Statewide CDC
Nonprofit SBA 504 lender for commercial real estate and heavy equipment in California, Nevada and Arizona, with an offic
About
Statewide CDC says it is "a nonprofit lender that specializes in SBA 504 loans to help small businesses finance commercial real estate and major equipment purchases" and that it has offices in Nevada, Arizona and California. Its 504 page says the loans "typically range up to $5 million for most borrowers, and up to $5.5 million for manufacturers or energy-efficient projects." It also has a Rural Loan Fund of $100,000 to $350,000 for rural areas of those states. SBA lists it as California Statewide Certified Development Corporation. It is one of the most active SBA 504 lenders by SBA's count. Who it is for: Small businesses buying, building or renovating property or buying heavy machinery.
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