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SBA lender profile

African Development Center

African Development Center appears in the public SBA loan data with 18 funded 7(a) loans since FY2010, totaling $3.7M, an average of $207K per loan, and an estimated 135 jobs supported. Its SBA lending concentrates in Minnesota and the Retail Trade sector. With only 18 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Funded loans
18
Since FY2010
Total volume
$3.7M
Average loan size
$207K
7(a) charge-off rate
Insufficient data
Only 18 7(a) loans in the data
Jobs supported (reported)
135
Programs
7(a)

Is African Development Center the right lender for you?

African Development Center appears in the SBA record with 18 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.

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Where African Development Center lends

Top states by funded SBA volume.

StateLoansTotal volume
Minnesota 18 $3.7M

What African Development Center funds

Top industries by funded SBA volume.

African Development Center SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20172$100K
20182$350K
20195$850K
20202$390K
20212$500K
20222$481K
20232$700K
20251$350K

Related SBA lenders

Other lenders active in Minnesota or in Retail Trade.

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African Development Center: frequently asked questions

Does African Development Center offer SBA loans?

Yes. African Development Center appears in the public SBA data with 18 funded SBA 7(a) loans totaling $3.7M.

How many SBA loans has African Development Center made?

African Development Center is associated with 18 SBA 7(a) loans totaling $3.7M in the public SBA data (as of 2026-03-31).

What is African Development Center's SBA charge-off rate?

African Development Center appears with only 18 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.

Where does African Development Center do most of its SBA lending?

African Development Center's SBA lending in the data is most concentrated in Minnesota, and by industry in Retail Trade.

For African Development Center

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of African Development Center's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). African Development Center SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/african-development-center/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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