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Restaurants

Northstar Cafe

Northstar Café recently constructed a new 6,215 sq ft Northstar Café restaurant on the South State Street and Plum Street in "Uptown" Westerville, Ohio using the SBA 504 program.

Learn more about the SBA 504 Loan

Construction

Irving Equipment

A portion of the financing for the new building and renovations was provided by OSDC utilizing the Ohio Regional 166 Loan which provides long term, fixed rate term loans for real estate and equipment.

Learn more about the Ohio 166 loan

Healthcare

Healing Hearts Counseling Center

Healing Hearts Counseling Center purchased the building at 680 Park Avenue West in Mansfield, Ohio to allow for the expansion of Healing Heart’s group therapy programs.

Learn more about who we work with

Manufacturing

Future Polytech, Inc.

Future Polytech, Inc. recently utilized the Ohio Regional 166 for the second time to purchase equipment to add a sixth plastic film and poly bag extrusion line.

Learn more about the Ohio 166 loan

Hospitality

The Inn and Spa at Cedar Falls

The Owner of The Inn and Spa at Cedar Falls recently utilized the SBA 504 Program to purchase the business from the retiring owners.

Learn more about the SBA 504 Loan

Personal Services

The Yoga Factory

In November of 2018, OSDC assisted with financing for Mr. Beachler to purchase the property out of which the business has been operating for the past 10 years.

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MOST SMALL BUSINESSES HAVE SOMETHING STANDING
IN THE WAY OF GROWTH. WE HELP THEM SECURE THE
FINANCING THEY NEED TO OVERCOME IT.

Our mission is to promote business investment and job creation by providing SBA 504 and Ohio 166
loans to small businesses for buildings and equipment. Sometimes that means lending directly to
businesses, other times it means partnering with their existing lender. But the end result is the same:
we help small businesses across Ohio secure the financing they need to grow.

LEARN MORE

How we can help

We provide real estate and equipment loans with low-interest fixed rates that help small businesses grow.

We make the process easy

We think our borrowers should focus on growing their small business, not filling out forms.

Who We Work With

Sometimes we partner with a lender, other times we work directly with a small business owner.

Ohio Statewide Development Corporation
1650 Lake Shore Drive, Suite 240
Columbus, Ohio 43204

phone: 614-481-3214
fax: 614-481-3215
email: info@osdc.net

OSDC is a certified development company (CDC) licensed by the U.S. Small Business Administration (SBA) to provide low-cost, long-term SBA loans to eligible small businesses in Ohio.

Current SBA 504 Loan Rates

May 2023

10-year	20-year	25-year
6.05%	6.08%	6.03%

See Rate History

Keep updated each month on the current SBA 504 Loan Rates by signing up below!