March 2018
March Madness
Mixers and Brackets!
Don’t miss your chance to participate in EDF’s 2018 March Madness $100 Gift Card Giveaway !  Please click here to take you to the ESPN page hosting EDF’s Bracket Challenge. Once there, you will be instructed to either sign into an existing ESPN account or to create an account using your email address. The link above should take you directly to our page; however, if you are prompted to enter a password please use:  EDF504
We know that signing up takes a few moments but this will ensure all points are properly tracked, and will allow participants to see their point status compared to others. One entry will be allowed per person, and they are due by the start of the first game on Thursday, March 15 th . Changes to entries are allowed by this time as well; however, once the tournament begins, all entries will be locked and no further changes will be allowed.  
Point Structure
Now you are ready to take on the tournament! The object of the game is simple: Correctly pick the winner of the most matches following the "First Four" round of the tournament. A correct selection in the first round counts as 10 points, and in subsequent rounds the point value is doubled. (See the table below for more details about the scoring breakdown). 

March Madness Mixers
Thursday, March 15th
12:00 pm to 3:00 pm

Latitude 42° Brewing Company
7842 Portage Road
Portage, MI 49002

Enjoy complimentary food and cocktails!

To Register, please click here!
Friday, March 16th
12:00 pm to 3:00 pm

3940 Rivertown Pkwy
Grandville, MI 49418

Enjoy complimentary food and cocktails!

To Register, please click here!
Lender Leader Board
EDF   would like to thank all of the lenders that have had loans authorized with us so far this fiscal year. At the end of our current fiscal year (9/30/18), the lending institution with the most loan approvals will receive our Lender of the Year Award.
T raverse City State Bank
9 Loan
Huntington Bank
3 Loans
Chase Bank
1 Loan
Choice One Bank
1 Loans
Comerica Bank
1 Loans
Grand River Bank
1 Loans
Honor Bank
1 Loan
Mercantile Bank
1 Loans
The Bancorp
1 Loan
Union Bank
1 Loans
West Michigan Community Bank
1 Loan
West Shore Bank
1 Loans
FY 2018 Total
Totals as of 02/28/2018
22 Loans
The Lenders Cup

All of the lenders listed above, along with any other bank or credit union that has a project authorized by EDF prior to September 1, 2018, will be eligible to compete in The Lenders Cup Golf Tournament! Last year was our inaugural event and the traveling trophy went home with Traverse City State Bank! This year's event will take place on September 13, 2018 at Thornapple Pointe Golf Course . Each lending institution will have the opportunity to submit a foursome to compete.
Recently EDF had the opportunity to provide project financing for The Sanford House, a rehabilitation center in downtown Grand Rapids, Michigan. The Sanford House facilities are uniquely situated to provide an urban experience, near many “real life” downtown locations as well as close to numerous parks and walking trails. These natural, out-of-doors backdrops give practical application to their evidence-based treatment programs.

The first facility was established for women in 2014 located at 540 Cherry Street. Building on the success of the Women’s facility, the owner’s opened a men’s facility in late 2017, providing much needed assistance to both men and women from around the country. With the assistance of Bradd Pierce, EDF Senior Loan Officer, Doug Holtrop and Nate Golomb, Commercial Lenders, at Mercantile Bank of Michigan, The Sanford House was purchased and remodeled and then opened for business.

The Sanford Houses are privately held and offer an environment that is homelike, intimate and decidedly non-institutional which allows them to focus on personalized, individual client care. The business provides treatment programs and services through resident and outpatient programs. Sanford House approaches substance use disorders as chronic diseases and equips patients with the tools, practices, and support they need for life in recovery. 

"The Economic Development Foundation guided us through the 504 Loan process while learning all about our new business venture. The privately held addiction treatment business is uncommon in Michigan, and through the efforts of the EDF, we were able to establish a new blueprint for the delivery of mental health services in our hometown of Grand Rapids. We are up and running and serving clients with substance use disorder at near capacity," said one of the owners at The Sanford House.

To learn more about the benefits of the SBA 504 Loan Program, or how EDF can assist you, please visit our website at, or contact one of our Loan Officers, Gary Witkowski or Bradd Pierce.
Call EDF for your 7(a) Packaging Needs

EDF   can assist your bank or credit union with 7(a) Loan eligibility and questions. We can also prepare loan applications and submit them directly to the SBA for approval. If you do not have an in-house SBA specialist, please consider using  EDF for your packaging needs.   For more information, please call Amy Dubridge at (616) 323-1279  or you may send an email to .
Schedule a Lunch and Learn
EDF   would love the opportunity to bring lunch to your organization, get to know your entire team, and do a brief presentation on the benefits of the 504 Loan Program. We are currently scheduling into March and April. If you would like to set up a time, please call Kyle Wilson at (616) 323-1272  or you may send an email to .
EDF Staff
Julie Parker
(616) 323-1276
Loan Officers 
Bradd Pierce
Senior Loan Officer
(616) 323-1277
Gary Witkowki
Loan Officer
(616) 323-1275
Credit Department 
Amy DuBridge
Junior Loan Officer
& 7(a) Specialist
(616) 323-1279
Matt Mankivsky
Junior Loan Officer
(616) 323-1278
Closing Department 
Abbey Byrne
Closing Manager
(616) 323-1274
Laura Seromik
Closing Specialist
(616) 323-1273
Servicing Department 
Kyle Wilson
Servicing Manager
(616) 323-1272
Nik Hoezee
(616) 459-4825
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