SBA lender · 504 / CDC program
Black Hawk Economic Development, Inc.
Black Hawk Economic Development, Inc. has approved 193 SBA loans worth $106.5M since FY2010. Everything below comes from the SBA’s own loan-level records.
National rank
#520
0.02% of all SBA dollars
Total approved
$106.5M
FY2010 onward
Loans
193
Median loan
$305,000
+69% vs national
Median rate
-
7(a) only
Charge-off rate
7.3%
55 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 Black Hawk Economic Development, Inc.’s numbers say
Black Hawk Economic Development, Inc. sits in the long tail of the SBA lending field, having approved 193 loans for a gross total of $106.5M since fiscal 2010. Its median loan of $305,000 is substantially larger than the $180,000 national median, a pattern that 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, 7.3% were charged off, right at the national figure. 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 9% of its approvals with a recorded business age went to startups or businesses two years old or less, against 27% nationally - a book weighted toward established operators.
What it lends against
Franchise brands Black Hawk Economic Development, Inc. financed
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Americinn | 4 | $2.5M | |
| Anytime Fitness | 2 | $368K | |
| Culver's | 2 | $1.5M | |
| Goodyear Tire | 1 | $283K | |
| Maid-rite Sandwich Shop | 1 | $104K | |
| Clarion Inn & Suites | 1 | $1.1M | |
| Super 8 Motel | 1 | $469K | |
| Allstate Insurance | 1 | $100K |
Brands with the most Black Hawk Economic Development, Inc. SBA loans, among brands with at least 10 loans in the file. Compare lenders across all franchise lending on SBA lenders for franchises.
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 Black Hawk Economic Development, Inc.
- How many SBA loans has Black Hawk Economic Development, Inc. approved?
- Black Hawk Economic Development, Inc. has approved 193 SBA loans totalling $106,463,000 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it outside the top 500 among all SBA lenders by dollars approved.
- What is the typical Black Hawk Economic Development, Inc. SBA loan size?
- The median gross approval is $305,000, with the middle 80% of loans falling between $88,000 and $1,158,000. The national median across all SBA lenders is $180,000.
- What is Black Hawk Economic Development, Inc.'s SBA loan charge-off rate?
- 7.3% 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.
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