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CMDC is an SBA Premier Certified Lender (PCLP) authorized to provide SBA 504 financing throughout Minnesota. Less than 10% of the certified development companies (CDCs) in the United States have this designation. 


Our mission is to promote economic development by cultivating a financing environment that allows MN small businesses to grow and prosper. To fulfill this mission, CMDC provides the following services to businesses and bank lenders:

  • SBA 504 Loans
  • SBA 7(a) Loan Packaging Assistance
  • CMDC Initiative Fund
  • Business Plan Development


Growing Business in Minnesota

From manufacturing facilities to retail stores, from veterinary clinics to restaurants, CMDC has helped hundreds of MN business owners get business financing which has resulted in the creation of thousands of jobs. Of more than 500 SBA lenders in Minnesota, CMDC consistently ranks in the top 20.


We are committed to our community leaders, lenders and business owners to grow business in Minnesota and make it a great place to live and work.






Central Minnesota Development Company [CMDC]
1885 Station Parkway NW, Andover, MN 55304
(763) 784-3337 | Fax (763) 784-3338