Lenders › Advantage Certified Development Corporation
504 CDCLong Beach, Californiacertified development company48th of 182 by approvals
Advantage Certified Development Corporation
SBA 504 loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Advantage Certified Development Corporation, based in Long Beach, California, is a certified development company (CDC) that makes SBA 504 loans. SBA approved 197 of its 504 loans worth $301M in FY2021 to FY2025, which places it 48th of 182 active CDCs by number of approvals.
In FY2025, the latest complete fiscal year, it had 55 approvals totalling $110M, about level with FY2024 (55). FY2026 to 30 Jun 2026 adds 36 more.
The median approval was $1.1M, against $657K for the 504 program as a whole; 1.0% of its approvals were for $150,000 or less (program: 4.6%).
Its loans went to businesses in 2 states and territories and 25 counties, led by California (98.5%) and Texas (1.5%). The largest industry group was retail trade at 18.8% of approvals, and 17.3% of approvals were to franchise businesses.
Of 179 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 66 as paid in full and 113 still outstanding; the 504 program figure for the same approval years is 1.2%, so the rate here is below it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 36 | $59.9M | $1.2M | $1.7M | 267 |
| FY2025 | 55 | $110M | $1.4M | $2.0M | 634 |
| FY2024 | 55 | $69.3M | $924K | $1.3M | 460 |
| FY2023 | 26 | $41.7M | $1.0M | $1.6M | 289 |
| FY2022 | 24 | $38.9M | $1.3M | $1.6M | 213 |
| FY2021 | 37 | $42.0M | $824K | $1.1M | 333 |
| FY2020 | 22 | $19.1M | $709K | $867K | 153 |
| FY2019 | 25 | $29.5M | $824K | $1.2M | 273 |
| FY2018 | 11 | $8.3M | $810K | $754K | 49 |
| FY2017 | 10 | $10.1M | $535K | $1.0M | 53 |
| FY2016 | 8 | $4.4M | $496K | $549K | 32 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 76 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | California | 504 program |
|---|---|---|---|
| Approvals in these years | 199 | 16,149 | 85,591 |
| Cancelled or never disbursed | 20 | 1,904 | 12,514 |
| Disbursed loans | 179 | 14,245 | 73,077 |
| Paid in full | 66 | 7,213 | 35,491 |
| Charged off | 0 | 54 | 905 |
| Still outstanding (status exempt from disclosure) | 113 | 6,978 | 36,681 |
| Charged off, share of disbursed loans | 0.0% | 0.4% | 1.2% |
| Dollars charged off, share of disbursed dollars | 0.0% | 0.3% | 0.9% |
| Dollars charged off | $0 | $38.6M | $499M |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 504 program, same year |
|---|---|---|---|---|---|
| FY2021 | 33 | 2 | 0 | 0.0% | 0.1% |
| FY2020 | 21 | 1 | 0 | — | 0.1% |
| FY2019 | 22 | 2 | 0 | — | 0.3% |
| FY2018 | 9 | 1 | 0 | — | 0.4% |
| FY2017 | 10 | 2 | 0 | — | 0.8% |
| FY2016 | 6 | 3 | 0 | — | 1.0% |
| FY2015 | 5 | 1 | 0 | — | 1.2% |
| FY2014 | 8 | 3 | 0 | — | 1.3% |
| FY2013 | 10 | 6 | 0 | — | 1.4% |
| FY2012 | 18 | 15 | 0 | — | 2.0% |
| FY2011 | 19 | 17 | 0 | — | 2.1% |
| FY2010 | 18 | 13 | 0 | — | 3.4% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 504 program
| FY2021–FY2025 | This lender | 504 program |
|---|---|---|
| Median approval | $1.1M | $657K |
| Average approval | $1.5M | $1.0M |
| Approvals of $150,000 or less | 1.0% | 4.6% |
| Approvals to startups and businesses 2 years old or less | 11.7% | 14.4% |
| Approvals to franchise businesses | 17.3% | 9.0% |
| Jobs supported per approval, as reported | 9.8 | 10.1 |
| Charged off, loans approved FY2010–FY2021 | 0.0% | 1.2% |
States served
| # | State of the business (2 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 194 | $294M | 98.5% | |
| 2 | Texas | 3 | $7.3M | 1.5% |
In California the lender accounts for 2.7% of all 504 approvals in FY2021–FY2025.
