SBA lender profile
Central Minnesota Development Company
Central Minnesota Development Company appears in the public SBA loan data with 322 funded 504 loans since FY2010, totaling $248.2M, an average of $771K per loan, and an estimated 3,839 jobs supported. Its SBA lending concentrates in Minnesota and the Manufacturing sector. Charge-off status is reported only on 7(a) loans, so no charge-off rate is available for this 504-only lender.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record n/r
- Scale 79
- Activity 82
- Consistency 86
Track record is 7(a)-only; Central Minnesota Development Company appears with 504 loans only, so it’s scored on scale, activity, and consistency.
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Central Minnesota Development Company the right lender for you?
Lenders fund what they know. Central Minnesota Development Company's SBA lending concentrates in Minnesota (312 loans) and Manufacturing (76 loans), at an average loan of $771K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Central Minnesota Development Company is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Central Minnesota Development Company lends
Top states by funded SBA volume.
Metro areas where Central Minnesota Development Company funds
What Central Minnesota Development Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 76 | $79.1M |
| Health Care and Social Assistance | 49 | $35.7M |
| Accommodation and Food Services | 34 | $27.2M |
| Construction | 37 | $20.8M |
| Other Services | 29 | $19.5M |
| Retail Trade | 29 | $19.0M |
Central Minnesota Development Company SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 14 | $5.3M |
| 2011 | 19 | $10.4M |
| 2012 | 19 | $8.8M |
| 2013 | 24 | $11.8M |
| 2014 | 15 | $11.2M |
| 2015 | 16 | $12.4M |
| 2016 | 18 | $21.0M |
| 2017 | 18 | $11.0M |
| 2018 | 26 | $20.3M |
| 2019 | 12 | $8.9M |
| 2020 | 13 | $6.2M |
| 2021 | 35 | $26.5M |
| 2022 | 33 | $35.5M |
| 2023 | 16 | $12.8M |
| 2024 | 9 | $13.0M |
| 2025 | 25 | $27.6M |
| 2026 | 10 | $5.7M |
Related SBA lenders
Other lenders active in Minnesota or in Manufacturing.
New to the program? See how an SBA 504 loan works (the structure, the rates, and the CDC's role), browse every Certified Development Company ranked by 504 volume , or see how to choose an SBA lender by track record.
Central Minnesota Development Company: frequently asked questions
Does Central Minnesota Development Company offer SBA loans?
Yes. Central Minnesota Development Company appears in the public SBA data with 322 funded SBA 504 loans totaling $248.2M, as a Certified Development Company (CDC) that funds the SBA 504 portion of a project.
How many SBA loans has Central Minnesota Development Company made?
Central Minnesota Development Company is associated with 322 SBA 504 loans totaling $248.2M in the public SBA data (as of 2026-03-31).
What is Central Minnesota Development Company's SBA charge-off rate?
Charge-off status is reported only on 7(a) loans, and Central Minnesota Development Company appears with 504 loans only, so there is no charge-off rate to report. See our methodology.
Where does Central Minnesota Development Company do most of its SBA lending?
Central Minnesota Development Company's SBA lending in the data is most concentrated in Minnesota, and by industry in Manufacturing.
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.
Request your institution's benchmarking →Mario Bailey. (2026). Central Minnesota Development Company SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/central-minnesota-development-company/
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