News

August 2023 Newsletter

Long-term, below-market fixed interest rates are what inspired entrepreneurs Tom Dolaskie IV and Darrin Hubbard to partner with MCDC’s Senior Loan Officer Todd Horton for a 2nd time. Their first SBA 504 project was with The Roam Inn & Tracey’s Restaurant located in Munising. The second project involved one of their other successful Munising Restaurants, … Continued

News

April 2022 Newsletter

In the face of an on-going pandemic, fiscal 2021 turned out to be a record volume year for 504 loans. The SBA 504 Loan Program reached the $7.5B cap for regular 504 loans (excluding refinance without expansion) in early September.

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