States Served
Top Industries Financed
- Lessors of Miniwarehouses and Self-Storage Units
- Automotive Body, Paint, and Interior Repair and Maintenance
- Full-Service Restaurants
- All Other Automotive Repair and Maintenance
- Automotive Parts and Accessories Stores
Quick Summary
Economic Development Corporati is an SBA-certified Certified Development Company (CDC) headquartered in Hillsboro, Missouri. Since 2010, they have approved 33 SBA 504 loans totaling $13.5M, with an average loan size of $410K. They primarily serve Missouri businesses.
About Economic Development Corporati
Economic Development Corporati is an SBA-certified Certified Development Company (CDC) headquartered in Hillsboro, Missouri. Since 2010, they have approved 33 SBA 504 loans totaling $13.5M, with an average loan size of $410K. They primarily serve businesses in Missouri.
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Frequently Asked Questions
What does Economic Development Corporati do?
Economic Development Corporati is an SBA-certified Certified Development Company (CDC) based in Hillsboro, Missouri. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Economic Development Corporati handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Economic Development Corporati approved?
According to SBA FOIA public records, Economic Development Corporati has approved 33 SBA 504 loans totaling $13.5M since 2010. Their average loan size is $410K.
What states does Economic Development Corporati serve?
Economic Development Corporati primarily serves businesses in Missouri.
How do I apply for an SBA 504 loan through Economic Development Corporati?
To apply for an SBA 504 loan through Economic Development Corporati, 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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