Top Industries Financed
- Full-Service Restaurants
- Offices of Dentists
- Limited-Service Restaurants
- Hotels (except Casino Hotels) and Motels
- Gasoline Stations with Convenience Stores
Quick Summary
Birmingham Citywide Local Deve is an SBA-certified Certified Development Company (CDC) headquartered in Birmingham, Alabama. Since 2010, they have approved 352 SBA 504 loans totaling $254.8M, with an average loan size of $724K. They serve businesses across 4 states.
About Birmingham Citywide Local Deve
Birmingham Citywide Local Deve is an SBA-certified Certified Development Company (CDC) headquartered in Birmingham, Alabama. Since 2010, they have approved 352 SBA 504 loans totaling $254.8M, with an average loan size of $724K. They serve businesses across 4 states.
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Frequently Asked Questions
What does Birmingham Citywide Local Deve do?
Birmingham Citywide Local Deve is an SBA-certified Certified Development Company (CDC) based in Birmingham, Alabama. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Birmingham Citywide Local Deve handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Birmingham Citywide Local Deve approved?
According to SBA FOIA public records, Birmingham Citywide Local Deve has approved 352 SBA 504 loans totaling $254.8M since 2010. Their average loan size is $724K.
What states does Birmingham Citywide Local Deve serve?
Birmingham Citywide Local Deve serves businesses in 4 states: Alabama, Florida, Georgia, Tennessee.
How do I apply for an SBA 504 loan through Birmingham Citywide Local Deve?
To apply for an SBA 504 loan through Birmingham Citywide Local Deve, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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Contact Birmingham Citywide Local Deve
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