CDC Small Business Finance Tops SBA Lenders List.Business Editors SAN DIEGO--(BUSINESS WIRE)--May 1, 2000 The San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. District of the U.S. Small Business Administration has named CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation Small Business Finance Corp its leading lender for the first half of fiscal year 2000 (10/1/99 -- 3/31/00). CDC led the county in both number of loans made and dollars lent over the six-month period, making 52 loans for nearly $24 million. Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. Bank and Southwest Community were next on the list, with 27 and 24 SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government loans, respectively. CDC participates in the SBA 504 loan Purpose The Small Business Administration (SBA) 504 loan program was created to help small to mid-sized business owners acquire commercial property without the financial hassles. program, in which it partners on loans with local banks. Each 504 loan made requires involvement from CDC and one private-sector lender. "While we are happy to be at the top of the list, we owe our thanks to the banks who participated in the 504 program," said CDC President and Chief Executive Officer Kurt Chilcott. "Though we made 52 loans during the first half of the year, we couldn't have made a single one without the involvement of other lenders on the list. Our success can be largely attributed to the widespread dedication to SBA lending in the San Diego SBA district." CDC Small Business Finance Corp was founded in 1978 to serve the financing needs of small business owners in San Diego, Orange, Riverside, and Imperial counties. CDC is the largest of nearly 300 certified See certification. development companies nationwide working with the SBA to offer financing to small businesses. |
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