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March 22, 2005: Commercial Realtors Invited to SBA Seminar to be Held April 6

PHOENIX, NY-- On Wednesday, April 6, Operation Oswego County, the U.S. Small Business Administration (SBA) and the Small Business Development Center will host a free, two-hour seminar for commercial realtors to gain a more detailed understanding of the benefits and program changes associated with the SBA 504 program.

The event will be held from 8 to 10 a.m. at the SUNY Oswego Institute for Professional and Organizational Development located just off state Route 481 (exit 14) in the Oswego County Industrial Park in Phoenix. A complimentary continental breakfast will be provided.

Presenters at the seminar will include

  • James Quackenbush, SBA district loan officer;
  • L. Michael Treadwell, Operation Oswego County (OOC)/County of Oswego IDA;
  • Larry Perras, Small Business Development Center (SBDC);
  • Janet Dexter, owner of Sunset RV Park and SBA 504 loan recipient; and
  • Sam Zappala, co-owner of Empire Fresh-Cuts and SBA 504 loan recipient.

The SBA 504 loan program is designed to promote economic development growth and job creation in small businesses and make the overall financing structure for a new business or expansion project more attractive and affordable. The program offers accessible, fixed rate, long term financing for land, buildings and equipment. As part of recent program changes, the SBA 504 program can now potentially participate in much larger deals; up to total project cost of $10 million for small manufacturers.

“This is an excellent opportunity for commercial realtors to learn more about how the SBA 504 program can help commercial clients acquire the property they need to develop their small business,” said L. Michael Treadwell, CEcD, executive director of OOC.

Participants will also have an opportunity to learn more about other financing programs available through SBA and OOC, as well as the business assistance available from the SBDC to help support economic development projects.

Reservations for the seminar are required and may be made by calling OOC at (315) 343-1545.
For more information about the SBA 504 loan program or other economic development services in Oswego County, visit www.oswegocounty.org.

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