Counties served
| # | County of the business (25 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Los Angeles County, CA | 80 | $100M | 40.6% | |
| 2 | Orange County, CA | 23 | $32.9M | 11.7% | |
| 3 | San Bernardino County, CA | 23 | $32.0M | 11.7% | |
| 4 | Riverside County, CA | 19 | $38.5M | 9.6% | |
| 5 | Ventura County, CA | 9 | $15.5M | 4.6% | |
| 6 | San Diego County, CA | 8 | $14.3M | 4.1% | |
| 7 | Santa Barbara County, CA | 5 | $3.3M | 2.5% | |
| 8 | San Joaquin County, CA | 4 | $14.9M | 2.0% | |
| 9 | Kern County, CA | 4 | $7.9M | 2.0% | |
| 10 | San Mateo County, CA | 3 | $2.0M | 1.5% | |
| 11 | Contra Costa County, CA | 2 | — | 1.0% | |
| 12 | Fresno County, CA | 2 | — | 1.0% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 37 | 18.8% | |
| 2 | Health Care and Social Assistance | 30 | 15.2% | |
| 3 | Accommodation and Food Services | 24 | 12.2% | |
| 4 | Wholesale Trade | 20 | 10.2% | |
| 5 | Construction | 19 | 9.6% | |
| 6 | Professional, Scientific, and Technical Services | 13 | 6.6% | |
| 7 | Manufacturing | 10 | 5.1% | |
| 8 | Other Services (except Public Administration) | 10 | 5.1% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 17 | 8.6% | |
| 2 | Gasoline StationsNAICS 4571 | 17 | 8.6% | |
| 3 | Legal ServicesNAICS 5411 | 8 | 4.1% | |
| 4 | Offices of PhysiciansNAICS 6211 | 7 | 3.6% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 6 | 3.0% | |
| 6 | General Freight TruckingNAICS 4841 | 6 | 3.0% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 6 | 3.0% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 6 | 3.0% | |
| 9 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 3.0% | |
| 10 | Gasoline StationsNAICS 4471 | 5 | 2.5% |
Approval sizes
- $50,001 to $150,0001.0%2
- $150,001 to $350,0008.1%16
- $350,001 to $1 million35.0%69
- $1 million to $2 million30.5%60
- Over $2 million25.4%50
Loan terms
- Over 5 to 10 years0.5%1
- Over 10 to 20 years1.5%3
- Over 20 years98.0%193
Age of the businesses
- Existing, more than 2 years old85.8%169
- New business, 2 years or less3.0%6
- Startup, loan funds will open the business8.6%17
- Change of ownership2.5%5
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accredited Lenders Program | 166 | 84.3% | |
| 2 | 504 Refinancing Program | 27 | 13.7% | |
| 3 | 504 Basic | 2 | 1.0% | |
| 4 | ALP Express Debt Refi | 2 | 1.0% |
Franchise share
34 of 197 approvals in FY2021–FY2025 (17.3%) carried an SBA franchise code; across the 504 program the share is 9.0%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | AM/PM Mini-Mart Agreement | 5 | 2.5% | |
| 2 | Best Western | 3 | 1.5% | |
| 3 | Phillips 66 Branded Reseller Agreement | 2 | 1.0% | |
| 4 | Au Energy | 2 | 1.0% | |
| 5 | Courtyard by Marriott | 1 | 0.5% | |
| 6 | La Quinta by Wyndham | 1 | 0.5% | |
| 7 | Sonesta ES Suites | 1 | 0.5% | |
| 8 | avid Hotels | 1 | 0.5% |
Third-party lenders in its 504 projects
A 504 project pairs the CDC's loan with a larger loan from a bank or other lender. Banks and credit unions named on five or more of this CDC's projects in FY2021–FY2025:
| # | Third-party lender | Projects | Share | |
|---|---|---|---|---|
| 1 | Poppy Bank | 19 | 9.6% | |
| 2 | JPMorgan Chase Bank, National Association | 18 | 9.1% | |
| 3 | First-Citizens Bank & Trust Company | 13 | 6.6% | |
| 4 | CalPrivate Bank | 10 | 5.1% | |
| 5 | Golden Bank National Association | 7 | 3.6% | |
| 6 | Bank of America, National Association | 7 | 3.6% | |
| 7 | Cathay Bank | 7 | 3.6% | |
| 8 | Celtic Bank Corporation | 6 | 3.0% | |
| 9 | City National Bank | 6 | 3.0% | |
| 10 | Enterprise Bank & Trust | 6 | 3.0% |
Questions and answers
How many SBA loans does Advantage Certified Development Corporation make?
SBA approved 55 504 loans through Advantage Certified Development Corporation in FY2025, worth $110M, and 197 over FY2021 to FY2025. That ranks 48th of 182 active CDCs by number of approvals.
How large are Advantage Certified Development Corporation's typical SBA loans?
The median 504 approval in FY2021 to FY2025 was $1.1M and the average $1.5M. The program-wide median was $657K.
What is Advantage Certified Development Corporation's charge-off rate?
Of 179 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 66 as paid in full and 113 still outstanding; the 504 program figure for the same approval years is 1.2%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Advantage Certified Development Corporation lend to most?
By number of approvals in FY2021 to FY2025: traveler accommodation (17); gasoline stations (17); legal services (8); offices of physicians (7).
Where does Advantage Certified Development Corporation make SBA loans?
In 2 states and territories. California 194, Texas 3. In California it accounts for 2.7% of all 504 approvals.
Is Advantage Certified Development Corporation's SBA lending rising?
Approvals in the three latest complete fiscal years total 136, against 83 in the three before: rising (+64%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error