California Statewide Certified Development Corporation
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by California Statewide Certified Development Corporation
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 72 | $16.5M | $228K | 15.3% |
| 722513 | Limited-Service Restaurants | 56 | $9.9M | $176K | 11.9% |
| 812990 | All Other Personal Services | 32 | $6.3M | $197K | 6.8% |
| 312130 | Wineries | 16 | $2.4M | $147K | 3.4% |
| 541990 | All Other Professional, Scientific, and Technical Services | 16 | $2.4M | $150K | 3.4% |
| 811111 | General Automotive Repair | 16 | $3.5M | $218K | 3.4% |
| 561740 | Carpet and Upholstery Cleaning Services | 16 | $1.7M | $109K | 3.4% |
| 611620 | Sports and Recreation Instruction | 16 | $3.0M | $190K | 3.4% |
| 711310 | Promoters of Performing Arts, Sports, and Similar Events with Faciliti | 8 | $1.2M | $150K | 1.7% |
| 811198 | All Other Automotive Repair and Maintenance | 8 | $1.2M | $150K | 1.7% |
Geographic Distribution
SBA lending activity for California Statewide Certified Development Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 456 | $81.3M | 96.6% |
| Nevada (NV) | 16 | $4.1M | 3.4% |
Why Choose California Statewide Certified Development Corporation?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 472 SBA loans approved, totaling $85.4M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, All Other Personal Services
- ✓Competitive Terms: Average interest rate of 9.20% with flexible term lengths averaging 128 months
- ✓Loan Range: Loan sizes from $50K to $350K, with an average of $181K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in CA, NV
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about California Statewide Certified Development Corporation SBA lending
What types of businesses does California Statewide Certified Development Corporation typically finance?
California Statewide Certified Development Corporation specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, all other personal services, wineries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are California Statewide Certified Development Corporation's typical SBA loan terms?
California Statewide Certified Development Corporation's SBA 7(a) loans typically feature an average interest rate of 9.20% and average term length of 128 months (approximately 11 years). Loan sizes range from $50K to $350K, with an average loan size of $181K.
Do I need a business valuation for a California Statewide Certified Development Corporation SBA loan?
Yes, California Statewide Certified Development Corporation typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does California Statewide Certified Development Corporation compare to other SBA lenders?
California Statewide Certified Development Corporation has originated 472 SBA loans totaling $85.4M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does California Statewide Certified Development Corporation lend in?
California Statewide Certified Development Corporation provides SBA 7(a) financing with particularly strong presence in CA, NV. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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