Year In Review

Meeting the Needs of Small Business in 2020

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We are proud to have made a difference for small businesses across the nation, see their grateful responses.

SBA Paycheck Protection Loan Program, Testimonials

The Nation's Leading Mission-Based Lender

#1 SBA 504

$291.2M

dollars approved
Empowering business owners to invest in building and equipment ownership

#1 SBA COMMUNITY ADVANTAGE

$19.9M

dollars approved
Catalyzing small business ownership with low-interest, sustainable working-capital loans

PAYCHECK PROTECTION PROGRAM

$196.4M

dollars approved
Helping small business owners access capital as they navigate the impact of Covid-19
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We Celebrate Small Business 365/24/7

We support small business owners everyday. We applaud their resiliency, work ethic, creativity and commitment to making a difference in their communities.

Our Passion is Impact

$371M

approved for small businesses

$196M

approved for Paycheck Protection Program loans

4,924

small business owners assisted (including PPP loans)

$266M

financing for entrepreneurs of color, women, and veterans

6,937

jobs created and preserved

11,912

business advisory hours provided at no cost

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"SBA financing helped consolidate debt and buy two more large brewing tanks for beer production."

Rawley Macias Rouleur Brewing

New Market Tax Credit

We were honored to receive a $25 million New Market Tax Credit allocation.  We are deeply committed to making a difference for the small business community and are grateful to have this tremendous support of our work.

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CDC Small Business Finance and Capital Impact Partners Announce Alliance

CDC Small Business Finance has always evolved its services and offerings in order to best serve both small business owners and their communities. As we looked to the future, we saw a tremendous opportunity to do more, give more and make a bigger difference.  With that in mind, more than a year ago, we began conversations with Capital Impact Partners.  Together, we recognized how our similar visions and complementary expertise, services and financing products could create a change that neither of us could accomplish independently.

With a shared focus on economic empowerment and equitable wealth creation, CDC Small Business Finance and Capital Impact have the unique ability to deliver a suite of lending products and programs that holistically support communities to be strong, vibrant, and healthy places of opportunity.  Watch the CEO Conversations Video Series.

Learn more

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Advocacy

In 2020 we continued our commitment to being a strong voice for the small business community.  We served on several California small business and economic development committees, that focused on supporting small businesses, particularly BIPOC-owned businesses.  In addition, we took a leadership role in designing and improving the Community Advantage Recovery Loan (CARL).

Learn more about our advocacy

Impact Capital

Thank you to our investors. Your commitment in 2020 allowed us to create a much deeper impact in the small business community when it was needed most.

Our aligned efforts help with job creation, economic development in underserved neighborhoods and ensuring ALL small business owner have access to responsible and affordable capital.  The work we do, including business advising and creating opportunities for commercial real estate ownership, helps bridge the racial wealth gap, especially for BIPOC  business owners.

 

Capital Partners

Goldman Sachs – $170M | Bank of America – $25M

Union Bank – $4M | SBA Microloan – $2M

 

Grant Partners

Grantors over $25,000

Bank of America | Citizens Business Bank | Goldman Sachs
JPMorgan Chase | Union Bank | Wells Fargo Bank | SBA

Interested in joining our mission? Contact Robert Villarreal619.243.8652 to learn more.

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CDC has been a fantastic partner. The entire team was so responsive and helpful.

Mark Tran, Somisomi

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Thank You!

We do not do this work alone and greatly appreciate our many partners and clients.
We sincerely thank everyone who played a part in helping the small business community in 2020.

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