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Mission: The mission of southland economic development corp. ("southland") is to benefit the communities it serves by stimulating employment and private investment, expanding the tax base, and increasing business opportunities.
Programs: Southland is a "certified development company and operates a u. S. Small business administration (sba) lending program. Southland is authorized to offer and approve loans that are funded by the sba's 504 debenture loan program. Southland actively serves the southern california region. During the year ended september 30, 2017, southland funded 47 loans, amounting to approximately $41,564,000. Southland was servicing 576 loans with a total face value of $359,399,000 and a total remaining balance of approximately $273,841,000 at september 30, 2017.