SBA lender · 504 / CDC program
Bay Area Employment Development Company
Bay Area Employment Development Company has approved 1,368 SBA loans worth $1.32B since FY2010 - the #79 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#79
0.26% of all SBA dollars
Total approved
$1.32B
FY2010 onward
Loans
1,368
Median loan
$626,500
+248% vs national
Median rate
-
7(a) only
Charge-off rate
0.5%
444 resolved FY10-19 loans
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What Bay Area Employment Development Company’s numbers say
Bay Area Employment Development Company sits solidly inside the SBA lending field, having approved 1,368 loans for a gross total of $1.32B since fiscal 2010. Its median loan of $626,500 is substantially larger than the $180,000 national median, which usually signals a focus on real-estate-backed or acquisition deals rather than small working-capital notes.
Of its FY2010-FY2019 approvals that have reached a terminal status, 0.5% were charged off, 7.1 points below the national figure of 7.6%. Read that as a description of the credit box a lender chose, not as a verdict on it: lenders serving newer businesses and thinner files will always show higher losses than those writing large, collateralised acquisition loans.
Roughly 1% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a book weighted toward established operators.
Where Bay Area Employment Development Company lends
| State | Loans | Share |
|---|---|---|
| California | 1,365 | |
| Michigan | 2 | |
| Washington | 1 |
What it lends against
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Questions about Bay Area Employment Development Company
- How many SBA loans has Bay Area Employment Development Company approved?
- Bay Area Employment Development Company has approved 1,368 SBA loans totalling $1,324,114,000 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #79 among all SBA lenders by dollars approved.
- What is the typical Bay Area Employment Development Company SBA loan size?
- The median gross approval is $626,500, with the middle 80% of loans falling between $208,000 and $2,097,000. The national median across all SBA lenders is $180,000.
- What is Bay Area Employment Development Company's SBA loan charge-off rate?
- 0.5% of its FY2010-FY2019 approvals that have reached a terminal status were charged off, against a national figure of 7.6%. A charge-off rate reflects the borrowers a lender chose to underwrite as much as anything else, and is not a measure of service quality.
Where to go from here
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