JEDCO Development Corporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by JEDCO Development Corporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 334111 | Electronic Computer Manufacturing | 1 | $250K | $250K | 100.0% |
Geographic Distribution
SBA lending activity for JEDCO Development Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 1 | $250K | 100.0% |
Why Choose JEDCO Development Corporation?
Based on SBA 7(a) lending track record from 1998-1998
- ✓Proven Track Record: 1 SBA loans approved, totaling $250K in financing
- ✓Industry Expertise: Specialized focus on Electronic Computer Manufacturing
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 60 months
- ✓Loan Range: Loan sizes from $250K to $250K, with an average of $250K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in LA
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 JEDCO Development Corporation SBA lending
What types of businesses does JEDCO Development Corporation typically finance?
JEDCO Development Corporation specializes in SBA 7(a) lending to specific industries including electronic computer manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are JEDCO Development Corporation's typical SBA loan terms?
JEDCO Development Corporation's SBA 7(a) loans typically feature an average interest rate of — and average term length of 60 months (approximately 5 years). Loan sizes range from $250K to $250K, with an average loan size of $250K.
Do I need a business valuation for a JEDCO Development Corporation SBA loan?
Yes, JEDCO 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 JEDCO Development Corporation compare to other SBA lenders?
JEDCO Development Corporation has originated 1 SBA loans totaling $250K since 1998. 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 JEDCO Development Corporation lend in?
JEDCO Development Corporation provides SBA 7(a) financing with particularly strong presence in LA. 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.
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