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SBA 504 Helping Underserved Communities

Small businesses in underserved communities should be aware of an SBA loan program created specifically to help you grow and expand. The SBA 504 Loan Program, an economic development tool designed to help businesses in underserved communities, provides long-term,...

Helping Your Rural Business Grow with SBA 504

  If you’re a rural business, you should be aware of an SBA loan program created specifically to help you grow and expand.  The SBA 504 Loan Program, an economic development tool designed to help rural businesses, provides long-term, fixed-rate financing to...

SBA 504 Has a Ripple Effect on the Community

America’s entrepreneurs are innovative, brave and impactful…utilizing their skills/creativity to not only support their own families, but to make our neighborhoods vibrant places to live and work.  Consider the ways our economies are improved when small businesses...

Development Incentives – City of Springfield

The City of Springfield, Illinois, recognizes the immense contributions of its small business community to the health and vibrancy of the city. In an effort to assist local economic development efforts, the City has several programs available to incentivize...

Congressman Bost Visits Rural Small Business

On February 21, 2018, Congressman Mike Bost (IL-12) visited a rural small business, Magnum Steel Works, Inc., in Mt. Vernon, Illinois.  The purpose of this visit was to get a firsthand glimpse of the impact local business expansion has on its community.  He also...