Lenders › CDC Small Business Finance Corp.
7(a) lenderSan Diego, Californianon-bank 7(a) lender29th of 2,184 by approvals
CDC Small Business Finance Corp.
SBA 7(a) 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.
CDC Small Business Finance Corp., based in San Diego, California, is a non-bank 7(a) lender in the SBA 7(a) program. SBA approved 1,436 of its 7(a) loans worth $231M in FY2021 to FY2025, which places it 29th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 356 approvals totalling $57.6M, up 17% on FY2024 (305). FY2026 to 30 Jun 2026 adds 167 more.
The median approval was $150K, against $190K for the 7(a) program as a whole; 60.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 39 states and territories and 220 counties, led by California (61.6%), Texas (6.4%) and Arizona (5.6%). The largest industry group was health care and social assistance at 14.3% of approvals, and 11.1% of approvals were to franchise businesses.
Of 1,073 disbursed loans approved in FY2010 to FY2021, SBA records 192 as charged off (17.9%), 568 as paid in full and 313 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above 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* | 167 | $28.2M | $150K | $169K | 439 |
| FY2025 | 356 | $57.6M | $150K | $162K | 1,133 |
| FY2024 | 305 | $49.6M | $145K | $163K | 1,035 |
| FY2023 | 331 | $60.1M | $150K | $182K | 1,732 |
| FY2022 | 253 | $37.6M | $140K | $148K | 1,012 |
| FY2021 | 191 | $26.1M | $126K | $136K | 889 |
| FY2020 | 147 | $20.4M | $145K | $139K | 1,044 |
| FY2019 | 195 | $29.9M | $150K | $154K | 1,113 |
| FY2018 | 203 | $31.9M | $150K | $157K | 1,560 |
| FY2017 | 146 | $22.6M | $150K | $154K | 1,119 |
| FY2016 | 99 | $12.4M | $114K | $125K | 768 |
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 790 approvals. First approval on file: FY2011.
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 | 7(a) program |
|---|---|---|---|
| Approvals in these years | 1,216 | 79,249 | 639,905 |
| Cancelled or never disbursed | 143 | 10,102 | 79,313 |
| Disbursed loans | 1,073 | 69,147 | 560,592 |
| Paid in full | 568 | 52,688 | 435,813 |
| Charged off | 192 | 4,430 | 36,891 |
| Still outstanding (status exempt from disclosure) | 313 | 12,029 | 87,888 |
| Charged off, share of disbursed loans | 17.9% | 6.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | 14.4% | 1.5% | 2.5% |
| Dollars charged off | $21.6M | $565M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 160 | 62 | 26 | 16.3% | 2.8% |
| FY2020 | 124 | 55 | 18 | 14.5% | 4.0% |
| FY2019 | 166 | 63 | 34 | 20.5% | 6.7% |
| FY2018 | 191 | 67 | 55 | 28.8% | 7.9% |
| FY2017 | 134 | 79 | 25 | 18.7% | 7.7% |
| FY2016 | 94 | 67 | 11 | 11.7% | 7.2% |
| FY2015 | 82 | 73 | 6 | 7.3% | 6.9% |
| FY2014 | 45 | 35 | 8 | 17.8% | 6.4% |
| FY2013 | 38 | 33 | 4 | 10.5% | 6.0% |
| FY2012 | 31 | 28 | 3 | 9.7% | 6.3% |
| FY2011 | 8 | 6 | 2 | — | 6.9% |
| FY2010 | 0 | 0 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $150K | $190K |
| Average approval | $161K | $518K |
| Approvals of $150,000 or less | 60.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 56.1% | 34.3% |
| Approvals to franchise businesses | 11.1% | 11.5% |
| Jobs supported per approval, as reported | 4.0 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 17.9% | 6.6% |
States served
| # | State of the business (39 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 884 | $153M | 61.6% | |
| 2 | Texas | 92 | $12.5M | 6.4% | |
| 3 | Arizona | 80 | $15.1M | 5.6% | |
| 4 | Florida | 64 | $8.0M | 4.5% | |
| 5 | Michigan | 58 | $6.5M | 4.0% | |
| 6 | Georgia | 41 | $5.2M | 2.9% | |
| 7 | Nevada | 39 | $5.4M | 2.7% | |
| 8 | Maryland | 29 | $3.5M | 2.0% | |
| 9 | New York | 23 | $3.5M | 1.6% | |
| 10 | Virginia | 19 | $2.7M | 1.3% | |
| 11 | North Carolina | 13 | $2.2M | 0.9% | |
| 12 | District of Columbia | 11 | $1.0M | 0.8% |
In California the lender accounts for 2.5% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (220 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Los Angeles County, CA | 247 | $38.7M | 17.2% | |
