SBA lender profile
Business Development Corporation (BDC)
Business Development Corporation (BDC) appears in the public SBA loan data with 356 funded 504 loans totaling $191.2M, an average of $537K per loan, and an estimated 6,292 jobs supported. Its SBA lending concentrates in Indiana and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
356
Total volume
$191.2M
Average loan size
$537K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
6,292
Programs
504
Business Development Corporation (BDC) is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Business Development Corporation (BDC) lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Indiana | 320 | $174.1M |
| Michigan | 35 | $15.9M |
| Massachusetts | 1 | $1.2M |
What Business Development Corporation (BDC) funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 89 | $60.1M |
| Accommodation and Food Services | 62 | $35.2M |
| Wholesale Trade | 19 | $16.1M |
| Retail Trade | 41 | $15.8M |
| Real Estate | 23 | $12.5M |
| Health Care and Social Assistance | 26 | $11.7M |
Business Development Corporation (BDC) SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 30 | $10.1M |
| 2011 | 19 | $9.3M |
| 2012 | 33 | $13.1M |
| 2013 | 24 | $18.4M |
| 2014 | 21 | $10.3M |
| 2015 | 22 | $8.1M |
| 2016 | 17 | $3.9M |
| 2017 | 34 | $19.7M |
| 2018 | 15 | $7.7M |
| 2019 | 12 | $5.1M |
| 2020 | 18 | $12.4M |
| 2021 | 33 | $18.9M |
| 2022 | 31 | $27.5M |
| 2023 | 11 | $8.4M |
| 2024 | 11 | $7.1M |
| 2025 | 20 | $9.5M |
| 2026 | 5 | $1.8M |
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 Business Development Corporation (BDC)'s funded loans marked charged off across all of its
loans in the data; 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.
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