Southern Development Council, Inc. Email Format
BankingAlabama, United States11-50 Employees
Southern Development Council, Inc. is a nonprofit organization in the banking sector that operates as a U.S. Small Business Administration Certified Development Company (CDC). Founded in Alabama in 1983 and based in Birmingham, it focuses on fixed-asset acquisitions for small businesses. Over its history, the organization has supported more than 1,100 small business loans and helped create over 21,000 jobs, and it has ranked as the SBA's leading provider of fixed-asset loans in Alabama for more than five years, an endorsement it receives from Alabama Banking Services, a division of the Alabama Bankers Association. Its project experience spans manufacturers, breweries, retail, government contractors, service businesses, rail yards, quarries, medical offices, veterinary clinics, and other business types. Costs covered include building acquisitions, renovations, new construction, equipment, furniture and fixtures, leasehold improvements, and various combinations thereof.