Advantage Certified Development Corporation: SBA Lending Record

Advantage Certified Development Corporation: loans and programs

Advantage Certified Development Corporation stands at 311 approved loans and $447.1 million gross, FY2017 to FY2026. All 311 loans at Advantage Certified Development Corporation are 504; 0 are 7(a). Advantage Certified Development Corporation does not guarantee these 311 loans; SBA does. Counts for Advantage Certified Development Corporation describe records only. Advantage Certified Development Corporation holds or held these 311 loans, as SBA records them. Each 504 loan goes to the CDC, as for Advantage Certified Development Corporation's 311, and first-lien lenders carry no credit. SBA lists Advantage Certified Development Corporation with the lender state CA.

Where the loans of Advantage Certified Development Corporation sit

Advantage Certified Development Corporation has 187 loans, of 311, outside the classes followed here. Across tracked classes, Advantage Certified Development Corporation reads as follows: Gas station and truck stop (31), Hotel and motel (24), Medical office (physicians) (12), Child care center (8), Grocery store (8), Full-service restaurant (7). Anyone planning Gas station and truck stop will find 31 loans on the record of Advantage Certified Development Corporation. Hotel and motel follows with 24 loans at Advantage Certified Development Corporation. In Medical office (physicians), Advantage Certified Development Corporation shows 12 loans.

Cancellation and charge-off floors for Advantage Certified Development Corporation

Cancellations after approval for Advantage Certified Development Corporation, FY2017 to FY2024 approvals: 6.7% as a floor and a ceiling of 12.4%, which counts undisbursed loans. Advantage Certified Development Corporation shows floors, not final rates, so later write-offs inside the cohort would raise it. The charge-off floor of Advantage Certified Development Corporation on FY2017 to FY2021 disbursements is withheld on a cohort under 30 loans, and held back never means no loan was charged off.

What a study should test with Advantage Certified Development Corporation

A study for Gas station and truck stop taken to Advantage Certified Development Corporation has to test demand at the start. After that, a study of Hotel and motel should check development cost, with 24 such loans on Advantage Certified Development Corporation's record. Debt service coverage follows, and $447.1 million across 311 loans at Advantage Certified Development Corporation does not settle it for a project. An appraisal is the last test, and 12 Medical office (physicians) loans at Advantage Certified Development Corporation do not replace it. Advantage Certified Development Corporation alone decides what it expects. Nothing guarantees approval, and Advantage Certified Development Corporation sets its own terms.