Mortgage Capital Development approved 130 SBA loans worth $28.5M between October 2021 and June 2026, ranking #290 of 2,283 SBA lenders nationally by loan count. Its median loan was $182,800, and 38% went to startups or businesses under two years old. It lent in 5 states, most often in California, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| California | 103 | $22.9M | $180,600 | #61 |
| Nevada | 15 | $3.1M | $185,000 | #36 |
| Arizona | 10 | $1.8M | $146,000 | #76 |
| North Dakota | 1 | $200K | $200,000 | #51 |
| Oregon | 1 | $350K | $350,000 | #122 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 28 | $303,500 | |
| Health care and social assistance | 20 | $150,000 | |
| Professional and technical services | 16 | $190,000 | |
| Wholesale trade | 12 | $350,000 | |
| Other services (repair, personal care) | 10 | $137,500 | |
| Manufacturing | 7 | $350,000 | |
| Retail | 7 | $150,000 | |
| Administrative and support services | 5 | $150,000 | |
| Education | 5 | $150,000 | |
| Real estate and rental | 5 | $150,000 |