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SBA 504 CDC record

Cascade Capital Funding: SBA 504 projects as the CDC

Cascade Capital Funding, based in Salem, OR, is named in the SBA file as the Certified Development Company on 31 SBA 504 projects with an approval in the 36 months ending September 30, 2026, leaving out approvals the file marks cancelled or not funded. The first liens on those projects, made by other lenders, total $27.3M. Most of the projects were in Oregon.

Evidence
SBA 504 projects that name it as the CDC, 36 months ending September 30, 2026, SBA
Data as of
SBA, September 30, 2026
Page last changed
November 11, 2026
Projects as the CDC, 36 months
31
SBA FOIA,
Cancelled and not funded approvals left out
First-lien dollars
$27.3M
SBA FOIA,
Lent by the first-lien lenders, not by the CDC
SBA debenture dollars
$40.0M
SBA FOIA,
On its approvals net of cancelled, funded or not
Typical first lien
$740K
SBA FOIA,
Last 12 months
14
SBA FOIA,

Cite this

Source: The Lender Report, Cascade Capital Funding: SBA 504 projects as the CDC, https://lender.report/lender/cascade-capital-funding-or/sba-504-cdc/, data as of September 30, 2026.

Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.

Cascade Capital FundingFirst liens on its projects, made by other lenders. Newest first
PeriodPlaceLoanAmountRateTermLTVSource
Apr 2026OregonSBA 504, Retail Trade$2.8M25 yrSBA FOIA
Mar 2026OregonSBA 504, Full-Service Restaurants$1.1M25 yrSBA FOIA
Mar 2026OregonSBA 504, Other Services (except Public Administration)$290K25 yrSBA FOIA
Jan 2026OregonSBA 504, General Automotive Repair$610K25 yrSBA FOIA
Nov 2025OregonSBA 504, Limited-Service Restaurants$1.1M25 yrSBA FOIA
Sep 2025OregonSBA 504, Full-Service Restaurants$950K25 yrSBA FOIA
Jul 2025OregonSBA 504, Limited-Service Restaurants$290K25 yrSBA FOIA
Jun 2025OregonSBA 504, Accommodation and Food Services$670K25 yrSBA FOIA
May 2025OregonSBA 504, Limited-Service Restaurants$740K25 yrSBA FOIA
Apr 2025OregonSBA 504, Full-Service Restaurants$1.3M25 yrSBA FOIA
Feb 2025OregonSBA 504, Retail Trade$910K25 yrSBA FOIA
Jan 2025OregonSBA 504, Retail Trade$910K25 yrSBA FOIA
Jan 2025OregonSBA 504, Health Care and Social Assistance$500K25 yrSBA FOIA
Nov 2024WashingtonSBA 504, Management of Companies and Enterprises$680K25 yrSBA FOIA
Nov 2024WashingtonSBA 504, Construction$350K25 yrSBA FOIA
Sep 2024OregonSBA 504, Real Estate and Rental and Leasing$1M25 yrSBA FOIA
Sep 2024WashingtonSBA 504, Professional, Scientific, and Technical Services$390K25 yrSBA FOIA
Jul 2024OregonSBA 504, Arts, Entertainment, and Recreation$2M25 yrSBA FOIA
Jun 2024OregonSBA 504, Health Care and Social Assistance$790K25 yrSBA FOIA
Jun 2024OregonSBA 504, Finance and Insurance$630K25 yrSBA FOIA
May 2024OregonSBA 504, Health Care and Social Assistance$840K25 yrSBA FOIA
Apr 2024WashingtonSBA 504, Offices of Dentists$1.8M25 yrSBA FOIA
Mar 2024OregonSBA 504, Manufacturing$510K25 yrSBA FOIA
Mar 2024OregonSBA 504, Other Services (except Public Administration)$360K25 yrSBA FOIA
Feb 2024OregonSBA 504, Finance and Insurance$200K25 yrSBA FOIA
31 SBA 504 projects in the 36 months ending September 30, 2026$27.3MFirst-lien dollars, SBA FOIA

A blank means the source did not report it.

Where the SBA 504 projects that name Cascade Capital Funding as the CDC are, most projects first
StateProjectsFirst-lien dollars
Oregon27$24.0M
Washington4$3.22M
SBA FOIA,

SBA loans are on record by state only. The dollars are the first liens other lenders made on these projects.

