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PeopleFund

Austin, TX 78702

SBA Certified Development Company
73
Loans Approved
$75.6M
Total Volume
$1.0M
Avg Loan Size
1
States Served

States Served

Texas

Top Industries Financed

  • Hotels (except Casino Hotels) and Motels
  • Child Day Care Services
  • Full-Service Restaurants
  • Gasoline Stations with Convenience Stores
  • Funeral Homes and Funeral Services

Quick Summary

PeopleFund is an SBA-certified Certified Development Company (CDC) headquartered in Austin, Texas. Since 2010, they have approved 73 SBA 504 loans totaling $75.6M, with an average loan size of $1.0M. They primarily serve Texas businesses.

About PeopleFund

PeopleFund is an SBA-certified Certified Development Company (CDC) headquartered in Austin, Texas. Since 2010, they have approved 73 SBA 504 loans totaling $75.6M, with an average loan size of $1.0M. They primarily serve businesses in Texas.

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Frequently Asked Questions

What does PeopleFund do?

PeopleFund is an SBA-certified Certified Development Company (CDC) based in Austin, Texas. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. PeopleFund handles the SBA-backed 40% portion of the financing structure.

How many SBA 504 loans has PeopleFund approved?

According to SBA FOIA public records, PeopleFund has approved 73 SBA 504 loans totaling $75.6M since 2010. Their average loan size is $1.0M.

What states does PeopleFund serve?

PeopleFund primarily serves businesses in Texas.

How do I apply for an SBA 504 loan through PeopleFund?

To apply for an SBA 504 loan through PeopleFund, 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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