Lenders › Greater East Texas Certified Development Company
504 CDCTyler, Texascertified development company51st of 182 by approvals
Greater East Texas Certified Development Company
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.
Greater East Texas Certified Development Company, based in Tyler, Texas, is a certified development company (CDC) that makes SBA 504 loans. SBA approved 177 of its 504 loans worth $307M in FY2021 to FY2025, which places it 51st of 182 active CDCs by number of approvals.
In FY2025, the latest complete fiscal year, it had 36 approvals totalling $75.8M, up 50% on FY2024 (24). FY2026 to 30 Jun 2026 adds 21 more.
The median approval was $1.2M, against $657K for the 504 program as a whole; 1.1% of its approvals were for $150,000 or less (program: 4.6%).
Its loans went to businesses in 1 state or territory and 40 counties, led by Texas (100.0%). The largest industry group was health care and social assistance at 22.6% of approvals, and 15.8% of approvals were to franchise businesses.
Of 497 disbursed loans approved in FY2010 to FY2021, SBA records 10 as charged off (2.0%), 283 as paid in full and 204 still outstanding; the 504 program figure for the same approval years is 1.2%, 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* | 21 | $27.0M | $702K | $1.3M | 271 |
| FY2025 | 36 | $75.8M | $1.7M | $2.1M | 476 |
| FY2024 | 24 | $51.6M | $1.9M | $2.1M | 480 |
| FY2023 | 26 | $54.0M | $1.3M | $2.1M | 702 |
| FY2022 | 50 | $73.5M | $988K | $1.5M | 823 |
| FY2021 | 41 | $52.3M | $866K | $1.3M | 582 |
| FY2020 | 38 | $49.6M | $879K | $1.3M | 530 |
| FY2019 | 46 | $55.4M | $831K | $1.2M | 762 |
| FY2018 | 40 | $46.9M | $979K | $1.2M | 755 |
| FY2017 | 39 | $62.2M | $946K | $1.6M | 900 |
| FY2016 | 43 | $52.2M | $909K | $1.2M | 586 |
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 206 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 | Texas | 504 program |
|---|---|---|---|
| Approvals in these years | 570 | 4,161 | 85,591 |
| Cancelled or never disbursed | 73 | 663 | 12,514 |
| Disbursed loans | 497 | 3,498 | 73,077 |
| Paid in full | 283 | 1,831 | 35,491 |
| Charged off | 10 | 72 | 905 |
| Still outstanding (status exempt from disclosure) | 204 | 1,595 | 36,681 |
| Charged off, share of disbursed loans | 2.0% | 2.1% | 1.2% |
| Dollars charged off, share of disbursed dollars | 1.4% | 1.8% | 0.9% |
| Dollars charged off | $7.0M | $57.3M | $499M |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 504 program, same year |
|---|---|---|---|---|---|
| FY2021 | 34 | 2 | 0 | 0.0% | 0.1% |
| FY2020 | 33 | 5 | 0 | 0.0% | 0.1% |
| FY2019 | 39 | 15 | 0 | 0.0% | 0.3% |
| FY2018 | 38 | 15 | 0 | 0.0% | 0.4% |
| FY2017 | 32 | 16 | 0 | 0.0% | 0.8% |
| FY2016 | 36 | 23 | 3 | 8.3% | 1.0% |
| FY2015 | 27 | 15 | 0 | — | 1.2% |
| FY2014 | 31 | 21 | 0 | 0.0% | 1.3% |
| FY2013 | 58 | 38 | 1 | 1.7% | 1.4% |
| FY2012 | 70 | 57 | 0 | 0.0% | 2.0% |
| FY2011 | 50 | 39 | 2 | 4.0% | 2.1% |
| FY2010 | 49 | 37 | 4 | 8.2% | 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 | $1.2M | $657K |
| Average approval | $1.7M | $1.0M |
| Approvals of $150,000 or less | 1.1% | 4.6% |
| Approvals to startups and businesses 2 years old or less | 24.3% | 14.4% |
| Approvals to franchise businesses | 15.8% | 9.0% |
| Jobs supported per approval, as reported | 17.3 | 10.1 |
| Charged off, loans approved FY2010–FY2021 | 2.0% | 1.2% |
States served
| # | State of the business (1 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 177 | $307M | 100.0% |
In Texas the lender accounts for 10.5% of all 504 approvals in FY2021–FY2025.
