Southland Economic Development Corporation: SBA Lending Record

What SBA's own loan files show about Southland Economic Development Corporation as an SBA lender, and how a lender's record bears on a feasibility study.

Southland Economic Development Corporation holds 552 loans approved from FY2017 to FY2026, worth $615.1 million gross. 552 loans, all in 504, stand against Southland Economic Development Corporation; none are 7(a). 552 504 loans list Southland Economic Development Corporation as their development company. Southland Economic Development Corporation holds 552 loans that SBA guarantees. Southland Economic Development Corporation projects: first-lien lenders are not credited.

Southland Economic Development Corporation asset and state spread

Southland Economic Development Corporation lists Medical office (physicians), 22, Full-service restaurant, 15, Dental office, 12, Automotive mechanical repair (car and truck), 11 and Limited-service restaurant, 9 loans among its leading classes. 455 loans, the biggest Southland Economic Development Corporation group, sit outside the tracked classes. Southland Economic Development Corporation lists one state: California, 545 loans.

Southland Economic Development Corporation loans after approval

10.9% is the cancellation floor on Southland Economic Development Corporation approvals from FY2017 to FY2024. Southland Economic Development Corporation reaches a ceiling of 12.0%, counting undisbursed approvals as cancelled. Southland Economic Development Corporation has no charged-off rate to print. Southland Economic Development Corporation had under 30 of 552 loans disbursed in FY2017 to FY2021. Southland Economic Development Corporation rate: withheld by Loan Analytics' own rule. Southland Economic Development Corporation: read each rate as a floor.

Southland Economic Development Corporation record and a borrower's study

Southland Economic Development Corporation: 22 loans in the Medical office (physicians) class. Southland Economic Development Corporation study must prove lease-up path. 22 Medical office (physicians) loans leave payer mix open. Southland Economic Development Corporation history says nothing on referral base. Southland Economic Development Corporation lists 15 loans in the Full-service restaurant class. Southland Economic Development Corporation study needs occupancy cost. Southland Economic Development Corporation: labour and food cost remains open across 15 Full-service restaurant loans. Southland Economic Development Corporation total of $615.1 million says nothing about any one site. 455 Southland Economic Development Corporation loans fit no tracked class. At Southland Economic Development Corporation, the project must carry the case. For 545 Southland Economic Development Corporation loans in California, local evidence still decides. 552 504 loans at Southland Economic Development Corporation: show first-lien debt and equity. Southland Economic Development Corporation should be asked directly what it needs. 552 loans at Southland Economic Development Corporation do not measure demand at one site. Southland Economic Development Corporation: competing supply near the site matters most. Southland Economic Development Corporation study revenue assumptions need written support. Southland Economic Development Corporation request: build cost quoted, not assumed. Southland Economic Development Corporation request: coverage holds on cautious revenue.Pricing the property takes a valuation that Southland Economic Development Corporation figures cannot supply. Southland Economic Development Corporation study needs a downside case in writing. Southland Economic Development Corporation: assumptions stated, coverage tested, value supported. Southland Economic Development Corporation carries $615.1 million in gross approvals on 552 loans. Southland Economic Development Corporation equity belongs in the study.

Southland Economic Development Corporation cancellation floors stop at FY2024 approvals. Southland Economic Development Corporation totals take in FY2025 and FY2026 approvals. Southland Economic Development Corporation figures describe loans held, not lender practices. 552 loans cannot predict one new request to Southland Economic Development Corporation. Southland Economic Development Corporation withheld values are never zeros or estimates.

SBA loans held by Southland Economic 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 FY2026552
Gross dollars approved$615.1 million
SBA 7(a) loans0
SBA 504 loans552

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)10.9%
The same, counting loans still undisbursed as cancelled (a ceiling)12.0%
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 classLoans
Not in any of the 39 asset classes455
Medical office (physicians)22
Full-service restaurant15
Dental office12
Automotive mechanical repair (car and truck)11
Limited-service restaurant9
Gas station and truck stop5
Hotel and motel5

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 areaLoans
California545

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-0188186.

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 Southland Economic Development Corporation 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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