDC lending industry helping 883 small business owners receive $820,805,000.00 in SBA 504 financing in June, supporting over $2 billion in local economic development across the nation. NADCO applauds the hard work of the CDCs, their lending partners and the SBA in successfully meeting the high demand. Everyone is working tirelessly to ensure that small business owners across the country are getting the financing they need to succeed, grow and create jobs. The June bond sale is the second largest in history. The first was in September 2020.
A special shout out to our lending partners who have been critical to us meeting the high demand for the #SBA504 commercial real estate loan in Utah. CDC lenders are celebrating a record number of 504 loan fundings this month — 883 small businesses received over $820 million in @SBA 504 financing which supports over $2 billion in economic development across the nation. Learn more about 504: www.WasatchCDC.com
#highdemand #supportsmallbusiness #sbaloans