• SPEDCO has originated more than 1,000 SBA 504 loans totaling more than $450,000,000!

  • EMPLOYMENT IMPACT: Over 18,000 jobs have been created and/or retained by borrowers who have closed SBA 504 loans with SPEDCO.

  • Since 2007, over $1,283,000 has been deposited into the SPEDCO Economic Development Foundation to cover grants to 56 different organizations.


SPEDCO is a non-profit certified development company whose mission is to help small businesses obtain financing for job creation, to fund business expansion and to promote economic development throughout the state of Minnesota and nine counties in western Wisconsin.

As a registered agent of the SBA since 1981, SPEDCO is certified to provide consultation and services to banks and their customers. We provide long-term, fixed-rate loans through the SBA 504 Loan program. We may also advise our lending partners on aspects of 7(a) loan packaging for “companion” loans with our shared 504 borrower.

SPEDCO consistently ranks high on the list of Minnesota institutions using SBA programs. We have been approved to process loans in nine western Wisconsin counties including Barron, Buffalo, Dunn, La Crosse, Pepin, Pierce, Polk, St. Croix and Trempealeau.

We’re professional, ethical and fun to work with too. Our experienced staff has earned a reputation for a high level of personal service and integrity.