December 2020
December 2020 Interest Rates
25 Year Rates

2.47% - Standard and Refinance

20 Year Rates

2.43% - Standard and Refinance

10 Year Rates

2.23% - Standard and Refinance

*10-year debentures are funded every other month; therefore, the November 2020 10-year rate is quoted above.



As the holiday season is upon us and as we close out this incredibly challenging year, we reflect on how blessed we are to assist Michigan small businesses and our lending partners. We thank you for your support and we look forward to serving you into the future.

Your Friends at  EDF !
Please note that our office will be closed December 24th and 25th and December 31st and January 1st!
EDF Holiday Giveaway
In the spirit of this Holiday season,  EDF  will be giving away a $100 Gift Card to our winner's small business of choice. The only thing you need to do is click here!

EDF will be picking a winner from all entries on Wednesday, December 30th.

Good luck!
Learn More About the SBA 504 Loan Program
EDF has three loan officers covering the entire State of Michigan. If you have any questions regarding loan eligibility or structuring a project, please call either Bradd, Tom or Kelly. They would also be happy to set up a time to meet with you and your team in person or via Zoom to do a more in depth training.
West Michigan Market


Bradd Pierce
(616) 323-1277
East Michigan Market


Tom Bell
(810) 202-1750
Northern Michigan and Lansing Market

Kelly Schramski
(734) 821-7280
Lender Leader Board
FY 2021

EDF would like to thank all of the lenders that have had loans authorized with us in FY 2021. At the end of our current fiscal year (09/30/2021), the lending institution with the most loan approvals will receive EDF's Lender of the Year Award.
EDF Team
Julie Parker
President
(616) 323-1273


Gary Witkowski
VP of Loan Operations
(616) 323-1275



Sales Department
Bradd Pierce
Senior Loan Officer
West Michigan Market
(616) 323-1277

Tom Bell
Loan Officer
East Michigan Market
(810) 202-1750


Kelly Schramski
Loan Officer
Northern Michigan and Lansing Market
(734) 821-7280



Credit Department
Amy Dubridge
Loan Officer
(616) 323-1279

Daniel Reyes
Underwriter
(616) 323-1271


Sharon Christy
SBA 7(a) Specialist
(616) 323-1280



Closing Department
Kyle Wilson
Director of Closing Operations
(616) 323-1272

Abbey Byrne
Closing Manager
(616) 323-1274

Michelle Vargo
Closing Specialist
(616) 323-1278



Servicing Department
Laura Seromik
Servicing and Compliance Manager
(616) 323-1273




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