Go up

Want to Put Less Money Down and Get Lower Interest Rates?

Take Advantage of the SBA 504 Loan With WBD.

BUY

MORE INFO

BUILD

MORE INFO

REFINANCE

MORE INFO

Want to Put Less Money Down and Get Lower Interest Rates? Take Advantage of the SBA 504 Loan With WBD.

BUY

BUILD

REFINANCE

×

WBD's FY 2025 Annual Report

Image 2025 Annual Report

Your partnership with our team during the past 2025 fiscal year helped WBD stand out as the Number One CDC in the Midwest and #9 in the USA. This past year WBD originated more than $190 million in new 504 loans, the fifth highest in our history, resulting in the creation or retention of 2,160 jobs. This achievement reflects the trust and collaboration of our lending partners and the dedication of the WBD team, whose expertise, commitment to our mission and integrity ensure professional and timely service.” 

 

WBD is pleased to share its recently released fiscal year 2025 Annual Report. Inside, CEO Dan Schneider discussed the “many hats we wear” as advisors, as financiers, as champions of local economic development, and as community volunteers. The efforts of WBD staff through each hat we wear help drive our mission of growing businesses, creating jobs, and building communities.

 

Highlights and accomplishments in FY25:

  • 5 new Elite Lenders and one new Hall of Fame lender
  • 184 504 Loan Approvals for a total of $190,993,000, which leveraged nearly $530MM in total project cost
  • Helped create and retain 2,160 jobs, pushing our total job figure to nearly 80,000 since 1981!
  • Increased portfolio total to $1.086 Billion, a 6.6% gain from the previous year
  • More than $550,000 in economic development investments. Since 2020, WBD has contributed more than $2.5 million in grants to economic development organizations aligned with our mission

Please click the Annual Report cover image to read Dan Schneider's full letter and the rest of our FY25 Annual Report.

WBD is proud to acknowledge Phil Whitehead as the eighth inductee into its prestigious Hall of Fame Lender Team, celebrating his remarkable achievement of more than 20 SBA 504 projects...

 

Newsletter, November 2025

 

Posted: 11/10/25

 

November's newsletter provides updates and information on the current federal government shutdown, celebrates a new elite lender, features a WBD 504 borrower, and welcomes our new marketing...

 

Federal Government Shutdown Update

 

Posted: 11/10/25

 

WBD is optimistic that the current federal government shutdown will soon be reaching an end. During this time, WBD’s team remains hard at work processing new and existing SBA 504 loan...

 

WBD congratulates Jared Leis, who is the 70th distinguished lender to achieve WBD Elite Lender Status.

 

Newsletter, October 2025

 

Posted: 10/20/25

 

October's newsletter covers the government shutdown's impact on the SBA and 504 loan program, and features the WBD-sponsored ConversActions podcast hosted by WBD board member Bill Mitchell.

 

October 2025 Government Shutdown

 

Posted: 10/16/25

 

The government entered a shutdown on October 1, 2025, resulting in the suspension of most SBA operations. WBD is monitoring the government shutdown and wants to address any questions you have...

 

Our September Lender Services newsletter dives into the MARC Loan for Manufacturers, a new case study, answers to your questions, and our new team member Tiffany Burnett!

 

Newsletter, September 2025

 

Posted: 09/25/25

 

In September's newsletter, we share updates on SBA 504 fees for manufacturers, honor a new Hall of Fame Lender, and share photos of our Elite Lender Golf Outing.

 

Honoring Hall of Famer Matt Wilcox

 

Posted: 09/11/25

 

WBD recognizes Matt Wilcox as the newest inductee into the Hall of Fame Lender Team, celebrating his remarkable achievement of 20 SBA 504 projects.