Bay Area Employment Development Company: SBA Lending Profile
Bay Area Employment Development Company is a Certified Development Company (CDC), headquartered in Concord, CA. It is active in 3 states, concentrated around CA, MI, WA. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes Bay Area Employment Development Company actually approves
The median SBA approval at Bay Area Employment Development Company is $606,000. The middle 80% of its loans fall between $203,000 and $2,021,400. The smallest funded approval in the available source window is $60,000 and the largest is $5,500,000. If the amount you need sits far outside that range, this is probably not the right first call, no matter what the website says.
Industries it funds most
| Industry | Funded loans in source data | Share |
|---|---|---|
| Offices of Dentists | 85 | 7.1% |
| Full-Service Restaurants | 32 | 2.7% |
| Hotels (except Casino Hotels) and Motels | 30 | 2.5% |
| General Automotive Repair | 30 | 2.5% |
| Offices of Physicians (except Mental Health Specialists) | 29 | 2.4% |
| Child Day Care Services | 26 | 2.2% |
| Offices of Lawyers | 24 | 2% |
| Plumbing, Heating, and Air-Conditioning Contractors | 23 | 1.9% |
| Electrical Contractors and Other Wiring Installation Contractors | 23 | 1.9% |
| All Other Specialty Trade Contractors | 23 | 1.9% |
| Bed-and-Breakfast Inns | 19 | 1.6% |
| Gasoline Stations with Convenience Stores | 17 | 1.4% |
How fast Bay Area Employment Development Company actually funds
Approval is not money in the bank. Across 1,073 loans where both dates are on record, the typical gap between SBA approval and first disbursement at Bay Area Employment Development Company is 99 days. Half its loans fund between 77 and 186 days. That is slow relative to the roughly 20 day typical SBA lender, which is normal for real estate backed deals that need appraisals, but worth planning around if your timeline is tight.
Lending momentum
Bay Area Employment Development Company is expanding its SBA program. Approvals are up 22.5% from FY2023 to FY2025, which usually means an active appetite and a team that wants deals.
Funded approvals by SBA fiscal year (October to September). FY2026 is excluded because it is still in progress.
Borrower profile
- only 3.8% of its funded SBA records with known business age went to startups, this lender works almost entirely with established businesses.
- Collateral was taken on 96.9% of its recent SBA loans.
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Sources and limits. Figures are derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records (data as of 2026-06-30, retrieved 2026-08-08) and FDIC public institution data. Funding speed is the median gap between approval date and first disbursement date in SBA records. Some lenders report disbursement at month end, which can round the figure upward. They describe past lending activity only. They are not rate quotes, not current offers, and not an indication that any business will qualify. Lender programs and criteria change. Big Brain Funding is not affiliated with or endorsed by Bay Area Employment Development Company.