States Served
Top Industries Financed
- Limited-Service Restaurants
- Other Personal Care Services
- Caterers
- Coffee and Tea Manufacturing
- Medicinal and Botanical Manufacturing
Quick Summary
St. Louis Local Development Co is an SBA-certified Certified Development Company (CDC) headquartered in St. Louis, Missouri. Since 2010, they have approved 36 SBA 504 loans totaling $15.3M, with an average loan size of $425K. They primarily serve Missouri businesses.
About St. Louis Local Development Co
St. Louis Local Development Co is an SBA-certified Certified Development Company (CDC) headquartered in St. Louis, Missouri. Since 2010, they have approved 36 SBA 504 loans totaling $15.3M, with an average loan size of $425K. They primarily serve businesses in Missouri.
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Frequently Asked Questions
What does St. Louis Local Development Co do?
St. Louis Local Development Co is an SBA-certified Certified Development Company (CDC) based in St. Louis, Missouri. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. St. Louis Local Development Co handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has St. Louis Local Development Co approved?
According to SBA FOIA public records, St. Louis Local Development Co has approved 36 SBA 504 loans totaling $15.3M since 2010. Their average loan size is $425K.
What states does St. Louis Local Development Co serve?
St. Louis Local Development Co primarily serves businesses in Missouri.
How do I apply for an SBA 504 loan through St. Louis Local Development Co?
To apply for an SBA 504 loan through St. Louis Local Development Co, 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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