Lenders › Mortgage Capital Development Corporation
7(a) lenderOakland, Californianon-bank 7(a) lender291st of 2,184 by approvals
Mortgage Capital Development Corporation
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.
Mortgage Capital Development Corporation, based in Oakland, California, is a non-bank 7(a) lender in the SBA 7(a) program. SBA approved 113 of its 7(a) loans worth $25.1M in FY2021 to FY2025, which places it 291st of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 43 approvals totalling $8.9M, about level with FY2024 (41). FY2026 to 30 Jun 2026 adds 20 more.
The median approval was $200K, against $190K for the 7(a) program as a whole; 45.1% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 5 states and territories and 29 counties, led by California (78.8%), Nevada (12.4%) and Arizona (7.1%). The largest industry group was accommodation and food services at 18.6% of approvals, and 3.5% of approvals were to franchise businesses.
Mortgage Capital Development Corporation has fewer than 30 disbursed loans from the FY2010 to FY2021 approval years on record, too few for a charge-off rate to be shown.
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* | 20 | $4.0M | $150K | $201K | 120 |
| FY2025 | 43 | $8.9M | $150K | $207K | 313 |
| FY2024 | 41 | $8.6M | $150K | $211K | 349 |
| FY2023 | 13 | $3.4M | $350K | $258K | 381 |
| FY2022 | 13 | $3.6M | $250K | $275K | 203 |
| FY2021 | 3 | $655K | $250K | $218K | 66 |
| FY2020 | 4 | $780K | $225K | $195K | 31 |
| FY2019 | 8 | $1.4M | $175K | $181K | 62 |
| FY2018 | 6 | $835K | $113K | $139K | 56 |
| FY2017 | 5 | $1.1M | $250K | $210K | 23 |
| FY2016 | 2 | — | — | — | 40 |
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 25 approvals. First approval on file: FY2013.
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 | 35 | 79,249 | 639,905 |
| Cancelled or never disbursed | 7 | 10,102 | 79,313 |
| Disbursed loans | 28 | 69,147 | 560,592 |
| Paid in full | 21 | 52,688 | 435,813 |
| Charged off | 3 | 4,430 | 36,891 |
| Still outstanding (status exempt from disclosure) | 4 | 12,029 | 87,888 |
| Charged off, share of disbursed loans | too few loans | 6.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | too few loans | 1.5% | 2.5% |
| Dollars charged off | — | $565M | $5.70bn |
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $200K | $190K |
| Average approval | $222K | $518K |
| Approvals of $150,000 or less | 45.1% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 34.5% | 34.3% |
| Approvals to franchise businesses | 3.5% | 11.5% |
| Jobs supported per approval, as reported | 11.6 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | too few loans | 6.6% |
States served
| # | State of the business (5 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 89 | $20.4M | 78.8% | |
| 2 | Nevada | 14 | $2.8M | 12.4% | |
| 3 | Arizona | 8 | $1.4M | 7.1% | |
| 4 | Oregon | 1 | — | 0.9% | |
| 5 | North Dakota | 1 | — | 0.9% |
In California the lender accounts for 0.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (29 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Los Angeles County, CA | 22 | $5.2M | 19.5% | |
| 2 | Clark County, NV | 12 | $2.5M | 10.6% | |
| 3 | San Francisco County, CA | 11 | $2.4M | 9.7% | |
| 4 | Alameda County, CA | 10 | $2.8M | 8.8% | |
| 5 | Santa Clara County, CA | 8 | $1.3M | 7.1% | |
| 6 | Maricopa County, AZ | 6 | $1.2M | 5.3% | |
| 7 | Orange County, CA | 4 | $1.0M | 3.5% | |
| 8 | Marin County, CA | 4 | $980K | 3.5% | |
| 9 | Sonoma County, CA | 3 | $800K | 2.7% | |
| 10 | San Joaquin County, CA | 3 | $750K | 2.7% | |
| 11 | Contra Costa County, CA | 3 | $650K | 2.7% | |
| 12 | San Diego County, CA | 3 | $600K | 2.7% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 21 | 18.6% | |
| 2 | Professional, Scientific, and Technical Services | 16 | 14.2% | |
| 3 | Health Care and Social Assistance | 16 | 14.2% | |
| 4 | Wholesale Trade | 12 | 10.6% | |
| 5 | Other Services (except Public Administration) | 9 | 8.0% | |
| 6 | Manufacturing | 7 | 6.2% | |
| 7 | Retail Trade | 7 | 6.2% | |
| 8 | Educational Services | 5 | 4.4% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 18 | 15.9% | |
| 2 | Legal ServicesNAICS 5411 | 5 | 4.4% | |
| 3 | Personal Care ServicesNAICS 8121 | 5 | 4.4% | |
| 4 | Offices of PhysiciansNAICS 6211 | 4 | 3.5% | |
| 5 | Child Day Care ServicesNAICS 6244 | 4 | 3.5% | |
| 6 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 4 | 3.5% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 4 | 3.5% | |
| 8 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 3 | 2.7% | |
| 9 | Individual and Family ServicesNAICS 6241 | 3 | 2.7% | |
| 10 | Professional and Commercial Equipment and Supplies Merchant WholesalersNAICS 4234 | 2 | 1.8% |
Approval sizes
- $50,001 to $150,00045.1%51
- $150,001 to $350,00054.9%62
Loan terms
- Over 5 to 10 years90.3%102
- Over 10 to 20 years6.2%7
- Over 20 years3.5%4
Age of the businesses
- Existing, more than 2 years old55.8%63
- New business, 2 years or less8.8%10
- Startup, loan funds will open the business25.7%29
- Change of ownership9.7%11
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 79 | 69.9% | |
| 2 | Community Advantage Initiative | 26 | 23.0% | |
| 3 | 7a General | 8 | 7.1% |
Franchise share
4 of 113 approvals in FY2021–FY2025 (3.5%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Dunkin' | 1 | 0.9% | |
| 2 | Oakberry Store | 1 | 0.9% | |
| 3 | PuroClean | 1 | 0.9% | |
| 4 | You Move Me | 1 | 0.9% |
Questions and answers
How many SBA loans does Mortgage Capital Development Corporation make?
SBA approved 43 7(a) loans through Mortgage Capital Development Corporation in FY2025, worth $8.9M, and 113 over FY2021 to FY2025. That ranks 291st of 2,184 active 7(a) lenders by number of approvals.
How large are Mortgage Capital Development Corporation's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $200K and the average $222K. The program-wide median was $190K.
What is Mortgage Capital Development Corporation's charge-off rate?
Mortgage Capital Development Corporation has fewer than 30 disbursed loans from the FY2010 to FY2021 approval years on record, too few for a charge-off rate to be shown. 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 Mortgage Capital Development Corporation lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (18); legal services (5); personal care services (5); offices of physicians (4).
Where does Mortgage Capital Development Corporation make SBA loans?
In 5 states and territories. California 89, Nevada 14, Arizona 8, Oregon 1, North Dakota 1. In California it accounts for 0.3% of all 7(a) approvals.
Is Mortgage Capital Development Corporation's SBA lending rising?
Approvals in the three latest complete fiscal years total 97, against 20 in the three before: rising (+385%).
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