Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 21 Jan 2026 |
| RSSD ID | — (none listed) |
| Address | 2921 E. 17th Street Building D, Suite 1, Austin, TX 78702 Directions (Google Maps) |
| Website | www.peoplefund.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Not yet verifiedThis lender's website blocked our automated reader on 2 Nov 2026 (we do not bypass bot protection), so we can't list its loan products, sizes or service area yet. That doesn't mean it lacks them. Check www.peoplefund.org or contact the lender directly.
Questions to ask when you contact them
We have no details from their website yet, so these are the basics to ask any lender. Something missing here does not mean they don't offer it: ask.
- What kinds of loans do you make, and which one fits what I need?
We have no loan details from their website. - Do you lend where I live, or where my business is?
- What are the smallest and the largest loans you make?
- What interest rate and fees should I expect? For a personal, car or home loan, ask for the APR.
- What documents will you need from me, and how long does a decision usually take?
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$13.3 million in 17 awards from the U.S. Treasury's CDFI Fund, 1998–2024 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $1,285,000 |
| 2024 | CDFI Program, Financial Assistance | $125,000 |
| 2022 | CDFI Equitable Recovery Program | $2,478,839 |
| 2022 | CDFI Program, Technical Assistance | $125,000 |
| 2021 | CDFI Program, Financial Assistance | $676,530 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2021 | CDFI Program, Technical Assistance | $125,000 |
| 2020 | CDFI Program, Technical Assistance | $125,000 |
| 2019 | CDFI Program, Financial Assistance | $674,000 |
| 2017 | CDFI Program, Financial Assistance | $796,500 |
| 2014 | CDFI Program, Financial Assistance | $700,000 |
| 2009 | CDFI Program, Financial Assistance | $1,000,000 |
| 2006 | CDFI Program, Financial Assistance | $585,000 |
| 2004 | CDFI Program, Financial Assistance | $836,000 |
| 2002 | CDFI Program, Financial Assistance | $843,000 |
| 2000 | CDFI Program, Financial Assistance | $588,000 |
| 1998 | CDFI Program, Financial Assistance | $500,100 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $75.3M |
|---|---|
| Total liabilities | $54.1M |
| Net assets | $21.2M |
| Total revenue | $11.2M |
| Notes and loans receivable, net (Part X line 7) | $16.4M |
| Program-related investments (Part X line 13) | $39.8M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 74-2814572, filed as “PEOPLEFUND”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Dec 2021 (990) | $66.1M | $20.6M | $14.5M | — |
| Dec 2022 (990) | $70M | $20.7M | $11.2M | — |
| Dec 2023 (990) | $75.3M | $21.2M | $11.2M | $16.4M |
Total assets grew 14% from Dec 2021 to Dec 2023. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $127,700 (232 loans) | All 7(a) lenders in Texas: $347,900. Larger than the median loan of 33% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| SBA approvals, FY2023–24 → FY2025–26 | 121 → 68 | Rank among the 10 certified CDFIs in Texas with SBA approvals in either period: 2 → 2. |
| Total assets, latest IRS Form 990 | $75.3M | Larger than 88% of the 16 other certified loan funds and venture funds in Texas with a matched Form 990 (median $7.8M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 33% |
| SBA approvals then vs now | certified CDFIs in Texas with SBA approvals FY2023–2026 | 9 | rank 2 → 2 of 10 |
| Form 990 total assets | certified loan and venture funds with a Form 990, in Texas | 16 | larger than 88% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Form 990 figures: IRS annual extracts (see the Form 990 section).
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 267 SBA-backed approvals for PeopleFund in fiscal years 2020–2026 (October 2019 to September 2026):
- 232 7(a) loans as the lender: $35.8M in total (gross amount approved), median $127,700
- 35 504 loans as the Certified Development Company (CDC): $48.9M in total (CDC (SBA-backed) portion approved), median $1.1M
By fiscal year: FY2020 25 · FY2021 20 · FY2022 33 · FY2023 51 · FY2024 70 · FY2025 54 · FY2026 14.
What actually happened
- Size of its 7(a) loans: half were between $94,125 and $204,250, median $127,700 (232 loans)
- Size of its 504 loans (the CDC's SBA-backed portion): half were between $393,500 and $1.6M, median $1.1M (35 loans)
- Term of its 7(a) loans: median 84 months (7 years) (232 loans)
- Term of its 504 loans (the CDC's SBA-backed portion): median 300 months (25 years) (35 loans)
- Interest rate at approval on its 7(a) loans in FY2025–26: median 10.00%, half between 7.00% and 13.50% (60 loans; SBA's initial rate, before any change on a variable loan)
- Fixed or variable: 100% of its 7(a) loans had a fixed rate (232 loans)
- Young businesses: 70% of its 7(a) loans went to a startup or a business two years old or less (232 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) standard (135, 51%)
- 7(a) Community Advantage (97, 36%)
- 504 loans (as the Certified Development Company) (35, 13%)
Borrower industries
NAICS sector, 3 or more loans.
- Accommodation and food services (46)
- Health care and social assistance (41)
- Retail trade (34)
- Arts, entertainment, and recreation (22)
- Professional, scientific, and technical services (22)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- Harris County, TX (34)
- Travis County, TX (33)
- Williamson County, TX (24)
- Bexar County, TX (20)
- Tarrant County, TX (15)
- El Paso County, TX (15)
- Dallas County, TX (12)
- Collin County, TX (10)
- Webb County, TX (10)
- Denton County, TX (9)
- Lubbock County, TX (6)
- Johnson County, TX (6)
- Cameron County, TX (5)
- Fort Bend County, TX (4)
- Hidalgo County, TX (4)
- Montgomery County, TX (4)
- Bell County, TX (4)
- Hays County, TX (3)
- Angelina County, TX (3)
How this lender was matched in the SBA files: SBA CDC ID 0509578: same name, state and city (SBA lists “PeopleFund”); SBA lender ID 0509578: same name, state and city (SBA lists “PeopleFund”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. PeopleFund may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files. For 504 projects, the CDC amount is the SBA-backed portion and the third-party lender amount is that lender's own first-lien loan.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Austin and Texas
- Business and Community Lenders (BCL) of TexasLoan fund · Austin, TXCommercial real estate loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- Business Investment GrowthLoan fund · Austin, TXMicroloansVerified
- Five Points Community Capital, LLCLoan fund · Austin, TXAffordable housing development loans, Small-business loansVerified
- Just Community, IncLoan fund · Austin, TXMicroloans, Small-business loansVerified
- Star of Texas Credit UnionCredit union · Austin, TXAuto / vehicle loans, Credit-builder loans, Small-dollar / emergency loans, Home mortgages…Verified
- Texas Community CapitalLoan fund · Austin, TXSmall-dollar / emergency loans, Affordable housing development loansVerified
- The Community Business Investment Fund, LLCLoan fund · Austin, TXAffordable housing development loansVerified
Work at PeopleFund? Link to this page
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