SBA lender profile
Rockford Local Development Corporation
Rockford Local Development Corporation appears in the public SBA loan data with 253 funded 504 loans totaling $180.1M, an average of $712K per loan, and an estimated 4,013 jobs supported. Its SBA lending concentrates in Illinois 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
253
Total volume
$180.1M
Average loan size
$712K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
4,013
Programs
504
Rockford Local Development Corporation is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Rockford Local Development Corporation lends
Top states by funded SBA volume.
What Rockford Local Development Corporation funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 84 | $75.7M |
| Accommodation and Food Services | 49 | $46.4M |
| Retail Trade | 20 | $13.4M |
| Health Care and Social Assistance | 23 | $9.6M |
| Other Services | 23 | $9.6M |
| Arts, Entertainment, Recreation | 8 | $4.7M |
Rockford Local Development Corporation SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 26 | $16.1M |
| 2011 | 31 | $11.6M |
| 2012 | 40 | $36.9M |
| 2013 | 26 | $15.0M |
| 2014 | 12 | $9.5M |
| 2015 | 19 | $11.2M |
| 2016 | 8 | $1.9M |
| 2017 | 13 | $10.3M |
| 2018 | 10 | $9.4M |
| 2019 | 1 | $2.8M |
| 2020 | 11 | $5.5M |
| 2021 | 13 | $11.9M |
| 2022 | 14 | $14.2M |
| 2023 | 9 | $11.4M |
| 2024 | 7 | $5.9M |
| 2025 | 10 | $4.5M |
| 2026 | 3 | $2.0M |
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 Rockford 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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