Southern Development Council had the privilege to meet with the SBA Region IV Administrator, Allen Thomas, and other Lenders and CDCs at Innovation Depot for a “Lender Round Table.” We were informed and educated on some upcoming changes and opportunities coming from the SBA by Roderick Perkins, SBA Lead Lender Relations Specialist. We were also able to discuss the processes currently in place with SBA Lending, specifically the 504 Loan Program, and brainstorm with suggestions to make the processes even better for our borrowers and fellow lenders.
The 504 Loan Program, as well as many other SBA products, is truly such a wonderful program, and we want the process and experience for borrowers, lenders, and all other parties involved to be as easy and stress-free as possible. We also enjoyed a delicious lunch at the Regions-Harbert Plaza with another Birmingham CDC, Birmingham City Wide (Foundation Capital), as we heard from the Region IV Administrator, Allen Thomas, on his background and his mission to help the SBA continue to help Small Businesses and Community Development over the Southeast Region.
If you have questions about SDC or the SBA 504 Loan Program, please reach out, and we can set up an educational meeting for us to explain the program and how you can participate. For any other questions please reach out by phone, email, or Facebook Messenger. Thank you for visiting our Facebook Page. We hope you all have a safe and wonderful Memorial Day weekend