Lenders › Capital Regional Development Council
504 CDCConcord, New Hampshirecertified development company98th of 182 by approvals
Capital Regional Development Council
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.
Capital Regional Development Council, based in Concord, New Hampshire, is a certified development company (CDC) that makes SBA 504 loans. SBA approved 64 of its 504 loans worth $40.2M in FY2021 to FY2025, which places it 98th of 182 active CDCs by number of approvals.
In FY2025, the latest complete fiscal year, it had 13 approvals totalling $13.4M. FY2026 to 30 Jun 2026 adds 6 more.
The median approval was $393K, against $657K for the 504 program as a whole; 18.8% of its approvals were for $150,000 or less (program: 4.6%).
Its loans went to businesses in 2 states and territories and 10 counties, led by New Hampshire (98.4%) and Vermont (1.6%). The largest industry group was real estate and rental and leasing at 14.1% of approvals, and 9.4% of approvals were to franchise businesses.
Of 107 disbursed loans approved in FY2010 to FY2021, SBA records 1 as charged off (0.9%), 42 as paid in full and 64 still outstanding; the 504 program figure for the same approval years is 1.2%, so the rate here is close to 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* | 6 | $6.0M | $486K | $1.0M | 96 |
| FY2025 | 13 | $13.4M | $493K | $1.0M | 281 |
| FY2024 | 6 | $4.3M | $709K | $716K | 113 |
| FY2023 | 5 | $4.7M | $895K | $944K | 40 |
| FY2022 | 19 | $9.9M | $270K | $522K | 59 |
| FY2021 | 21 | $7.9M | $268K | $377K | 51 |
| FY2020 | 13 | $4.7M | $219K | $360K | 141 |
| FY2019 | 7 | $3.0M | $221K | $434K | 35 |
| FY2018 | 12 | $2.9M | $172K | $239K | 48 |
| FY2017 | 11 | $3.2M | $179K | $292K | 85 |
| FY2016 | 7 | $3.6M | $403K | $509K | 62 |
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 50 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 | New Hampshire | 504 program |
|---|---|---|---|
| Approvals in these years | 118 | 1,267 | 85,591 |
| Cancelled or never disbursed | 11 | 164 | 12,514 |
| Disbursed loans | 107 | 1,103 | 73,077 |
| Paid in full | 42 | 517 | 35,491 |
| Charged off | 1 | 11 | 905 |
| Still outstanding (status exempt from disclosure) | 64 | 575 | 36,681 |
| Charged off, share of disbursed loans | 0.9% | 1.0% | 1.2% |
| Dollars charged off, share of disbursed dollars | 0.3% | 1.1% | 0.9% |
| Dollars charged off | $126K | $4.9M | $499M |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 504 program, same year |
|---|---|---|---|---|---|
| FY2021 | 17 | 2 | 0 | — | 0.1% |
| FY2020 | 11 | 1 | 0 | — | 0.1% |
| FY2019 | 7 | 2 | 0 | — | 0.3% |
| FY2018 | 10 | 3 | 0 | — | 0.4% |
| FY2017 | 11 | 3 | 0 | — | 0.8% |
| FY2016 | 7 | 1 | 0 | — | 1.0% |
| FY2015 | 6 | 2 | 0 | — | 1.2% |
| FY2014 | 5 | 5 | 0 | — | 1.3% |
| FY2013 | 10 | 7 | 0 | — | 1.4% |
| FY2012 | 10 | 7 | 0 | — | 2.0% |
| FY2011 | 8 | 5 | 1 | — | 2.1% |
| FY2010 | 5 | 4 | 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 | $393K | $657K |
| Average approval | $629K | $1.0M |
| Approvals of $150,000 or less | 18.8% | 4.6% |
| Approvals to startups and businesses 2 years old or less | 17.2% | 14.4% |
| Approvals to franchise businesses | 9.4% | 9.0% |
| Jobs supported per approval, as reported | 8.5 | 10.1 |
| Charged off, loans approved FY2010–FY2021 | 0.9% | 1.2% |
States served
| # | State of the business (2 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | New Hampshire | 63 | $39.5M | 98.4% | |
| 2 | Vermont | 1 | — | 1.6% |
In New Hampshire the lender accounts for 12.8% of all 504 approvals in FY2021–FY2025.
