SBA lender profile
HEDCO Local Development Corporation
HEDCO Local Development Corporation appears in the public SBA loan data with 544 funded 504 loans 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. 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
544
Total volume
$336.5M
Average loan size
$619K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
2,732
Programs
504
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 |
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
| 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 |
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 HEDCO Local Development Corporation'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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