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SAFE-BIDCO contact and claims information

Oct 25, 2017

On September 18, 2017, the Commissioner of Business Oversight took possession of the property and business of the State Assistance Fund for Enterprise, Business and Development Corporation, or SAFE-BIDCO, pursuant to Financial Code section 592. On the same day, the Commissioner appointed Robb Evans as a special deputy commissioner for the purpose of liquidating SAFE-BIDCO’s assets, discharging its liabilities, and winding down its operations. 

UPDATE: As part of the liquidation of SAFE-BIDCO, all of its SBA Loans were sold to CRF Small Business Loan Company in July 2019. The following is a link to CRF’s website, which includes their contact information:

Community Reinvestment Fund, USA
801 Nicollet Mall, Suite 1700 West
Minneapolis, Minnesota 55402
Tel: 800.475.3050
General Fax: 612.338.3236
Loan Servicing Fax: 612.359.6185