Business Development Corporation (bdc)
Headquartered in South Bend, IN
Compare interactively in the Lender Explorer.
504 Lending (CDC)
Gross approval amounts (504 debenture)
FY2026 Volume
$7.3M
#110 by FY2026 volume
FY2026 Loans
15
$486K avg size
FY2022–FY2026 Volume
$59.7M
FY2022–FY2026 Loans
88
Annual Trend
Approval volume (bars) and loan count (line)
Volume (left axis)Loans (right axis)
Geographic Footprint
Approval volume by project state, FY2026
LowHigh
Activity by State
2 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | IN | 11 | $5.1M | $462K |
| 2 | MI | 4 | $2.2M | $552K |
Source: SBA lender activity reports, data as of Sep 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.