Archive

2019 BDC Annual Awards Luncheon

Business Development Corporation held its Annual Awards Luncheon in November to honor its “Bank of the Year”, “Banker of the Year” and Special Mentions. BDC helped secure $5.1 million in SBA 504 loan approvals on project costs exceeding $12 million. 1st Source Bank was honored as “2019 Bank of the Year” for the Highest NumberLearn More
  • 29 Jun, 2020
  • Adam Primmer
  • 0 Comments

2018 BDC Annual Awards Luncheon

The BDC would like to congratulate this year’s Annual SBA 504 Loan Program Awards winners for their accomplishments in providing financing to various small businesses throughout the region in partnership with the BDC. This year’s Awards Luncheon was hosted at the BDC borrower’s newly renovated Carnegie Library – Special Event space in Mishawaka, IN. CarnegieLearn More
  • 15 Jan, 2019
  • Adam Primmer
  • 0 Comments

$5.5 Million SBA 504 Project – Bearcat Anodizing, LLC

In conjunction with First State Bank and the Business Development Corp. of South Bend, IN (BDC), an SBA 504 project financing package of $5.5 million was provided to Bearcat Anodizing, LLC for the purchase and installation of the new anodizing line. As a result of the project, the company estimates the creation of 16 new full-time employment opportunities within the nextLearn More
  • 17 Aug, 2018
  • Adam Primmer
  • 0 Comments

New President and COO of BDC

NEW PRESIDENT AND COO OF THE BUSINESS DEVELOPMENT CORPORATION Nick Dmitrovich July 3, 2018 The Business Development Corporation (BDC) is proud to announce the new appointment of Elizabeth (Beth) Wittling as President and COO, effective July 1st of 2018. Beth has been with the BDC since 2005 and formerly served as Vice President, Operations Manager and Senior LoanLearn More
  • 17 Aug, 2018
  • Adam Primmer
  • 0 Comments

2017 BDC Annual Awards Luncheon

The BDC would like to congratulate this year’s Annual SBA 504 Loan Program Awards winners for their accomplishments in providing financing to various small businesses throughout the region in partnership with the BDC. This year’s recipients were as follows: Financial Institution with the highest number of SBA 504 loans: Lake City Bank Financial Institution with theLearn More
  • 18 Jan, 2018
  • Adam Primmer
  • 0 Comments

Building Indiana Magazine Article

The BDC is proud to announce that one of our SBA 504 projects was recently featured in the 2017 Financial Issue of Building Indiana Magazine. The article spotlights Global Link Distribution Corporation’s new facility in Elkhart, Indiana, financed by an SBA 504 loan in conjunction with Lake City Bank. We would like to extend ourLearn More
  • 29 Mar, 2017
  • Adam Primmer
  • 0 Comments

2017 Facebook’s Boost Your Business Event

The BDC was proud to be a partner organization at the 2017 Facebook’s Boost Your Business Event held on March 13th, 2017. The event was co-hosted by the National Association of Women Business Owners and the South Bend Regional Chamber of Commerce. March is National Women’s History Month and the event included an address fromLearn More
  • 13 Mar, 2017
  • Adam Primmer
  • 0 Comments

2016 BDC Annual Awards Luncheon

The BDC would like to congratulate this year’s Annual SBA 504 Loan Program Awards winners for their accomplishments in providing financing to various small businesses throughout the region in partnership with the BDC. This year’s recipients were as follows: Financial Institution with the highest number of SBA 504 loans: 1st Source Bank Financial Institution withLearn More
  • 20 Dec, 2016
  • Adam Primmer
  • 0 Comments

2015 BDC Annual Awards Luncheon

The Business Development Corporation (BDC) in South Bend, Indiana was proud to celebrate another successful year of SBA 504 lending by recognizing our banking partners who have demonstrated a commitment to providing numerous small businesses in the area with the opportunity to expand their operations and create new jobs throughout the region. In 2015, theLearn More
  • 9 Dec, 2015
  • Adam Primmer
  • 0 Comments

BDC 2014 Annual Awards Luncheon

The Business Development Corporation (BDC) in South Bend, Indiana was proud to celebrate another successful year of SBA 504 lending by recognizing our banking partners who have demonstrated a commitment to providing numerous small businesses in the area with the opportunity to expand their operations and create new jobs throughout the region. In 2014, theLearn More
  • 11 Dec, 2014
  • Adam Primmer
  • 0 Comments

Expect Faster SBA Loan Decisions – Maria Contreras-Sweet

The current Administrator of the Small Business Administration, Maria Contreras-Sweet was recently featured in an article in American Banker Magazine describing the changes to be implemented in the SBA loan processes which should help simplify SBA lending, speed up decision making, provide additional capital to small businesses and foster continued job growth. Click here toLearn More
  • 9 Sep, 2014
  • Adam Primmer
  • 0 Comments

Wings Etc. – Elkhart, Osceola, Dunlap, Ft. Wayne

In 2005, the BDC assisted in financing the Wings Etc. location on C.R. 6 in Elkhart, IN. Since then, the owners have been able to utilize the SBA 504 loan program to help finance the opening of four other locations in Osceola, Goshen, Dunlap and Ft. Wayne. Wings Etc. is recognized as a highly successfulLearn More
  • 5 Aug, 2014
  • Adam Primmer
  • 0 Comments

Evil Czech Brewery – Mishawaka, Indiana

  The BDC is proud to have assisted owners George and Tammy Pesek, expand their Evil Czech Brewery and Public House to Mishawaka, IN with the utilization of the SBA 504 loan program in 2014. The 9,400 sq. ft. building underwent an impressive renovation and since opening, has won the approval of many micro-brew aficionadosLearn More
  • 29 Jul, 2014
  • Adam Primmer
  • 0 Comments

BDC 2013 Annual Awards Luncheon

On Thursday, December 5th, Business Development Corporation hosted the Annual Fall Awards Luncheon where we recognize participating banks and individual bankers for their efforts and success in SBA 504 lending. In 2013, the following parties were recognized: Dana Trowbridge, First State Bank of Middlebury – Individual banker with the highest dollar amount of SBA 504 approvalsLearn More
  • 11 Dec, 2013
  • Adam Primmer
  • 0 Comments