A small-ticket, college-region record

Amherst Town-Northampton is Hampshire County alone, with 288 SBA approvals for FY2017 to FY2026 and $86.3 million gross, rank 248 of 928; 238 are 7(a) and 50 are 504. Amherst Town has a median loan of $111,000. Amherst Town stands at 0.53x the national figure; in Amherst Town, half of loans run $50,000 to $269,000. Brands hold 6.9% of the count, so independents dominate.

Class by class, full-service restaurant is far ahead with 20 loans, followed by limited-service restaurant at 9, automotive mechanical repair at 8, and beverage manufacturing and dental office at 6 each; 198 loans lie outside them. Count was 34 loans and $5.8 million in FY2017, 16 loans and $9.9 million in FY2023, a peak of 46 loans and $14.3 million in FY2025 and 37 loans and $10.0 million in FY2026. FY2023 shows how a handful of large loans can move dollars: few loans, yet $9.9 million.

Lenders in Hampshire County

Florence Bank leads Hampshire County's 7(a) book at 36 loans and $4.1 million; behind it come TD Bank, National Association (25 loans, $1.5 million) and Greenfield Savings Bank (23 loans, $2.8 million). Only one 504 name is listed here, Granite State Economic Development Corporation, at 39 loans and $23.7 million. Amherst Town holders are in SBA's records. Amherst Town: each name holds or held loans. Amherst Town counts describe volume, not lender practice, and Amherst Town counts state no requirement.

Amherst Town floors, a withheld rate, and the study

Amherst Town cancellations after approval reached at least 11.2%. Amherst Town approvals span FY2017 to FY2024. Amherst Town reaches 13.7% when undisbursed loans count. Amherst Town charge-offs are withheld. The Amherst Town cohort is too thin; Amherst Town is not a zero. Every Amherst Town rate here is a floor, as open Amherst Town loans may move it. Amherst Town follows county placement. Amherst Town matches each project's county by name. Amherst Town then applies the July 2023 delineation. Amherst Town leaves out loans with unplaceable counties, and Amherst Town counts all approvals, named or not. Amherst Town-Northampton work should pair site demand with a budget honest to a small ticket, a debt service run on a weak year, and value taken from Hampshire County sales; a brewery adds production capacity against distribution reach. Daniel Smith, MAI, names each Amherst Town study. Amherst Town studies are prepared by Loan Analytics.

SBA loans in the Amherst Town-Northampton, MA Metro Area

Loans approved, FY2017 to FY2026	288
Gross dollars approved	$86.3 million
Median loan	$111,000
Middle half of loans, from	$50,000
Middle half of loans, to	$269,000
SBA 7(a) loans	238
SBA 504 loans	50
Franchise share of loans	6.9%
Rank among metro and micro areas by loans	248 of 928
Median loan against the national median	0.53x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	11.2%
The same, counting loans still undisbursed as cancelled (a ceiling)	13.7%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA loans approved in the Amherst Town-Northampton, MA Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	34	$5.8 million
FY2018	33	$10.9 million
FY2019	22	$4.1 million
FY2020	25	$6.9 million
FY2021	22	$12.6 million
FY2022	18	$3.1 million
FY2023	16	$9.9 million
FY2024	35	$8.5 million
FY2025	46	$14.3 million
FY2026	37	$10.0 million

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	198
Full-service restaurant	20
Limited-service restaurant	9
Automotive mechanical repair (car and truck)	8
Beverage manufacturing (breweries, wineries, distilleries)	6
Dental office	6
Veterinary clinic	6
Fitness center	6
Medical office (physicians)	5
Liquor store	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Most active SBA lenders

SBA 504: lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Granite State Economic Development Corporation	39	$23.7 million

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Florence Bank	36	$4.1 million
TD Bank, National Association	25	$1.5 million
Greenfield Savings Bank	23	$2.8 million
Manufacturers and Traders Trust Company	22	$1.8 million
PeoplesBank	11	$795,700

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Hampshire County, MA	288

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-11200.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Amherst Town-Northampton, MA Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Feasibility Study Data for the Amherst Town-Northampton, MA Metro Area