At a glance
From its website, read 2 Nov 2026Northwest Side Community Development Corporation is a loan fund based in Milwaukee, Wisconsin. Its website describes small-business loans. Where it lends: Northwest Side of Milwaukee. Business loan rates stated on its site range from 7% to 8%.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Website | www.nwscdc.org |
|---|---|
| Office (official list) | 4201 North 27th Street, 7th Floor Century City Tower, Milwaukee, WI 53216 |
What their website says about applying
The best next step in your funding journey is a conversation.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Small-business loans | Rate: 7%–8% | Interest Rate: 7-8% Fixed (depending on market) | source |
| Small-business loans | Term: up to 7 yr | Term: Up to 7 years | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Collateral required
Security interest on all business assets or specific equipment
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 9 Jul 2026 |
| RSSD ID | — (none listed) |
| Address | 4201 North 27th Street, 7th Floor Century City Tower, Milwaukee, WI 53216 Directions (Google Maps) |
| Website | www.nwscdc.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 6 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. The site does not state an online application, and the service area is described only as Milwaukee neighborhoods. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Small-business loans | — | Loan Amount: 150K - 1 Million | source |
Loan sizes
Loan Amount: 150K - 1 Million
source
Service area
Northwest Side of Milwaukee
We exist to create economic opportunities, build partnerships and strengthen communities on the Northwest Side of Milwaukee.
source
Counties this matches: Milwaukee County, WI
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
No online application link found on the pages we read.
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$6.5 million in 10 awards from the U.S. Treasury's CDFI Fund, 2011–2024 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $800,000 |
| 2022 | CDFI Equitable Recovery Program | $1,765,594 |
| 2021 | CDFI Rapid Response Program | $1,321,000 |
| 2020 | CDFI Program, Financial Assistance | $500,000 |
| 2019 | CDFI Program, Financial Assistance | $565,000 |
| 2015 | CDFI Program, Technical Assistance | $125,000 |
| 2014 | CDFI Program, Financial Assistance | $309,118 |
| 2013 | CDFI Program, Financial Assistance | $600,000 |
| 2012 | CDFI Program, Financial Assistance | $400,000 |
| 2011 | CDFI Program, Technical Assistance | $100,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $19M |
|---|---|
| Total liabilities | $6.8M |
| Net assets | $12.2M |
| Total revenue | $5.7M |
| Notes and loans receivable, net (Part X line 7) | $11.4M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 39-1478014, filed as “NORTHWEST SIDE COMMUNITY DEVELOPMENT CORPORATION”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Dec 2021 (990) | $11.1M | $9.2M | $4.3M | $5.4M |
| Dec 2022 (990) | $15.4M | $10.1M | $4.8M | $8.3M |
| Dec 2023 (990) | $19M | $12.2M | $5.7M | $11.4M |
Total assets grew 70% from Dec 2021 to Dec 2023; notes and loans receivable rose 111%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets, latest IRS Form 990 | $19M | Larger than 64% of the 11 other certified loan funds and venture funds in Wisconsin with a matched Form 990 (median $10.6M). |
| Business loan rate its website stated (2 Nov 2026) | 7.00% to 8.00% | Prime rate that day: 7.00% (FRED DPRIME), so the lowest stated rate is 0 pts above prime. For an SBA 7(a) variable-rate loan the legal maximum is prime plus 3 to 6.5 points, by loan size. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Form 990 total assets | certified loan and venture funds with a Form 990, in Wisconsin | 11 | larger than 64% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section). Prime rate: FRED DPRIME.
Other certified CDFIs in Milwaukee and Wisconsin
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- Hmong Wisconsin Chamber of CommerceLoan fund · Milwaukee, WICommercial real estate loans, Small-dollar / emergency loans, Small-business loansVerified
- Holy Redeemer Community Credit Union of SE Wisconsin, IncCredit union · Milwaukee, WIOfficial list only
- Legacy Redevelopment CorporationLoan fund · Milwaukee, WICommercial real estate loans, Affordable housing development loans, Microloans, SBA-backed loans (7(a)/504/Community Advantage)…Verified
- Milwaukee Economic Development CorporationLoan fund · Milwaukee, WICommercial real estate loans, Equipment loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- Wisconsin Women's Business Initiative CorporationLoan fund · Milwaukee, WIMicroloans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
Work at Northwest Side Community Development Corporation? Link to this page
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