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CDC Small Business Finance
Corporate Headquarters
925 Fort Stockton Drive
San Diego, CA 92103
619.291.3594
619.291.6954 fax
www.cdcloans.com
President and CEO: Kurt Chilcott, 48.
Opened for business: 2002 was CDC's 25th anniversary.
- Capital matters: Since CDC is a nonprofit economic development organization, it is judged by its ability to distribute loan guaranties under government lending programs.
- Loan volume: As of Sept. 30, 2002, CDC set a new national record for the total dollar value of approved SBA 504 loans with 312 loans worth more than $152 million. All 504 loans are made by certified development companies and not banks.
- Project participation: In contributions with bank lenders, CDC helped fund projects worth more than $445 million.
- Plant the flag: In addition to its San Diego headquarters, CDC also has offices in Santa Ana, El Centro, Riverside and Palm Desert.
- Employees: 50, up from 43 last year.
- Directors:
Alan Aiello, principal Evergreen Wealth Management;
Abigail Barrow, managing director, Von Liebig Center Irwin and Joan Jacobs School of Engineering at UCSD;
Michelle Candland, managing director, CB Richard Ellis;
Kristine Chung, senior vice president, City National Bank;
Hank Cunningham, director, economic development and community services, city of San Diego;
Joan Earhart, senior vice president/SBA manager Business Community Capital;
Rudy Johnson, assistant director of the convention center, San Diego Convention Corp.;
Jessie J. Knight Jr., president and CEO, San Diego Regional Chamber of Commerce;
Jane McVey, director, economic development, city of Oceanside;
Alan Mittleman, president and CFO, Custom Logos;
Kevin Palmer, economic development manager, city of Riverside;
Oscar G. Rodriquez, director of economic development, city of El Centro;
Bill Sommer, senior vice president, Bank of America;
Michael Stull, director of the Center for Entrepreneurship Inland Empire Cal State University-San Bernardino;
Steven Stultz, Stultz Financial;
Thomas Topuzes, president, Thomas Topuzes and Associates;
Robert Villareal, executive director, San Diego County Hispanic Chamber of Commerce.
- Key Personnel:
Kurt Chilcott/president/CEO;
Gary Youmans/Chairperson Community National Bank;
Dan E. Wilkens/secretary, Port of San Diego;
George Ramirez/vice chairperson, Union Bank of California;
Robin Zimpfer/assistant secretary, Riverside County EDA.
- Niche and target customer: Chilcott says the bank's core competencies are in SBA lending and co-lending with bank partners. CDC expertise and bank partnerships provide support for programs such as the SBA micro loan.
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