About SPEDCO

  • SPEDCO has originated over 961 SBA 504 loans totaling more than $425,274,000.

  • EMPLOYMENT IMPACT: Over 24,056 jobs have been created and/or retained by borrowers who have closed SBA 504 loans with SPEDCO.

  • Since 2007, SPEDCO Economic Development Foundation has given approximately $820,405 in grants to 33 different organizations.

About SPEDCO

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 also provide 7(a) loan packaging consulting services to banks and their customers as “companion loans” when a 504 loan is being processed at the same time.

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.