Top Industries Financed
- Hotels (except Casino Hotels) and Motels
- Full-Service Restaurants
- All Other Miscellaneous Manufacturing
- General Automotive Repair
- Offices of Mental Health Practitioners (except Physicians)
Quick Summary
Community Development Corporat is an SBA-certified Certified Development Company (CDC) headquartered in Fort Wayne, Indiana. Since 2010, they have approved 219 SBA 504 loans totaling $117.8M, with an average loan size of $538K. They serve businesses across 3 states.
About Community Development Corporat
Community Development Corporat is an SBA-certified Certified Development Company (CDC) headquartered in Fort Wayne, Indiana. Since 2010, they have approved 219 SBA 504 loans totaling $117.8M, with an average loan size of $538K. They serve businesses across 3 states.
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Frequently Asked Questions
What does Community Development Corporat do?
Community Development Corporat is an SBA-certified Certified Development Company (CDC) based in Fort Wayne, Indiana. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Community Development Corporat handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Community Development Corporat approved?
According to SBA FOIA public records, Community Development Corporat has approved 219 SBA 504 loans totaling $117.8M since 2010. Their average loan size is $538K.
What states does Community Development Corporat serve?
Community Development Corporat serves businesses in 3 states: Indiana, Michigan, Ohio.
How do I apply for an SBA 504 loan through Community Development Corporat?
To apply for an SBA 504 loan through Community Development Corporat, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
Get in Touch with This CDC
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