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Loans Last Year
37
Volume Last Year
$40.68M
Average Deal Size
$2.59M
About
Rappahannock Economic Development Corporation — commonly known as REDCO — is a nonprofit certified development company that helps small businesses obtain long-term, fixed-rate financing through the SBA 504 loan program. The organization focuses on supporting economic growth, commercial real estate development, equipment financing, and job creation for businesses across Virginia, Maryland, Washington, D.C., and parts of West Virginia.
Top Industries Served
| Industry | # of Loans | $ Volume |
|---|---|---|
| Full-Service Restaurants | 6 | $10.5M |
| Fitness Centers | 3 | $3.3M |
| Health Practitioners | 3 | $0.7M |
| Limited-Service Restaurants | 2 | $1.5M |
| Senior Living | 2 | $0.7M |
States Served
MD
VA
WV
Lending across 3 states.
Top Cities (previous yr # of loans)
| # | City | Loans |
|---|---|---|
| 1 | Washington | 3 |
| 2 | Fredericksburg | 2 |
| 3 | Laurel | 2 |
| 4 | Richmond | 2 |
| 5 | Ellicott City | 2 |
Work with this CDC?
We can help connect you with Rappahannock Economic Dev Corp for your next 504 project.
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