SBA Updates SOP Guidelines for 504 Program Each October, the SBA updates the SOP to reflect any changes or additions to the 504 Loan Program. Here are the highlights of the changes taking effect next week: Fees: • The up-front SBA guarantee fee has been reinstated at .50% of the debenture amount (previously 0%) •…
Longtime Northwest Indiana banker and community leader leaves a legacy of achievement in building and growing businesses throughout the region. Valparaiso, IN (August 10, 2011) – Tom Galovic will retire as President and Executive Director of the Regional Development Company (RDC) effective August 26th. Galovic, who has led the organization for the past three years,…
SBA Releases Guidelines for 504 Program Disclaimer: Please read this email while sitting down. The RDC is not responsible for any injury caused if a recipient faints during the reading of this email. The sender cautions against anyone who has a heart condition or is pregnant from reading this email, as it may cause excitement,…
VALPARAISO, IND. – The Regional Development Company (RDC), headquartered in Valparaiso, Ind., announced their 2010 year-end accomplishments and lender awards at their Annual Membership Meeting held at Gamba Restaurant on October 27, 2010. The Regional Development Company is a non-profit organization and Certified Development Company (CDC) that administers the U.S. Small Business Administration’s 504 Loan…
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