You deal with the bank; the bank deals with SBA. 16 June 2011
GRANTS The SBA does NOT offer grants to start or expand small businesses. SBA does offer some grant programs, however they are designed to expand and enhance organizations that provide small business management, technical, or fnancial assistance. These grants generally support non-proft organizations, intermediary lending institutions, and state and local governments. Catalog of Federal Domestic Assistance (CFDA) - The on-line catalog covers a wide variety of Federal programs, projects, services, and activities which provide assistance or benefts to the American public. There are currently 15 types of assistance available including surplus equipment, training, guaranteed loans, and, of course, grants. Federal Grant Resources A listing of grants available through a variety of federal, state and local organizations. The SBA does not provide grants for starting or expanding the operations of a business. FINANCING OPTIONS SBA Certifed Development Companies CDC CDCs use public and private partnerships to fnance fxed assets for small frms and plays a key role in creating and retain- ing jobs. Most 504 projects are in the $200,000 to $2 Million range. Ameritrust 1127 10th Ave E., Suite 1 Seattle, WA 98102 206-402-3971 Evergreen Business Capital SBA 504 Loan Program 13925 Interurban Avenue S. Suite 100 Seattle, WA 98168 800-878-6613 NW Business Development Association Spokane 509-458-8555 9019 E. Appleway, Suite 200 Spokane Valley, WA 99212 Seattle 425-235-9917 15 S. Grady Way, Suite 517 Seattle, WA 98057 Panhandle Area Council (PAC) 11100 N. Airport Drive Hayden, ID 83835 208-772-0584; [email protected] Serves the 5 northern counties of Idaho, and other business loan programs. SBA Small Business Resource Guide Alternative Financing Benton Franklin Council of Governments PO Box 217, Richland, WA 99352 509-943-9185 Nontraditional loan funds for gap fnancing in manufacturing, value-added processing, service and retail. It can be used for fxed assets, working capital, inventory and real estate. Funding for frms in Benton, Franklin and Walla Walla counties . Center for Economic Opportunity (CEO) 15 N. Broadway, Ste B, Tacoma, WA 98403 253-591-7026 Assists TANF and low-income persons of Pierce County to pursue self employment as a means of achieving self-suffciency. Teaches small business skills and provides access to capital. Coastal Revolving Loan Fund Kitsap Economic Development Alliance 4312 Kitsap Way, Suite 103 Bremerton, WA 98312 360-479-3712 Low interest loans for start-up projects, expansion or purchase in areas affected by fshing and timber industry declines in Clallam, Jefferson, Grays Harbor, Pacifc or Wahkiakum counties. Max $50,000. Community Capital Development (CCD) 1437 South Jackson, Seattle, WA 98144 206-324-4330 Serves women, veterans and small businesses with general management/ marketing, fnancial planning analysis, and contract procurement assistance. CCD also offers the SBA 7(a) and Microloan programs.
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- Fall '17