SBA lender profile
Purchase Area Development District
Purchase Area Development District appears in the public SBA loan data with 49 funded 504 loans totaling $29.0M, an average of $592K per loan, and an estimated 588 jobs supported. Its SBA lending concentrates in Kentucky and the Accommodation and Food Services 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
49
Total volume
$29.0M
Average loan size
$592K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
588
Programs
504
Purchase Area Development District is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Purchase Area Development District lends
Top states by funded SBA volume.
What Purchase Area Development District funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 16 | $9.7M |
| Health Care and Social Assistance | 8 | $9.1M |
| Retail Trade | 7 | $2.0M |
| Transportation and Warehousing | 2 | $1.7M |
| Other Services | 3 | $1.7M |
| Manufacturing | 5 | $1.6M |
Purchase Area Development District SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 2 | $3.0M |
| 2011 | 3 | $759K |
| 2012 | 3 | $2.4M |
| 2013 | 3 | $5.9M |
| 2014 | 7 | $1.9M |
| 2015 | 8 | $4.0M |
| 2016 | 9 | $6.1M |
| 2017 | 1 | $130K |
| 2021 | 1 | $504K |
| 2022 | 1 | $163K |
| 2024 | 4 | $805K |
| 2025 | 5 | $2.6M |
| 2026 | 2 | $874K |
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 Purchase Area Development District'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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