Cascade Capital Funding: SBA 504 projects by the size of the first lien
First-lien sizeProjectsFirst-lien dollars
Under $150K0$0
$150K to $350K4$980K
$350K to $1M18$12.0M
$1M to $2.5M8$11.5M
$2.5M or more1$2.80M
SBA FOIA,
Cascade Capital Funding: SBA 504 projects by quarter
QuarterProjectsFirst-lien dollars
2023 Q44$4.03M
2024 Q15$2.57M
2024 Q24$4.06M
2024 Q33$3.39M
2024 Q42$1.03M
2025 Q13$2.32M
2025 Q23$2.71M
2025 Q32$1.24M
2025 Q41$1.10M
2026 Q13$2.00M
2026 Q21$2.80M
SBA FOIA,

Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.

Kinds of business on Cascade Capital Funding's SBA 504 projects, most projects first
Industry (NAICS)Projects
Health Care and Social Assistance4
Finance and Insurance3
Full-Service Restaurants (722511)3
Limited-Service Restaurants (722513)3
Retail Trade3
Accommodation and Food Services2
Manufacturing2
Other Services (except Public Administration)2
Professional, Scientific, and Technical Services2
Arts, Entertainment, and Recreation1
Construction1
General Automotive Repair (811111)1
SBA FOIA,

A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.

How the SBA processed the projects
Processing methodProjects
504 Basic31
SBA FOIA,
First-lien lenders on Cascade Capital Funding's SBA 504 projects, most projects first
First-lien lenderProjectsFirst-lien dollars
Harborstone Credit Union6$5.05M
Bank of the Pacific5$6.49M
Oregon Pacific Banking Company dba Oregon Pacific Bank3$2.98M
JPMorgan Chase Bank, National Association3$1.58M
KeyBank National Association2$1.40M
Harvest Commercial Capital, LLC2$1.18M
Banner Bank1$2.00M
Hapo Community Credit Union1$1.80M
Evolve Bank & Trust1$1.30M
New Day Commercial Capital1$890K
Heritage Bank, Olympia, WA1$840K
GESA Credit Union1$500K
First liens not tied to a lender record1$200K
SBA FOIA,

The 12 first-lien lenders with the most projects, of 15 on record here.

Cascade Capital Funding as the CDC in the SBA file, 36 months ending September 30, 2026
MeasureFigure
Approvals that name it as the CDC, net of cancelled approvals46
Of those, funded by September 30, 2026: the projects on this page31
Of those, not funded by September 30, 202615
SBA debenture dollars on the approvals net of cancelled, funded or not$40.0M
SBA FOIA,

The debenture is the part of a 504 project that comes through the CDC. The lender record carries its dollars for the approvals as a whole, not project by project.

  • The SBA file names Cascade Capital Funding as the Certified Development Company on 31 SBA 504 projects with an approval in the 36 months ending September 30, 2026, in 2 states. Approvals the file marks cancelled or not funded are left out. SBA FOIA,
  • The first liens on those projects, made by other lenders, total $27.3M. That is the first-lien lenders' money, not Cascade Capital Funding's own lending. SBA FOIA,
  • The part of a 504 project that comes through the CDC is the SBA debenture. The SBA file shows $40M in debentures on 46 approvals that name Cascade Capital Funding in the same 36 months, net of cancelled approvals; 15 of those were not funded by September 30, 2026 and are not among the projects here. SBA FOIA,
  • 14 of the projects carry an approval date in the 12 months to September 30, 2026, and 16 in the 12 months before, counting approvals not yet funded in both periods. SBA FOIA,
  • The typical first lien was about $740K, with the middle half between $500K and $1.1M. SBA FOIA,
  • The largest first lien was about $2.8M. Every amount is rounded to 2 significant figures. SBA FOIA,
  • The median term of the first liens was 25 years. SBA FOIA,
  • The first liens came from 15 lenders with a record here and from lenders the file could not be tied to a record, most often Harborstone Credit Union (6). SBA FOIA,
  • The projects were most often for Health Care and Social Assistance (4). SBA FOIA,
  • The SBA file lists 31 of the projects as processed under 504 Basic. SBA FOIA,
  • The projects were most often in Oregon (27) and Washington (4). SBA FOIA,

What we don't know

  • Whether Cascade Capital Funding is taking new SBA 504 projects today, or how it would treat a business like yours.
  • The debenture on each project. The rows here carry the first-lien amount; debenture dollars are on record for the lender as a whole.
  • Projects with a cancelled approval, and approvals not funded yet. They are left out of the projects here.
  • The borrower, the address and every term beyond the term of the first lien. The public file does not show them.

SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.

Every project here is an SBA 504 approval that names Cascade Capital Funding as the Certified Development Company. Dollars in the list and the tables are first-lien amounts, lent by the first-lien lender on each project.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.