SBAPULSE

Mid State Development Corporation

Headquartered in Bakersfield, CA

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504 Lending (CDC)

Gross approval amounts (504 debenture)

FY2023 Volume

$9.9M

FY2023 Loans

9

$1.1M avg size

FY2022–FY2026 Volume

$25.5M

FY2022–FY2026 Loans

27

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2023

Low
High

Activity by State

1 state, districts, and territories with activity

#
1CA9$9.9M$1.1M

Source: SBA lender activity reports, data as of Jun 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.