Click for Rate History  

We specialize in providing 504 financing to small and mid-size companies throughout California. 504 loans are long-term commercial real-estate financing with fixed below market interest rates and low down payments.

WesternValve Premier Eye Care
Century Rubber Modern Office Equipment
Your Project Could Be Here!

"The affordability of the Bakersfield area allowed my employees to purchase homes."

Steve Cozzetto, Century Rubber

"Building a larger facility has been good for business."

Dr. John Hawley, O.D., Premier Eyecare

"I didn't Realize all the things the SBA can do...with the 504 [program], the approval process was 3 days."

Pat & Deanna Murray, Western Valve


Mid State Development Corporation was established in 1980 to serve Kern County, California. As a private, non-profit organization, we were licensed in 1981 by the U.S. Small Business Administration (SBA) as a Certified Development Company (CDC). We are the major manager of the SBA 504 Loan-Program in Kern County.

Our service-area has expanded and includes clients throughout California. We fund loans for land, buildings, and long-life machinery. Additionally, we can also package your SBA 7-a request to fund working capital, inventory, furniture, fixtures, and short-life equipment.

We invite your application and commit to a timely and equal-opportunity decision.

Keith Brice

A non-profit Certified Development Company, providing SBA 504-Loans since 1980.

Copyright 2014 Mid State Development Corp.
All Rights Reserved.