SBAPULSE

Southern Development Council

Headquartered in Mountain Brook, AL

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504 Lending (CDC)

Gross approval amounts (504 debenture)

FY2026 Volume

$34.1M

#47 by FY2026 volume

FY2026 Loans

24

$1.4M avg size

FY2022–FY2026 Volume

$119.4M

FY2022–FY2026 Loans

108

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

2 states, districts, and territories with activity

#
1AL23$29.7M$1.3M
2MS1$4.4M$4.4M
Explore 504 loan-level performance

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.