Counties served
| # | County of the business (40 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Tarrant County, TX | 36 | $72.5M | 20.3% | |
| 2 | Dallas County, TX | 27 | $47.2M | 15.3% | |
| 3 | Collin County, TX | 19 | $44.6M | 10.7% | |
| 4 | Denton County, TX | 19 | $30.0M | 10.7% | |
| 5 | Harris County, TX | 14 | $30.6M | 7.9% | |
| 6 | Smith County, TX | 10 | $15.1M | 5.6% | |
| 7 | Johnson County, TX | 5 | $9.3M | 2.8% | |
| 8 | Fort Bend County, TX | 4 | $5.4M | 2.3% | |
| 9 | Rockwall County, TX | 4 | $3.2M | 2.3% | |
| 10 | Navarro County, TX | 3 | $3.6M | 1.7% | |
| 11 | Gregg County, TX | 3 | $1.0M | 1.7% | |
| 12 | Bowie County, TX | 2 | — | 1.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 40 | 22.6% | |
| 2 | Manufacturing | 33 | 18.6% | |
| 3 | Accommodation and Food Services | 23 | 13.0% | |
| 4 | Arts, Entertainment, and Recreation | 15 | 8.5% | |
| 5 | Retail Trade | 13 | 7.3% | |
| 6 | Professional, Scientific, and Technical Services | 11 | 6.2% | |
| 7 | Other Services (except Public Administration) | 11 | 6.2% | |
| 8 | Real Estate and Rental and Leasing | 8 | 4.5% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Offices of PhysiciansNAICS 6211 | 13 | 7.3% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 11 | 6.2% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 11 | 6.2% | |
| 4 | Child Day Care ServicesNAICS 6244 | 9 | 5.1% | |
| 5 | Traveler AccommodationNAICS 7211 | 7 | 4.0% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 7 | 4.0% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 3.4% | |
| 8 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 4 | 2.3% | |
| 9 | Elementary and Secondary SchoolsNAICS 6111 | 4 | 2.3% | |
| 10 | Performing Arts CompaniesNAICS 7111 | 4 | 2.3% |
Approval sizes
- $50,001 to $150,0001.1%2
- $150,001 to $350,0008.5%15
- $350,001 to $1 million33.9%60
- $1 million to $2 million24.3%43
- Over $2 million32.2%57
Loan terms
- Over 10 to 20 years9.0%16
- Over 20 years91.0%161
Age of the businesses
- Existing, more than 2 years old74.0%131
- New business, 2 years or less0.6%1
- Startup, loan funds will open the business23.7%42
- Change of ownership1.7%3
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | 504 Basic | 101 | 57.1% | |
| 2 | Accredited Lenders Program | 60 | 33.9% | |
| 3 | ALP Express | 9 | 5.1% | |
| 4 | 504 Refinancing Program | 7 | 4.0% |
Franchise share
28 of 177 approvals in FY2021–FY2025 (15.8%) carried an SBA franchise code; across the 504 program the share is 9.0%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Kiddie Academy | 3 | 1.7% | |
| 2 | The Goddard School | 2 | 1.1% | |
| 3 | Yanmar | 1 | 0.6% | |
| 4 | Putt-Putt | 1 | 0.6% | |
| 5 | SpringHill Suites by Marriott | 1 | 0.6% | |
| 6 | Candlewood Suites | 1 | 0.6% | |
| 7 | La Quinta by Wyndham | 1 | 0.6% | |
| 8 | Holiday Inn Express | 1 | 0.6% |
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 | JPMorgan Chase Bank, National Association | 16 | 9.0% | |
| 2 | First United Bank and Trust Company | 15 | 8.5% | |
| 3 | Austin Bank Texas National Association | 13 | 7.3% | |
| 4 | Bank Five Nine | 12 | 6.8% | |
| 5 | PlainsCapital Bank | 10 | 5.6% | |
| 6 | Prosperity Bank | 8 | 4.5% | |
| 7 | The Huntington National Bank | 7 | 4.0% |
Questions and answers
How many SBA loans does Greater East Texas Certified Development Company make?
SBA approved 36 504 loans through Greater East Texas Certified Development Company in FY2025, worth $75.8M, and 177 over FY2021 to FY2025. That ranks 51st of 182 active CDCs by number of approvals.
How large are Greater East Texas Certified Development Company's typical SBA loans?
The median 504 approval in FY2021 to FY2025 was $1.2M and the average $1.7M. The program-wide median was $657K.
What is Greater East Texas Certified Development Company's charge-off rate?
Of 497 disbursed loans approved in FY2010 to FY2021, SBA records 10 as charged off (2.0%), 283 as paid in full and 204 still outstanding; the 504 program figure for the same approval years is 1.2%, 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 Greater East Texas Certified Development Company lend to most?
By number of approvals in FY2021 to FY2025: offices of physicians (13); offices of other health practitioners (11); restaurants and other eating places (11); child day care services (9).
Where does Greater East Texas Certified Development Company make SBA loans?
In 1 state or territory. Texas 177. In Texas it accounts for 10.5% of all 504 approvals.
Is Greater East Texas Certified Development Company's SBA lending rising?
Approvals in the three latest complete fiscal years total 86, against 129 in the three before: falling (-33%).
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