Lenders › So Cal CDC
504 CDCMission Hills, Californiacertified development company83rd of 182 by approvals
So Cal CDC
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.
So Cal CDC, based in Mission Hills, California, is a certified development company (CDC) that makes SBA 504 loans. SBA approved 88 of its 504 loans worth $82.7M in FY2021 to FY2025, which places it 83rd of 182 active CDCs by number of approvals.
In FY2025, the latest complete fiscal year, it had 3 approvals totalling $2.5M. FY2026 to 30 Jun 2026 adds 5 more.
The median approval was $815K, against $657K for the 504 program as a whole; 0.0% of its approvals were for $150,000 or less (program: 4.6%).
Its loans went to businesses in 1 state or territory and 15 counties, led by California (100.0%). The largest industry group was professional, scientific, and technical services at 12.5% of approvals, and 3.4% of approvals were to franchise businesses.
Of 259 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (0.8%), 125 as paid in full and 132 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* | 5 | $2.7M | $516K | $549K | 32 |
| FY2025 | 3 | $2.5M | $881K | $827K | 70 |
| FY2024 | 6 | $7.0M | $1.4M | $1.2M | 33 |
| FY2023 | 14 | $11.9M | $764K | $849K | 83 |
| FY2022 | 34 | $35.1M | $832K | $1.0M | 409 |
| FY2021 | 31 | $26.2M | $783K | $847K | 262 |
| FY2020 | 30 | $27.4M | $467K | $912K | 198 |
| FY2019 | 29 | $40.1M | $793K | $1.4M | 331 |
| FY2018 | 21 | $27.4M | $661K | $1.3M | 213 |
| FY2017 | 22 | $16.5M | $574K | $752K | 137 |
| FY2016 | 25 | $32.3M | $671K | $1.3M | 264 |
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 127 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 | 504 program |
|---|---|---|---|
| Approvals in these years | 294 | 16,149 | 85,591 |
| Cancelled or never disbursed | 35 | 1,904 | 12,514 |
| Disbursed loans | 259 | 14,245 | 73,077 |
| Paid in full | 125 | 7,213 | 35,491 |
| Charged off | 2 | 54 | 905 |
| Still outstanding (status exempt from disclosure) | 132 | 6,978 | 36,681 |
| Charged off, share of disbursed loans | 0.8% | 0.4% | 1.2% |
| Dollars charged off, share of disbursed dollars | 0.3% | 0.3% | 0.9% |
| Dollars charged off | $629K | $38.6M | $499M |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 504 program, same year |
|---|---|---|---|---|---|
| FY2021 | 24 | 3 | 0 | — | 0.1% |
| FY2020 | 29 | 9 | 0 | — | 0.1% |
| FY2019 | 28 | 7 | 0 | — | 0.3% |
| FY2018 | 19 | 5 | 0 | — | 0.4% |
| FY2017 | 22 | 8 | 0 | — | 0.8% |
| FY2016 | 23 | 13 | 0 | — | 1.0% |
| FY2015 | 21 | 10 | 2 | — | 1.2% |
| FY2014 | 16 | 10 | 0 | — | 1.3% |
| FY2013 | 41 | 33 | 0 | 0.0% | 1.4% |
| FY2012 | 36 | 27 | 0 | 0.0% | 2.0% |
| FY2011 | 0 | 0 | 0 | — | 2.1% |
| FY2010 | 0 | 0 | 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 | $815K | $657K |
| Average approval | $939K | $1.0M |
| Approvals of $150,000 or less | 0.0% | 4.6% |
| Approvals to startups and businesses 2 years old or less | 2.3% | 14.4% |
| Approvals to franchise businesses | 3.4% | 9.0% |
| Jobs supported per approval, as reported | 9.7 | 10.1 |
| Charged off, loans approved FY2010–FY2021 | 0.8% | 1.2% |
States served
| # | State of the business (1 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 88 | $82.7M | 100.0% |
In California the lender accounts for 1.2% of all 504 approvals in FY2021–FY2025.
