2020 Loan Stats - $1.75 million!
NWSCDC expanded our community impact in 2020 by making eight small business loans totaling over $1.75 million! We celebrate the success and growth of our business partners. Many businesses had to make swift changes due to COVID-19 restrictions, and we worked closely to arrange financing and business plans that made sense.
The 2020 loans represent a growth of 300% in number (average of 2 per year, up to 8 in 2020) and a 61% increase in total dollars lent (average of $1.08 million) compared to the last three years. Many of these businesses started working with us prior to 2020, and we thank our dedicated partners who have helped us grow the lending program.
Read the stories of Heaven’s Table BBQ and Craft Beverage Warehouse on our Stories page.