Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC): SBA Lending Record
What SBA's own loan files show about Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) as an SBA lender, and how a lender's record bears on a feasibility study.
COFECC: SBA record
256 loans for FY2017 to FY2026 stand against Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC). At COFECC, gross dollars approved come to $86.4 million. 25 of the 256 at COFECC are SBA 7(a) loans and 231 are SBA 504 loans. On the 231 504 loans, COFECC is a Certified Development Company. At COFECC, first-lien lenders are free text. The COFECC file does not credit them. COFECC lists Puerto Rico as its state. COFECC holds 256 loans now or at last record. For COFECC, SBA guarantees 256. Earlier holders of the 256 do not show. Who first financed a COFECC loan is not shown, nor how COFECC judges a request.
COFECC: class mix
The class view leaves 151 of 256 unplaced at COFECC. COFECC: medical office at 20; full-service restaurant at 15, limited-service restaurant at 12. Next at COFECC: grocery store at 9, hotel and motel at 8, then beauty salon at 8. Further at COFECC: coffee shop and snack bar at 8; assisted living at 7. 151 unplaced loans lead the COFECC table, so COFECC covers under half of 256 in a class comparison.
COFECC by state
COFECC lists no states, so 256 loans show no geography. At COFECC, the local case rests on the study.
COFECC: cancellations
COFECC cancellation floor, FY2017 to FY2024: 23.9% of 256 approvals. COFECC ceiling: 40.4%, counting undisbursed loans as cancelled. For COFECC, 84 loans were disbursed in FY2017 to FY2021; 0.00% or more are charged off to date, 0.00% inside five years of approval. The COFECC figure of 0.00% is a floor. Open COFECC loans can still be charged off.
COFECC: reading the record
COFECC offers borrowers facts about holdings, and 256 loans are those facts. COFECC has another: the 23.9% floor. At COFECC, neither fact predicts a decision. A COFECC project stands on own numbers. The COFECC study should pick out the 256 loans that resemble it. For COFECC, it should flag the differences. COFECC reads the project against 256 loans. A cancellation floor of 23.9% at COFECC describes the past, not the future.
COFECC: the study
With COFECC in view, 256 loans frame the study, not the COFECC decision. For medical office, COFECC has 20 loans, the nearest comparison. COFECC: the study tests patient volume. COFECC needs fit-out cost tested too. Show COFECC coverage in a slow year too. COFECC needs an appraisal that supports it. COFECC offers just 151 unplaced loans for an unnamed type. COFECC's study makes the case. The COFECC floor of 23.9% is a warning. The COFECC study should allow for delay.
SBA loans held by Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)
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.
One organisation under two SBA identifiers: a CDC (504) that also lends under 7(a), linked by equal normalised name and equal lender state (manifests/ld2/lender-links.csv).
| Loans approved, FY2017 to FY2026 | 256 |
|---|---|
| Gross dollars approved | $86.4 million |
| SBA 7(a) loans | 25 |
| SBA 504 loans | 231 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 23.9% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 40.4% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 0.00% |
| Charged off within five years of approval | 0.00% |
| Loans in that cohort | 84 |
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 | 151 |
| Medical office (physicians) | 20 |
| Full-service restaurant | 15 |
| Limited-service restaurant | 12 |
| Grocery store | 9 |
| Hotel and motel | 8 |
| Beauty salon | 8 |
| Coffee shop and snack bar | 8 |
| Assisted living (without nursing care) | 7 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
The state breakdown is withheld, so that no group of fewer than 5 loans can 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-0188120.
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 Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
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