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SBA 504 Helps Ballet Studio Increase Profitability

Grace Ballet & Acrobatics Studio, owned by Anna Johnson, has successfully operated for two decades, and with the assistance of the SBA 504 Loan Program, she was able to lock in a lower fixed interest rate to increase profit margins and create stability. Grace...

Growth Corp Honors National Small Business Week

For more than 50 years, the U.S. Small Business Administration (SBA) has celebrated National Small Business Week, which recognizes the critical contributions of America’s small business owners.  This year, National Small Business Week takes place April 28 – May 4,...

SBA 504 Loans Qualify for CRA Credits

For banks interested in obtaining CRA Credits, there are new changes ahead that will make it easier!  On October 24, 2023, the Federal Reserve, the FDIC, and the OCC issued a Final Rule amending the agencies’ Community Reinvestment Act (CRA) regulations. The agencies...

Benefits of Working with an SBDC

There are many benefits to working with a Small Business Development Center, or SBDC for short.  Here are just a few of the many benefits they provide…   1. Objective Feedback and Advice– from small business experts focused on YOUR best interests The SBDC...

Proud Supporter of America’s SBDC

As a proud host, Growth Corp wholeheartedly commits to helping the Illinois Small Business Development Center for Central Illinois (SBDC) expand its services to disadvantaged businesses, increasing its community outreach–especially to the surrounding areas, retaining...