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MCDC | SBA 504 Rates & One North Kitchen & Bar

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Owner Scott Berman has purchased and operated several One North restaurants and has turned them into local favorites. By using the SBA 504 Loan Program, for the third time and working with Sue Hansen at First National Bank of America, Scott made the key decision to finance his latest venture, One North Kitchen and Bar in East Lansing. From start to finish MCDC Senior Loan Officer, Coty Gould guided Scott through the process to help tailor his specific needs.

One North Kitchen and Bar in East Lansing provides a variety of food, craft beers and cocktails. Scott was able to create jobs in the area while obtaining a worthwhile investment and improving a popular East Lansing property. 

Michigan Certified Development Corporation (MCDC) is a non-profit organization that helps small businesses secure funding. MCDC specializes in the SBA 504 Loan Program, which provides long-term, fixed-rate financing for the acquisition of fixed assets like real estate and equipment. MCDC also offers the SBA 7(a) and Community Advantage Loan Programs, which are more flexible and can be used for a variety of business needs, including acquisitions.

Since its inception in 1982, MCDC has been committed to promoting economic growth in Michigan by supporting small businesses. For more information visit the website or call (517) 886-6612.

 

 

Coty Gould

Senior Loan Officer

 

gouldc@michigancdc.org

(989) 318-4988

 


Scott Vroegindewey

Senior Loan Officer

 

vroegindeweys@michigancdc.org

(616) 405-5754

 


Jack Johnson

Senior Loan Officer

 

johnsonj@michigancdc.org

(734) 222-4954

 


Todd Horton

Senior Loan Officer

 

hortont@michigancdc.org

(906) 360-2968

 


Eric Maly

Senior Loan Officer

 

malye@michigancdc.org

(231) 246-8022

 


Shannon Gordon

Loan Officer

 

gordons@michigancdc.org

(810) 329-4340

 


Steve Pricco

Director 7(a) Lending

 

priccos@michigancdc.org

(517) 220-2394

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