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Independent research · Not a lender or broker · We never take applications|Disclosures

SBA lender · 504 / CDC program

Regional Development Company

Regional Development Company has approved 528 SBA loans worth $285.5M since FY2010 - the #278 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.

National rank

#278

0.06% of all SBA dollars

Total approved

$285.5M

FY2010 onward

Loans

528

Median loan

$330,500

+84% vs national

Median rate

-

7(a) only

Charge-off rate

1.9%

158 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 Regional Development Company’s numbers say

Regional Development Company sits in the long tail of the SBA lending field, having approved 528 loans for a gross total of $285.5M since fiscal 2010. Its median loan of $330,500 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, 1.9% were charged off, 5.7 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 Regional Development Company lends

StateLoansShare
Indiana474
Illinois53
Michigan1

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 Regional Development Company

How many SBA loans has Regional Development Company approved?
Regional Development Company has approved 528 SBA loans totalling $285,490,000 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #278 among all SBA lenders by dollars approved.
What is the typical Regional Development Company SBA loan size?
The median gross approval is $330,500, with the middle 80% of loans falling between $105,000 and $1,262,000. The national median across all SBA lenders is $180,000.
What is Regional Development Company's SBA loan charge-off rate?
1.9% 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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