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HomeBusinessCommercial Real Estate LendingSBA 504 Loans

SBA 504 Loans

The SBA 504 Loan Program helps small business owners expand their businesses through the purchase of commercial real estate or capital equipment. The SBA promotes the development of businesses by offering a number of loan programs that are tailored to the specific capital needs of growing businesses. The 504 program works by distributing the loan among three parties: the business owner (down payment), a conventional lender (bank), and a Certified Development Company (CDC).

Features

  • May include a lower required down payment and a longer-term fixed interest rate
  • Designed to provide financing for the purchase of fixed assets, which usually means real estate, buildings, and machinery

Testimonial

We owe a great deal of gratitude to our personal lender and the services at West Gate Bank. They came to our rescue at a critical point in our company's recent past. Not only did they provide the lending and critical financial services we needed at the time, they continue to be an integral partner in maintaining our success with their constant nurture. Their support, business acumen, and generous helpful advice have been key in our company's accomplishments in an unquestionably challenging economic environment.
— Ted Eschliman, Co-owner, Dietze Music

Meet our commercial real estate lenders:

Photo of John Arrigo

John Arrigo

Executive Vice President, Commercial Lending

Phone
402.434.3471
NMLS#
902317
Email
jarrigo at westgate dot bank

Email John
Download the Mobile Mortgage App

Photo of Dustin Bauer

Dustin Bauer

Senior Vice President, Commercial Lending

Phone
402.323.8971
NMLS#
897751
Email
dbauer at westgate dot bank

Email Dustin
Download the Mobile Mortgage App

Photo of Jon Dittenber

Jon Dittenber

Senior Vice President, Omaha Chief Lending Officer

Phone
402.758.8718
NMLS#
902316
Email
jdittenber at westgate dot bank

Email Jon
Download the Mobile Mortgage App

Photo of Tom Soukup

Tom Soukup

Senior Vice President, Commercial Lending

Phone
402.323.8986
NMLS#
902313
Email
tsoukup at westgate dot bank

Email Tom
Download the Mobile Mortgage App

Photo of Chad Tettenborn

Chad Tettenborn

Senior Vice President, Commercial Lending

Phone
402.758.8723
NMLS#
2029111
Email
ctettenborn at westgate dot bank

Email Chad
Download the Mobile Mortgage App

Photo of Kyle Wooster

Kyle Wooster

Senior Vice President, Senior Credit Officer

Phone
402.323.8967
NMLS#
902312
Email
kwooster at westgate dot bank

Email Kyle
Download the Mobile Mortgage App

Photo of Taylor Price

Taylor Price

Vice President, Commercial Lending

Phone
402.434.4082
NMLS#
1451330
Email
tprice at westgate dot bank

Email Taylor
Download the Mobile Mortgage App

Photo of Kirby Reardon

Kirby Reardon

Vice President, Commercial Lending

Phone
402.434.4081
NMLS#
1531311
Email
kreardon at westgate dot bank

Email Kirby
Download the Mobile Mortgage App

Photo of Jennifer Dougherty

Jennifer Dougherty

Loan Officer, Commercial Lending

Phone
402.853.7213
NMLS#
2061026
Email
jdougherty at westgate dot bank

Email Jennifer
Download the Mobile Mortgage App

Photo of Derek Solberg

Derek Solberg

Loan Officer, Commercial Lending

Phone
402.853.7209
NMLS#
2449876
Email
dsolberg at westgate dot bank

Email Derek
Download the Mobile Mortgage App

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Commercial Real Estate Lending

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  • SBA 504 Loans
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Routing#:
104901584
NMLS#:
292134

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