New England Certified Development Corporation: SBA Lending Record
What SBA's own loan files show about New England Certified Development Corporation as an SBA lender, and how a lender's record bears on a feasibility study.
New England Certified Development Corporation in SBA's loan files
1,059 approved loans sit against New England Certified Development Corporation in FY2017 to FY2026 files, $813.9 million gross. In SBA's file, New England Certified Development Corporation sits in Massachusetts. Every one of the 1,059 loans is a holding: New England Certified Development Corporation holds or last held each, per SBA. All 1,059 loans are SBA 504; 0 fall under SBA 7(a). In 504 the lender of record is a development company, which New England Certified Development Corporation is. New England Certified Development Corporation's FY2026 is a complete fiscal year. New England Certified Development Corporation's record spans 1,059 loans and $813.9 million gross. Behind the 1,059 loans stands SBA's guarantee, not New England Certified Development Corporation's, so read holdings and not policy.
662 of New England Certified Development Corporation's 1,059 loans have no named class. Classes at New England Certified Development Corporation: Full-service restaurant, 63; Hotel and motel (50); Child care center at 30; Limited-service restaurant at 23; Automotive mechanical repair (car and truck), 22; Car wash, 21; Fitness center (21); Beverage manufacturing (breweries, wineries, distilleries), 17; Liquor store at 17; Dental office at 16; Beauty salon at 16; Gas station and truck stop, 15; Self storage, 13; Assisted living (without nursing care), 11. Of 1,059 loans, 662 are unclassed and 63 are Full-service restaurant. New England Certified Development Corporation's class lines cover part of 1,059. 50 Hotel and motel loans trail 63 Full-service restaurant at New England Certified Development Corporation.
New England Certified Development Corporation: where the loans sit
By state at New England Certified Development Corporation: Massachusetts at 439; Connecticut at 387; New Hampshire, 90; Maine, 17; Vermont, 8. Massachusetts is also where SBA records New England Certified Development Corporation, so the book starts at home. 439 of New England Certified Development Corporation's 1,059 loans sit in Massachusetts. New England Certified Development Corporation's table maps 1,059 loans, no boundary for sites beyond Massachusetts.
New England Certified Development Corporation outcome floors
For approvals between FY2017 and FY2024, New England Certified Development Corporation has 14.4% cancelled at minimum. Ceiling: 19.2%, with undisbursed loans counted cancelled. 0.00% is the charged-off floor across 471 loans disbursed in FY2017 to FY2021. 0.00% inside five years of approval. 471 loans, 0.00% charged off: SBA records none to date. A 14.4% floor at New England Certified Development Corporation says approval is no funding. 0.00% charged off among 471 loans: coverage must hold. At New England Certified Development Corporation, test one is site demand. At New England Certified Development Corporation, test two is full project cost. At New England Certified Development Corporation, test three is debt service coverage. At New England Certified Development Corporation, test four is the appraisal.
New England Certified Development Corporation's record shows a lender 1,059 loans and $813.9 million gross. New England Certified Development Corporation's record shows a borrower 1,059 holdings and no terms. The 1,059 loans cannot show how New England Certified Development Corporation would treat a request. 63 Full-service restaurant loans lead the named classes. New England Certified Development Corporation's holdings are the extent of it. A study brought to New England Certified Development Corporation stands alone. The record stops at 1,059 loans held by New England Certified Development Corporation.
SBA loans held by New England Certified Development 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 | 1,059 |
|---|---|
| Gross dollars approved | $813.9 million |
| SBA 7(a) loans | 0 |
| SBA 504 loans | 1,059 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 14.4% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 19.2% |
| 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 | 471 |
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 | 662 |
| Full-service restaurant | 63 |
| Hotel and motel | 50 |
| Child care center | 30 |
| Limited-service restaurant | 23 |
| Automotive mechanical repair (car and truck) | 22 |
| Car wash | 21 |
| Fitness center | 21 |
| Beverage manufacturing (breweries, wineries, distilleries) | 17 |
| Liquor store | 17 |
| Dental office | 16 |
| Beauty salon | 16 |
| Gas station and truck stop | 15 |
| Self storage | 13 |
| Assisted living (without nursing care) | 11 |
| Medical office (physicians) | 11 |
| Grocery store | 9 |
| Warehouse and distribution | 8 |
| Veterinary clinic | 6 |
| Rehabilitation and therapy clinic | 6 |
| Behavioral health and addiction treatment | 6 |
| Coffee shop and snack bar | 5 |
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 |
|---|---|
| Massachusetts | 439 |
| Connecticut | 387 |
| New Hampshire | 90 |
| Maine | 17 |
| Vermont | 8 |
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-0188293.
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