The Ohio Statewide Development Corporation (OSDC) is a private, not-for-profit corporation founded in 1982 to provide financing to Ohio small businesses by acting as an agent or conduit for public financing programs. OSDC is a certified development company (CDC) licensed by the U.S. Small Business Administration (SBA) to provide low-cost, long-term SBA loans to eligible small businesses in Ohio. Our mission is to make low-interest loans to small businesses for buildings, equipment and leasehold improvements. Until January of 2000, OSDC provided this service as an adjunct to the Ohio Department of Development and was located inside ODOD and staffed by ODOD personnel.