Business Expansion Funding Corporation: SBA Lending Record
What SBA's own loan files show about Business Expansion Funding Corporation as an SBA lender, and how a lender's record bears on a feasibility study.
The Business Expansion Funding Corporation record at a glance
SBA files 613 loans approved in FY2017 to FY2026 under Business Expansion Funding Corporation as holder. Business Expansion Funding Corporation loans reach $631.3 million in gross approved dollars. Business Expansion Funding Corporation figures are holder-based: SBA's file, 613 loans, held now or before. Business Expansion Funding Corporation is not the guarantor. Program mix at Business Expansion Funding Corporation: none are 7(a), 613 are 504; 504 throughout. As CDC, Business Expansion Funding Corporation is SBA's 504 holder. Business Expansion Funding Corporation projects: first-lien lenders go uncredited.
345 of 613 loans have no tracked class, which leaves Business Expansion Funding Corporation class rows thinner. Business Expansion Funding Corporation class rows open with child care center, 44 of 613 loans. Then full-service restaurant (35), 34 loans in hotel and motel and 29 in limited-service restaurant. Lower Business Expansion Funding Corporation rows: automotive mechanical repair with 19 loans, beverage manufacturing at 18 and fitness center (16). Business Expansion Funding Corporation table: classes beyond these appear there.
Business Expansion Funding Corporation loans sit in 591 in North Carolina, per SBA. Outside those places, Business Expansion Funding Corporation offers a project no local loans. Business Expansion Funding Corporation: one state, thin comparisons.
Business Expansion Funding Corporation: loans cancelled or charged off
Business Expansion Funding Corporation cancellation floor stands at 16.2%, counting FY2017 to FY2024 approvals. If Business Expansion Funding Corporation loans still undisbursed count as cancelled, 21.5% follows as a ceiling. Between 16.2% and 21.5% lie Business Expansion Funding Corporation approvals SBA still shows undisbursed. For Business Expansion Funding Corporation, 16.2% is the cancellation floor; charge-offs, FY2017 to FY2021, withheld. Business Expansion Funding Corporation outcomes show; reasons do not. Business Expansion Funding Corporation cohort rates cover FY2017 to FY2021 disbursements. Business Expansion Funding Corporation: 16.2% is a floor, 613 loans notwithstanding, not a forecast. Business Expansion Funding Corporation rates stay floors; 613 loans could still lift 16.2%.
Business Expansion Funding Corporation: what a borrower can take
Business Expansion Funding Corporation, a Certified Development Company: 613 recorded loans lend context. Business Expansion Funding Corporation has no row that says what Business Expansion Funding Corporation wants from a borrower. For Business Expansion Funding Corporation, compare child care center, 613 loans deep; North Carolina, set beside the project. Each Business Expansion Funding Corporation project has a first-lien lender, uncredited; 613 loans name none. The study should.
613 loans replace nothing in the study; $631.3 million gross at Business Expansion Funding Corporation informs it only. 613 loans at Business Expansion Funding Corporation set no full-service restaurant demand; North Carolina conditions decide it, not Business Expansion Funding Corporation. Each budget line, 613 loans aside, meets raised funds. 613 loans give Business Expansion Funding Corporation breadth, not depth. Business Expansion Funding Corporation coverage must clear 16.2% before anything else. Business Expansion Funding Corporation aside, debt service coverage keeps 16.2% and 21.5% in view, on stabilized income. Collateral for Business Expansion Funding Corporation rests on the appraisal. Business Expansion Funding Corporation: no study promises approval; 613 loans or none, it prepares the file.
SBA loans held by Business Expansion Funding Corporation
SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).
7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.
| Loans approved, FY2017 to FY2026 | 613 |
|---|---|
| Gross dollars approved | $631.3 million |
| SBA 7(a) loans | 0 |
| SBA 504 loans | 613 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 16.2% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 21.5% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | withheld |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
Loans by asset class
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 345 |
| Child care center | 44 |
| Full-service restaurant | 35 |
| Hotel and motel | 34 |
| Limited-service restaurant | 29 |
| Automotive mechanical repair (car and truck) | 19 |
| Beverage manufacturing (breweries, wineries, distilleries) | 18 |
| Fitness center | 16 |
| Car wash | 13 |
| Dental office | 9 |
| Gas station and truck stop | 8 |
| Self storage | 6 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
Loans by project state
| State or area | Loans |
|---|---|
| North Carolina | 591 |
States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-cdc-0188110.
Related feasibility study pages
- SBA Lender Feasibility Study Data
- SBA feasibility study company
- Live Oak Banking Company: SBA Lending Record
- Bank of America, National Association: SBA Lending Record
- Truist Bank: SBA Lending Record
- First-Citizens Bank & Trust Company: SBA Lending Record
- First Bank (NC): SBA Lending Record
- HomeTrust Bank: SBA Lending Record
- North State Bank: SBA Lending Record
- Truliant FCU: SBA Lending Record
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Business Expansion Funding Corporation or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
Request Scope & Timeline
Start with the data.
Contact Us