Counties served
| # | County of the business (15 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Los Angeles County, CA | 42 | $39.9M | 47.7% | |
| 2 | San Bernardino County, CA | 12 | $11.0M | 13.6% | |
| 3 | Riverside County, CA | 9 | $10.1M | 10.2% | |
| 4 | Ventura County, CA | 7 | $5.0M | 8.0% | |
| 5 | Orange County, CA | 5 | $6.0M | 5.7% | |
| 6 | San Diego County, CA | 3 | $3.1M | 3.4% | |
| 7 | Imperial County, CA | 2 | — | 2.3% | |
| 8 | San Joaquin County, CA | 1 | — | 1.1% | |
| 9 | San Francisco County, CA | 1 | — | 1.1% | |
| 10 | Sacramento County, CA | 1 | — | 1.1% | |
| 11 | Stanislaus County, CA | 1 | — | 1.1% | |
| 12 | Santa Barbara County, CA | 1 | — | 1.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 11 | 12.5% | |
| 2 | Transportation and Warehousing | 10 | 11.4% | |
| 3 | Health Care and Social Assistance | 9 | 10.2% | |
| 4 | Other Services (except Public Administration) | 9 | 10.2% | |
| 5 | Wholesale Trade | 8 | 9.1% | |
| 6 | Construction | 7 | 8.0% | |
| 7 | Accommodation and Food Services | 6 | 6.8% | |
| 8 | Real Estate and Rental and Leasing | 6 | 6.8% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 8.0% | |
| 2 | Legal ServicesNAICS 5411 | 4 | 4.5% | |
| 3 | General Freight TruckingNAICS 4841 | 4 | 4.5% | |
| 4 | Offices of DentistsNAICS 6212 | 4 | 4.5% | |
| 5 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 3.4% | |
| 6 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 3 | 3.4% | |
| 7 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 3 | 3.4% | |
| 8 | Architectural, Engineering, and Related ServicesNAICS 5413 | 3 | 3.4% | |
| 9 | Lessors of Real EstateNAICS 5311 | 2 | 2.3% | |
| 10 | Agents and Managers for Artists, Athletes, Entertainers, and Other Public FiguresNAICS 7114 | 2 | 2.3% |
Approval sizes
- $150,001 to $350,00013.6%12
- $350,001 to $1 million48.9%43
- $1 million to $2 million31.8%28
- Over $2 million5.7%5
Loan terms
- Over 10 to 20 years2.3%2
- Over 20 years97.7%86
Age of the businesses
- Existing, more than 2 years old95.5%84
- New business, 2 years or less1.1%1
- Startup, loan funds will open the business1.1%1
- Change of ownership2.3%2
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | 504 Basic | 78 | 88.6% | |
| 2 | 504 Refinancing Program | 10 | 11.4% |
Franchise share
3 of 88 approvals in FY2021–FY2025 (3.4%) carried an SBA franchise code; across the 504 program the share is 9.0%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Century 21 | 1 | 1.1% | |
| 2 | Pacific Agents Alliance | 1 | 1.1% | |
| 3 | Jiffy Lube | 1 | 1.1% |
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 | Zions Bank, A Division of | 13 | 14.8% | |
| 2 | First-Citizens Bank & Trust Company | 7 | 8.0% | |
| 3 | Columbia Bank | 7 | 8.0% | |
| 4 | Poppy Bank | 6 | 6.8% | |
| 5 | CalPrivate Bank | 6 | 6.8% |
Questions and answers
How many SBA loans does So Cal CDC make?
SBA approved 3 504 loans through So Cal CDC in FY2025, worth $2.5M, and 88 over FY2021 to FY2025. That ranks 83rd of 182 active CDCs by number of approvals.
How large are So Cal CDC's typical SBA loans?
The median 504 approval in FY2021 to FY2025 was $815K and the average $939K. The program-wide median was $657K.
What is So Cal CDC's charge-off rate?
Of 259 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (0.8%), 125 as paid in full and 132 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 So Cal CDC lend to most?
By number of approvals in FY2021 to FY2025: automotive repair and maintenance (7); legal services (4); general freight trucking (4); offices of dentists (4).
Where does So Cal CDC make SBA loans?
In 1 state or territory. California 88. In California it accounts for 1.2% of all 504 approvals.
Is So Cal CDC's SBA lending rising?
Approvals in the three latest complete fiscal years total 23, against 95 in the three before: falling (-76%).
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