Washington D.C. May 21, 2012-
HEDCO LDC was recognized by the U.S. Small Business Administration as the 2012 Large Certified Development Company of the Year.
The Office of Financial Assistance selected HEDCO LDC based on its loan portfolio quality, its commitment to supporting small business expansion through SBA’s 504 loan program, and its gain in approval volume. HEDCO secured loan commitments for a record 54 projects worth $24.5 million, an increase of 36% from the prior year.
Receiving the award from SBA director Karen Mills was HEDCO President David Perkins.