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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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