SBA lender · 504 / CDC program
Central Minnesota Development Company
Central Minnesota Development Company has approved 332 SBA loans worth $257.2M since FY2010 - the #302 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#302
0.05% of all SBA dollars
Total approved
$257.2M
FY2010 onward
Loans
332
Median loan
$487,000
+171% vs national
Median rate
-
7(a) only
Charge-off rate
1.1%
93 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 Central Minnesota Development Company’s numbers say
Central Minnesota Development Company sits in the long tail of the SBA lending field, having approved 332 loans for a gross total of $257.2M since fiscal 2010. Its median loan of $487,000 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, 1.1% were charged off, 6.5 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 10% 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.
Where Central Minnesota Development Company lends
Franchise brands Central Minnesota Development Company financed
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Goodyear Tire | 1 | $227K | |
| Taco John's | 1 | $350K | |
| Mgm Liquor | 1 | $865K | |
| Pizza Ranch | 1 | $782K | |
| The Cleaning Authority | 1 | $229K | |
| Home Instead Senior Care | 1 | $126K | |
| Midas | 1 | $222K | |
| Dunn Brothers Coffee | 1 | $420K |
Brands with the most Central Minnesota Development Company 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 Central Minnesota Development Company
- How many SBA loans has Central Minnesota Development Company approved?
- Central Minnesota Development Company has approved 332 SBA loans totalling $257,199,000 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #302 among all SBA lenders by dollars approved.
- What is the typical Central Minnesota Development Company SBA loan size?
- The median gross approval is $487,000, with the middle 80% of loans falling between $193,000 and $1,816,000. The national median across all SBA lenders is $180,000.
- What is Central Minnesota Development Company's SBA loan charge-off rate?
- 1.1% 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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