Empire State Certified Development Corporation: SBA Lending Profile
Empire State Certified Development Corporation is a Certified Development Company (CDC), headquartered in Latham, NY. It is active in 7 states, concentrated around NY, NJ, PA. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes Empire State Certified Development Corporation actually approves
The median SBA approval at Empire State Certified Development Corporation is $607,000. The middle 80% of its loans fall between $192,000 and $2,183,000. The smallest funded approval in the available source window is $50,000 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 |
|---|---|---|
| Full-Service Restaurants | 160 | 5.1% |
| Hotels (except Casino Hotels) and Motels | 151 | 4.8% |
| Offices of Physicians (except Mental Health Specialists) | 120 | 3.8% |
| Offices of Dentists | 80 | 2.5% |
| Offices of Lawyers | 73 | 2.3% |
| Child Day Care Services | 70 | 2.2% |
| Fitness and Recreational Sports Centers | 46 | 1.5% |
| All Other Specialty Trade Contractors | 43 | 1.4% |
| Plumbing, Heating, and Air-Conditioning Contractors | 43 | 1.4% |
| General Automotive Repair | 41 | 1.3% |
| Full-Service Restaurants | 38 | 1.2% |
| Limited-Service Restaurants | 38 | 1.2% |
How fast Empire State Certified Development Corporation actually funds
Approval is not money in the bank. Across 2,522 loans where both dates are on record, the typical gap between SBA approval and first disbursement at Empire State Certified Development Corporation is 163 days. Half its loans fund between 110 and 298 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
Empire State Certified Development Corporation has held its SBA volume roughly steady from FY2023 to FY2025, a sign of a consistent, established program.
Funded approvals by SBA fiscal year (October to September). FY2026 is excluded because it is still in progress.
Borrower profile
- only 7.8% of its funded SBA records with known business age went to startups, this lender works almost entirely with established businesses.
- Collateral was taken on 98.6% 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 Empire State Certified Development Corporation.