Lending Activity

                        2017 Lending Activity – CEDF Organization

Fund 1,
LLC

Foundation
SBA
Micro Loans

Total
CEDF
Organization

Total Loans Originated
Total # of Loans Originated
Average Loan Amount
Total # Inquiries
Total # Completed Applications

$ 2,143,455
29
$ 74,000

$ 640,300
25
$ 25,500

$ 2,783,755
54
$ 51,500
311
102

                                  CEDF Organization – Total Lending

Total # of Clients      
Total # of Loans      
Total # of New Businesses in Portfolio           
Total # of Existing Businesses in Portfolio   
Total # of Women-Owned Businesses

212
322
47

165

72

 

22%

78%

34%

Total Jobs Created/Retained by CEDF Clients 2015-2017




2015
2016
2017
3-Yr. Total

Full
Time

814
775
1,023
2,612

Part
Time

435
445
391
1,271

Total

1,249
1,220
1,414
3,883

Guarantee Programs

CEDF participates in several loan guarantee programs, allowing us to provide loans to small businesses that may not have adequate collateral to support their own loans. These programs, typically facilitated by a municipality, target economic development for low-to-moderate income communities and/or low-to-moderate income business owners.

Loan
Principal
Balance

Guarantee
Amount
Committed

Guarantees
Available

City of Bridgeport Program
North West (NW) CT Small Business Revolving Fund
Sachem Fund Program
City of Stamford Program
City of West Haven Program
DECD Women and Minority Program
Total

# Small Businesses Enrolled:

$ 1,544
119,356

101,767
24,316
7,218
620,505

$ 874,706

55

$ 463
14,625

65,000
7,295
2,165
184,904

$ 274,452

 $ –
24,432



21,748

$ 46,180

Loan Commitments by Entity
Outstanding Loans in Portfolio
Loan Portfolio by Industry
Portfolio by Race Ethnicity