Press Releases

25-Year 504 Debenture is now Available!

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

Press Releases

MCDC Welcomes Duane Hummel

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

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