SBA 504


The SBA 504 is designed for small businesses that want to invest in expansion but still maintain cash for working capital. As such, it provides fixed, below-market interest rates with longer loan term options and lower down payment requirements.

SBA 504 loans are provided in conjunction with a bank or other primary lender, financing up to 40% of the total cost of commercial real estate projects and equipment purchases. These features are ideal for a wide range of businesses, even if they already qualify for a conventional loan.

2025 Year in Review: OSDC’s Impact Across Ohio

As 2025 comes to a close, Ohio’s small businesses continue to move forward with the support of strong partnerships and the right access to capital. Throughout the year, we worked alongside lenders, community organizations, and business owners to support projects that created jobs, expanded operations, and strengthened local economies across the state. This year-in-review highlights […]

Celebrating Our 2025 OSDC Award Winners

Each year, OSDC has the privilege of working alongside lenders, referral partners, and community organizations that are deeply committed to supporting Ohio’s small businesses. Our annual awards are an opportunity to pause, reflect, and celebrate the partnerships that make this work possible. The 2025 OSDC Award Winners represent excellence in collaboration, innovation, and community impact. […]

Borrower Spotlight: Tortilla Street Food

Website: https://www.tortillastreetfood.com Location: Hilliard County: Franklin Lending Partner: Heartland Bank Tortilla Street Food is a well established food truck business started by Walter Equez in 2017. It has long been a top choice for the Columbus, OH food truck aficionado and has established itself as a desired option in the mobile food truck and dining […]

Borrower Spotlight: Drake Dance Academy, LLC

Website: https://www.drakedanceacademy.com Location: Dublin County: Franklin Lending Partner: Park National Bank Drake Dance Academy, LLC is a dance academy formed in 2016 and located in Dublin, Ohio. It is 100% owned by its founder Morgan Drake Foster and is run by Morgan and her husband Andrew Foster. The company began in 2016 with 23 students […]

Borrower Spotlight: LehmanMD

Website: https://www.drakedanceacademy.com Location: Dublin County: Franklin Lending Partner: Park National Bank LehmanMD is a concierge style medical practice in Columbus, OH, providing primary care for adults and children as well as consultative services for Breastfeeding and Lactation Medicine, Perinatal Mental Health, and Obesity Management. The practice was founded by Dr. Kristina Lehman in 2022. Their […]

Borrower Spotlight: Ohio Glass and Aluminum Company

Website: https://www.ohioglass.com Location: Marysville County: Union Lending Partner: Heartland Bank, a division of German American Bank Ohio Glass and Aluminum Company, a commercial full-line glazing contractor that serves the central Ohio market, is a family-owned business with roots dating back to 1915. It was established in 1990 through the purchase of Ohio Plate Glass Company […]

Borrower Spotlight: Modo Yoga

Website: https://modoyoga.com/columbus/  Location: Columbus  County: Franklin  Lending Partner: Park National Bank  Modo Yoga Columbus is an independently operated franchise of Modo Yoga International, providing a variety of community-driven yoga classes. Modo Yoga Columbus opened its first franchise in Grandview in 2015 and expanded to a second location in Clintonville in 2024 to better serve its […]

Navigating Green Energy Financing: How Small Businesses Can Achieve Their Sustainability Goals with Traditional Financing Tools

The Inflation Reduction Act (IRA) promised new financing programs for small businesses looking to embrace green energy solutions. Many had hoped to leverage IRA funding to make their operations more energy-efficient, reduce carbon footprints, and lower utility costs. However, with several IRA green energy financing programs unavailable due to federal funding freezes and legal challenges, […]

Borrower Spotlight: Manifold & Phalor, Inc.

Website: https://www.manifoldphalor.com/ Location: Canal Winchester County: Fairfield Lending Partner: The Savings Bank Manifold & Phalor is a manufacturer in Canal Winchester, Ohio providing Design, welding, fabrication, and machining repair services for the energy, military, and commercial aviation sectors. Founded in 1946, they provide Original Equipment Manufacturing (OEM) services, welding, cleaning, and repair for machine components […]

Borrower Spotlight: Team Worldwide Columbus

Website: https://www.teamww.com/ Location: Lancaster County: Fairfield Lending Partner: Bridge Credit Union Compass Rose Logistics LLC is a specialized freight forwarder located in Columbus, Ohio. They are an independently owned branch of Team Worldwide and do business as Team Worldwide Columbus. A woman-owned business, Team Worldwide Columbus provides sophisticated logistics and freight services through truck, air, […]