Maine Record
Portland
Low PriorityBusiness Jobsopen

PDC lending performance and annual report

Summary

The FY2026 annual report shows the PDC has lent over $18 million since 1991, leveraged $350 million in private money, and sits at a 4.1% default rate — well under its 15% capital reserve. This year alone: nine commercial loans worth $740,000 that created 67 jobs.

At a glance

Total mentions
1
Last 30 days
0

Discussed at 1 meeting in the last 60 days; most recently Sep 17, 2026.

Impact analysis

💰Financial impact

$740,000 in commercial loans made in FY2026; $7.43 million active portfolio citywide.

✅Who benefits

Local businesses that can't get traditional bank financing, and the broader economy through jobs and tax base.

Mentions & discussions (1)

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