| 2 | San Diego County, CA | 219 | $38.6M | 15.3% | |
| 3 | Orange County, CA | 121 | $22.8M | 8.4% | |
| 4 | Riverside County, CA | 70 | $13.3M | 4.9% | |
| 5 | Maricopa County, AZ | 66 | $12.3M | 4.6% | |
| 6 | San Bernardino County, CA | 45 | $8.3M | 3.1% | |
| 7 | Clark County, NV | 32 | $4.5M | 2.2% | |
| 8 | Wayne County, MI | 31 | $3.4M | 2.2% | |
| 9 | Sacramento County, CA | 23 | $4.2M | 1.6% | |
| 10 | Broward County, FL | 18 | $2.5M | 1.3% | |
| 11 | Fresno County, CA | 16 | $3.0M | 1.1% | |
| 12 | Prince George's County, MD | 16 | $1.4M | 1.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 206 | 14.3% | |
| 2 | Retail Trade | 187 | 13.0% | |
| 3 | Other Services (except Public Administration) | 162 | 11.3% | |
| 4 | Professional, Scientific, and Technical Services | 162 | 11.3% | |
| 5 | Accommodation and Food Services | 133 | 9.3% | |
| 6 | Manufacturing | 112 | 7.8% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 98 | 6.8% | |
| 8 | Construction | 90 | 6.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 96 | 6.7% | |
| 2 | Personal Care ServicesNAICS 8121 | 61 | 4.2% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 56 | 3.9% | |
| 4 | Home Health Care ServicesNAICS 6216 | 52 | 3.6% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 49 | 3.4% | |
| 6 | Other Personal ServicesNAICS 8129 | 47 | 3.3% | |
| 7 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 46 | 3.2% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 36 | 2.5% | |
| 9 | Other Schools and InstructionNAICS 6116 | 32 | 2.2% | |
| 10 | Automotive Repair and MaintenanceNAICS 8111 | 32 | 2.2% |
Approval sizes
- $50,000 or less14.6%210
- $50,001 to $150,00045.5%654
- $150,001 to $350,00039.8%572
Loan terms
- 5 years or less1.3%19
- Over 5 to 10 years97.0%1,393
- Over 10 to 20 years1.0%14
- Over 20 years0.7%10
Age of the businesses
- Existing, more than 2 years old35.5%510
- New business, 2 years or less6.5%94
- Startup, loan funds will open the business49.6%712
- Change of ownership8.4%120
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Community Advantage Initiative | 723 | 50.3% | |
| 2 | Preferred Lenders Program | 625 | 43.5% | |
| 3 | 7a General | 77 | 5.4% | |
| 4 | Community Advantage International Trade | 8 | 0.6% | |
| 5 | International Trade Loans | 3 | 0.2% |
Franchise share
160 of 1,436 approvals in FY2021–FY2025 (11.1%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Nurse Next Door | 28 | 1.9% | |
| 2 | CarePatrol | 9 | 0.6% | |
| 3 | United Water Restoration Group | 7 | 0.5% | |
| 4 | The UPS Store | 4 | 0.3% | |
| 5 | AtWork | 4 | 0.3% | |
| 6 | Amada Senior Care | 4 | 0.3% | |
| 7 | Unishippers | 4 | 0.3% | |
| 8 | Lashbar | 3 | 0.2% |
Questions and answers
How many SBA loans does CDC Small Business Finance Corp. make?
SBA approved 356 7(a) loans through CDC Small Business Finance Corp. in FY2025, worth $57.6M, and 1,436 over FY2021 to FY2025. That ranks 29th of 2,184 active 7(a) lenders by number of approvals.
How large are CDC Small Business Finance Corp.'s typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $150K and the average $161K. The program-wide median was $190K.
What is CDC Small Business Finance Corp.'s charge-off rate?
Of 1,073 disbursed loans approved in FY2010 to FY2021, SBA records 192 as charged off (17.9%), 568 as paid in full and 313 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above 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 CDC Small Business Finance Corp. lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (96); personal care services (61); other amusement and recreation industries (56); home health care services (52).
Where does CDC Small Business Finance Corp. make SBA loans?
In 39 states and territories. California 884, Texas 92, Arizona 80, Florida 64, Michigan 58. In California it accounts for 2.5% of all 7(a) approvals.
Is CDC Small Business Finance Corp.'s SBA lending rising?
Approvals in the three latest complete fiscal years total 992, against 591 in the three before: rising (+68%).
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