SBA lender · 504 / CDC program
Houston-Galveston Area Local Development Corporation
Houston-Galveston Area Local Development Corporation has approved 79 SBA loans worth $78.2M since FY2010. Everything below comes from the SBA’s own loan-level records.
National rank
#604
0.02% of all SBA dollars
Total approved
$78.2M
FY2010 onward
Loans
79
Median loan
$617,000
+243% vs national
Median rate
-
7(a) only
Charge-off rate
5.3%
38 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 Houston-Galveston Area Local Development Corporation’s numbers say
Houston-Galveston Area Local Development Corporation sits in the long tail of the SBA lending field, having approved 79 loans for a gross total of $78.2M since fiscal 2010. Its median loan of $617,000 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, 5.3% were charged off, 2.3 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 0% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a book weighted toward established operators.
Where Houston-Galveston Area Local Development Corporation lends
| State | Loans | Share |
|---|---|---|
| Texas | 79 |
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 Houston-Galveston Area Local Development Corporation
- How many SBA loans has Houston-Galveston Area Local Development Corporation approved?
- Houston-Galveston Area Local Development Corporation has approved 79 SBA loans totalling $78,214,000 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 Houston-Galveston Area Local Development Corporation SBA loan size?
- The median gross approval is $617,000, with the middle 80% of loans falling between $211,000 and $2,000,000. The national median across all SBA lenders is $180,000.
- What is Houston-Galveston Area Local Development Corporation's SBA loan charge-off rate?
- 5.3% 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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