{"ok":true,"canonical_url":"https://dealroom.so/glossary/certified-development-company","api_url":"https://dealroom.so/api/public/glossary/certified-development-company","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"certified-development-company","term":"Certified Development Company","group":"People and paperwork","definition":"A non-profit organization authorized by the SBA to administer the 504 loan program. They work with private lenders to provide financing for fixed assets.","what_it_means":"If your acquisition includes significant owner-occupied commercial real estate, a CDC might be involved in a separate 504 loan. However, for most business acquisitions, your primary lender will be a bank providing a 7(a) loan, not a CDC.","url":"https://dealroom.so/glossary/certified-development-company","official_sources":[{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"sba-504-loan","term":"SBA 504 loan","url":"https://dealroom.so/glossary/sba-504-loan"},{"slug":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"slug":"owner-occupied-commercial-real-estate","term":"Owner-occupied commercial real estate","url":"https://dealroom.so/glossary/owner-occupied-commercial-real-estate"},{"slug":"sba-lender-status","term":"SBA Lender status","url":"https://dealroom.so/glossary/sba-lender-status"}],"related_questions":[{"question":"What if the business I'm buying requires significant ongoing research and development?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-m-buying-requires-significant-ongoing-research-and-development"},{"question":"Can I use a conditional grant from a local economic development agency as equity?","url":"https://dealroom.so/sba-7a/questions/can-i-use-a-conditional-grant-from-a-local-economic-development-agency-as-equity"},{"question":"What is the role of an SBA Business Development Officer (BDO) in my loan process?","url":"https://dealroom.so/sba-7a/questions/what-is-the-role-of-an-sba-business-development-officer-bdo-in-my-loan-process"},{"question":"What is the lender's responsibility for validating the business purpose and use of proceeds certified on SBA Form 1919?","url":"https://dealroom.so/for-lenders/questions/what-is-the-lender-s-responsibility-for-validating-the-business-purpose-and-use-of-proceed"},{"question":"Are business life insurance premiums generally tax deductible for the company?","url":"https://dealroom.so/sba-7a/questions/are-business-life-insurance-premiums-generally-tax-deductible-for-the-company"},{"question":"Can an SBA 7(a) loan help me acquire another company?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-help-me-acquire-another-company"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Certified Development Company","url":"https://dealroom.so/glossary/certified-development-company","source_type":"DealRoom Data"}}