States Served
Top Industries Financed
- Full-Service Restaurants
- Hotels (except Casino Hotels) and Motels
- All Other Specialty Trade Contractors
- Child Day Care Services
- All Other Personal Services
Quick Summary
Rappahannock Economic Developm is an SBA-certified Certified Development Company (CDC) headquartered in Fredericksburg, Virginia. Since 2010, they have approved 266 SBA 504 loans totaling $205.7M, with an average loan size of $773K. They serve businesses across 3 states.
About Rappahannock Economic Developm
Rappahannock Economic Developm is an SBA-certified Certified Development Company (CDC) headquartered in Fredericksburg, Virginia. Since 2010, they have approved 266 SBA 504 loans totaling $205.7M, with an average loan size of $773K. They serve businesses across 3 states.
Before you apply — know where you stand
Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
Helpful SBA 504 Guides
Frequently Asked Questions
What does Rappahannock Economic Developm do?
Rappahannock Economic Developm is an SBA-certified Certified Development Company (CDC) based in Fredericksburg, Virginia. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Rappahannock Economic Developm handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Rappahannock Economic Developm approved?
According to SBA FOIA public records, Rappahannock Economic Developm has approved 266 SBA 504 loans totaling $205.7M since 2010. Their average loan size is $773K.
What states does Rappahannock Economic Developm serve?
Rappahannock Economic Developm serves businesses in 3 states: Washington D.C., Maryland, Virginia.
How do I apply for an SBA 504 loan through Rappahannock Economic Developm?
To apply for an SBA 504 loan through Rappahannock Economic Developm, 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+.
Get in Touch with This CDC
Contact Rappahannock Economic Developm
Ready to Apply for an SBA 504 Loan?
Compare all SBA 504 CDCs in Virginia or check if an SBA 7(a) loan is a better fit.
SBA 7(a) loans up to $5M · Faster funding · Check in minutes