Counties served
| # | County of the business (10 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Hillsborough County, NH | 21 | $15.8M | 32.8% | |
| 2 | Merrimack County, NH | 19 | $10.0M | 29.7% | |
| 3 | Rockingham County, NH | 6 | $4.6M | 9.4% | |
| 4 | Grafton County, NH | 6 | $3.3M | 9.4% | |
| 5 | Carroll County, NH | 4 | $1.8M | 6.3% | |
| 6 | Coos County, NH | 2 | — | 3.1% | |
| 7 | Strafford County, NH | 2 | — | 3.1% | |
| 8 | Belknap County, NH | 2 | — | 3.1% | |
| 9 | Cheshire County, NH | 1 | — | 1.6% | |
| 10 | Windham County, VT | 1 | — | 1.6% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Real Estate and Rental and Leasing | 9 | 14.1% | |
| 2 | Accommodation and Food Services | 8 | 12.5% | |
| 3 | Retail Trade | 8 | 12.5% | |
| 4 | Construction | 7 | 10.9% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 6 | 9.4% | |
| 6 | Other Services (except Public Administration) | 6 | 9.4% | |
| 7 | Wholesale Trade | 4 | 6.3% | |
| 8 | Manufacturing | 4 | 6.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Lessors of Real EstateNAICS 5311 | 7 | 10.9% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 6.3% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 4.7% | |
| 4 | Traveler AccommodationNAICS 7211 | 3 | 4.7% | |
| 5 | Architectural and Structural Metals ManufacturingNAICS 3323 | 3 | 4.7% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 4.7% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 4.7% | |
| 8 | Gasoline StationsNAICS 4571 | 2 | 3.1% | |
| 9 | Remediation and Other Waste Management ServicesNAICS 5629 | 2 | 3.1% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 2 | 3.1% |
Approval sizes
- $50,001 to $150,00018.8%12
- $150,001 to $350,00023.4%15
- $350,001 to $1 million42.2%27
- $1 million to $2 million10.9%7
- Over $2 million4.7%3
Loan terms
- Over 10 to 20 years39.1%25
- Over 20 years60.9%39
Age of the businesses
- Existing, more than 2 years old73.4%47
- New business, 2 years or less4.7%3
- Startup, loan funds will open the business12.5%8
- Change of ownership9.4%6
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | 504 Basic | 43 | 67.2% | |
| 2 | Accredited Lenders Program | 18 | 28.1% | |
| 3 | 504 Refinancing Program | 2 | 3.1% | |
| 4 | ALP Express | 1 | 1.6% |
Franchise share
6 of 64 approvals in FY2021–FY2025 (9.4%) carried an SBA franchise code; across the 504 program the share is 9.0%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Ameriprise Financial | 2 | 3.1% | |
| 2 | Quality Inn | 1 | 1.6% | |
| 3 | Dairy Queen Operating Agreement | 1 | 1.6% | |
| 4 | Keller Williams Market Center License Agreement | 1 | 1.6% | |
| 5 | Exxon-Mobil Oil Corporation | 1 | 1.6% |
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 | Primary Bank | 22 | 34.4% | |
| 2 | Merrimack County Savings Bank | 19 | 29.7% |
Questions and answers
How many SBA loans does Capital Regional Development Council make?
SBA approved 13 504 loans through Capital Regional Development Council in FY2025, worth $13.4M, and 64 over FY2021 to FY2025. That ranks 98th of 182 active CDCs by number of approvals.
How large are Capital Regional Development Council's typical SBA loans?
The median 504 approval in FY2021 to FY2025 was $393K and the average $629K. The program-wide median was $657K.
What is Capital Regional Development Council's charge-off rate?
Of 107 disbursed loans approved in FY2010 to FY2021, SBA records 1 as charged off (0.9%), 42 as paid in full and 64 still outstanding; the 504 program figure for the same approval years is 1.2%, so the rate here is close to 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 Capital Regional Development Council lend to most?
By number of approvals in FY2021 to FY2025: lessors of real estate (7); restaurants and other eating places (4); other amusement and recreation industries (3); traveler accommodation (3).
Where does Capital Regional Development Council make SBA loans?
In 2 states and territories. New Hampshire 63, Vermont 1. In New Hampshire it accounts for 12.8% of all 504 approvals.
Is Capital Regional Development Council's SBA lending rising?
Approvals in the three latest complete fiscal years total 24, against 53 in the three before: falling (-55%).
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