SBA lender profile
Southern Development Council
Southern Development Council appears in the public SBA loan data with 520 funded 504 loans totaling $376.5M, an average of $724K per loan, and an estimated 5,330 jobs supported. Its SBA lending concentrates in Alabama 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
520
Total volume
$376.5M
Average loan size
$724K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
5,330
Programs
504
Southern Development Council is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Southern Development Council lends
Top states by funded SBA volume.
What Southern Development Council funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 114 | $115.8M |
| Retail Trade | 71 | $48.3M |
| Health Care and Social Assistance | 73 | $43.6M |
| Other Services | 51 | $38.1M |
| Manufacturing | 46 | $33.9M |
| Arts, Entertainment, Recreation | 21 | $15.7M |
Southern Development Council SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 40 | $22.4M |
| 2011 | 60 | $33.0M |
| 2012 | 67 | $48.2M |
| 2013 | 35 | $23.9M |
| 2014 | 26 | $14.4M |
| 2015 | 27 | $10.9M |
| 2016 | 26 | $16.4M |
| 2017 | 19 | $10.4M |
| 2018 | 20 | $13.6M |
| 2019 | 27 | $11.9M |
| 2020 | 32 | $30.7M |
| 2021 | 43 | $37.7M |
| 2022 | 28 | $22.2M |
| 2023 | 15 | $16.0M |
| 2024 | 17 | $22.0M |
| 2025 | 24 | $25.0M |
| 2026 | 14 | $17.7M |
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 Southern Development Council'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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