Regional Development Company (RDC) donates to Economic Development in Northwest Indiana

Regional Development Company (RDC) donates to Economic Development in Northwest Indiana

Valparaiso, IN – August 12, 2015 – The Regional Development Company (RDC) has donated to further economic development in Northwest Indiana.

“The Regional Development Company is a proud supporter of the economic development efforts by the Northwest Indiana Forum (Forum),” said Erica Dombey, president and executive director of the RDC.  “We have a long tradition of giving back to the communities of Northwest Indiana to assist with job creation and growth.  The contribution of $5,000 this year is evidence of that commitment.”

The RDC administers the US Small Business Administration 504 loans.  The SBA 504 loan program was created as an economic development tool to create jobs and assist small businesses in creating capital investment in commercial real estate and equipment.  The program allows businesses to put as little as 10% down on the purchase of owner occupied commercial property.  The program is often used in conjunction with other local and state incentives to locate businesses to the Northwest Indiana region.  Ms. Dombey currently serves as the Vice Chair for the Forum.

“The Northwest Indiana Forum is grateful for our partnership with the RDC.  They have a dramatic positive impact in the economic development landscape of Northwest Indiana.  They are a great team of professional helping to grown investments in the Region,” said Heather Ennis, president & CEO of the Forum.

 

About the Regional Development Company:

The RDC is a non-profit organization that supports small business by administering the US SBA 504 Loan Program and multiple community Revolving Loan Programs.  The RDC offers 10% down payments and low, long-term fixed rates.  For more information on the Regional Development Company please visit www.rdc504.org or call 219-467-0504.

Photo: 

Erica Dombey (right) of the RDC presents the organization’s donation to support economic development to Heather Ennis (left).