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Certified development company · South Bend, IN

Business Development Corporation (BDC): SBA lending profile

SBA 504 loans, October 2021 to June 30, 2026 · Updated October 15, 2026
84
SBA loans approved
$57.4M
Total approved
$421,000
Median loan
3
States lent in
21%
To startups
#405
National rank by loans

Business Development Corporation (BDC) approved 84 SBA loans worth $57.4M between October 2021 and June 2026, ranking #405 of 2,283 SBA lenders nationally by loan count. Its median loan was $421,000, and 21% went to startups or businesses under two years old. It lent in 3 states, most often in Indiana, and its most financed industry was manufacturing.

SBA loans per fiscal year

0132740FY14: 21 loansFY14FY15: 22 loansFY15FY16: 17 loansFY16FY17: 34 loansFY1734FY18: 15 loansFY18FY19: 12 loansFY19FY20: 18 loansFY20FY21: 33 loansFY21FY22: 31 loansFY22FY23: 11 loansFY23FY24: 11 loansFY24FY25: 20 loansFY25FY26 (Oct to Jun): 11 loansFY2611
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Business Development Corporation (BDC) lends

StateLoansApprovedMedian loanRank in state
Indiana69$51.3M$523,000#25
Michigan14$4.9M$280,500#75
Massachusetts1$1.2M$1,214,000#200

Industries Business Development Corporation (BDC) finances

IndustryLoansShareMedian loan
Manufacturing21
25%
$672,000
Restaurants and hotels18
21%
$248,500
Other services (repair, personal care)8
10%
$264,000
Retail7
8%
$232,000
Professional and technical services6
7%
$547,500
Health care and social assistance6
7%
$483,000
Wholesale trade5
6%
$453,000
Arts, entertainment and recreation3
4%
$568,000
Education3
4%
$249,000
Construction3
4%
$216,000
Loan size mix
  • Under $150,00012%
  • $150,000 to $500,00043%
  • $500,000 to $2 million39%
  • $2 million and up6%
Loan programs used
  • Accredited Lender (504)60%
  • ALP Express33%
  • 504 Basic2%
  • 504 Refinancing Program2%
  • ALP Express Debt Refi2%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.