Our staff at NSDC is available to help borrowers with their questions and to comply with the terms of their loan. This includes pre-payments, loan assumptions, maintaining appropriate insurance, financial information and several other transactions.
Please be advised, you must be a borrower or be able to prove that you are an authorized representative of the borrower to obtain loan information.
Nevada State Development Corporation 6572 South McCarran Blvd Reno, NV 89509
If you have an SBA 504 loan we can provide an estimated payoff amount to you for planning purposes.
NSDC must have a 45 day written notice that the loan is going to prepay.
Please be advised that the SBA 504 loans are assumable, which would eliminate the need to pay the prepayment premium.
A pre-payment premium may apply please contact Michelle Buck, (phone 775-770-1204) if you are considering loan payoff or a loan assumption.
Your payment must be automatically debited from your bank account. In the event your automatic debit does not go through you will be asked to wire in your payment.
All payments received after the 15th of the month will be assessed a late fee of $100.00 or 5% of your loan payment, whichever is greater.
Please direct questions to Michelle Buck, (phone 775-770-1204)
U.S. Small Business Administration is to be listed as a second mortgagee or loss payee , worded as follows: U.S. Small Business Administration c/o Nevada State Development Corporation 6572 South McCarran Blvd. Reno, NV 89509
Please have your agent forward a copy of your insurance policy to our Reno office. We require building coverage only, not liability.
Please direct questions to the Reno office (phone 775-770-1240)
Please direct questions to Reno office (phone 775-770-1240)