SBA lender profile
HEDCO Local Development Corporation
HEDCO Local Development Corporation appears in the public SBA loan data with 544 funded 504 loans since FY2010, totaling $336.5M, an average of $619K per loan, and an estimated 2,732 jobs supported. Its SBA lending concentrates in Hawaii and the Construction 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 85
- Activity 76
- Consistency 91
Track record is 7(a)-only; HEDCO Local Development Corporation 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 HEDCO Local Development Corporation the right lender for you?
Lenders fund what they know. HEDCO Local Development Corporation's SBA lending concentrates in Hawaii (516 loans) and Construction (106 loans), at an average loan of $619K. 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.
HEDCO Local Development Corporation is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where HEDCO Local Development Corporation lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Hawaii | 516 | $316.2M |
| Guam | 27 | $20.2M |
| California | 1 | $66K |
Metro areas where HEDCO Local Development Corporation funds
What HEDCO Local Development Corporation funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 106 | $57.9M |
| Retail Trade | 68 | $45.5M |
| Health Care and Social Assistance | 73 | $39.9M |
| Wholesale Trade | 42 | $37.8M |
| Accommodation and Food Services | 42 | $27.4M |
| Professional and Technical Services | 50 | $27.1M |
HEDCO Local Development Corporation SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 40 | $26.2M |
| 2011 | 54 | $28.6M |
| 2012 | 69 | $29.1M |
| 2013 | 66 | $31.0M |
| 2014 | 32 | $20.3M |
| 2015 | 38 | $22.9M |
| 2016 | 36 | $25.4M |
| 2017 | 38 | $25.3M |
| 2018 | 31 | $19.9M |
| 2019 | 28 | $19.1M |
| 2020 | 27 | $18.8M |
| 2021 | 28 | $17.3M |
| 2022 | 22 | $20.7M |
| 2023 | 10 | $8.7M |
| 2024 | 11 | $12.4M |
| 2025 | 10 | $9.4M |
| 2026 | 4 | $1.4M |
Related SBA lenders
Other lenders active in Hawaii or in Construction.
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.
HEDCO Local Development Corporation: frequently asked questions
Does HEDCO Local Development Corporation offer SBA loans?
Yes. HEDCO Local Development Corporation appears in the public SBA data with 544 funded SBA 504 loans totaling $336.5M, as a Certified Development Company (CDC) that funds the SBA 504 portion of a project.
How many SBA loans has HEDCO Local Development Corporation made?
HEDCO Local Development Corporation is associated with 544 SBA 504 loans totaling $336.5M in the public SBA data (as of 2026-03-31).
What is HEDCO Local Development Corporation's SBA charge-off rate?
Charge-off status is reported only on 7(a) loans, and HEDCO Local Development Corporation appears with 504 loans only, so there is no charge-off rate to report. See our methodology.
Where does HEDCO Local Development Corporation do most of its SBA lending?
HEDCO Local Development Corporation's SBA lending in the data is most concentrated in Hawaii, and by industry in Construction.
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). HEDCO Local Development Corporation SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/hedco-local-development-corporation/
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