Michigan Certified Development Corporation (MCDC) is pleased to announce the addition of Eric Maly as Senior Loan Officer for the Northern Lower Peninsula of Michigan. Eric will have an office located in Traverse City where he lives with his wife of 35 years. Eric has a deep commitment to Traverse City, and to northern Michigan, … Continued

It is with mixed emotions that we have two staffing announcements. While we are happy for him, it saddens us to announce the retirement of Michigan Certified Development Corporation Vice President – Operations, Dave Kramer effective May 31, 2022.

The Michigan Certified Development Corporation (MCDC) is pleased to announce the addition of Coty Gould as Loan Officer. Coty will cover Central Michigan while working out of his Midland office. His responsibilities will include marketing the SBA 504 Loan Program by working with lenders, small business owners and other referral sources to secure SBA 504 … Continued

As we conclude the fourth week of the partial government shutdown, I believe it is important to provide a brief update on funding of 504 loans and address questions I have received regarding approval and helping lenders assist their customers. The January loan funding occurred this week with rates well below 5.00% for both the … Continued

I am quite certain you are aware of the partial shutdown of the federal government that went into effect Friday, December 21st. As the MCDC is an independent organization we remain open for business to serve our lending partners and small businesses throughout this challenging time. It is apparent the shutdown will continue into 2019, … Continued

East Lansing, MI (September 11, 2018) – Michigan Certified Development Corporation (MCDC) President Mark Williams is pleased to announce the hiring of Todd Horton to open the new Marquette office, the first in the Upper Peninsula for MCDC. Todd comes to MCDC from River Valley Bank where he was Vice President in the Business Banking … Continued

East Lansing, MI (August 28, 2018) – Michigan Certified Development Corporation (MCDC) President Mark Williams is pleased to announce the promotion of Eric Kehler to Vice President – 504 Lending In his new position, Eric will utilize his expertise and experience in developing territories to lead the sales team at MCDC. He will play a … Continued

Today SBA released a notice stating that a debenture with a 25 year maturity is now available, in addition to the existing 10 and 20 year debentures for the SBA 504 Loan Program. The new 25 year debenture will be made available for 504 projects that are approved on or after April 2, 2018. The … Continued

EAST LANSING, MI, January 29, 2018 – The Michigan Certified Development Corporation (MCDC) is pleased to announce the addition of Duane Hummel as Underwriter. Duane will work out of the East Lansing Corporate Headquarters. His responsibilities will include financial analysis of loan applicants, eligibility determination, loan packaging and working with SBA to get loans approved.  … Continued