Feasibility Study Data for the Athens-Clarke County, GA Metro Area

Athens-Clarke County, GA: SBA lending volume and loan size in Athens

Ranked 239 of 928 by loans, Athens drew 300 approvals between FY2017 and FY2026, $226.8 million gross. A median of $409,500 in Athens sits at 1.97x the national median, above the usual ticket. Athens loans in the middle half fall from $150,000 to $944,800. With $150,000 and $944,800 bounding the middle half in Athens, no single benchmark fits every project in Athens.

In Athens, 261 approvals are SBA 7(a) loans; 39 are SBA 504 loans. Athens franchise share of loans is 25.7%. In Athens, classes read full-service restaurant with 22, limited-service restaurant with 22 and gas station and truck stop with 16. In Athens, outside the tracked classes, 172 loans make up the rest of the 300. Geography inside Athens: Clarke County, GA with 177, Oconee County, GA with 83 and Madison County, GA with 21 in Athens.

Athens-Clarke County, GA: who holds the loans, 300 in all

In Athens, lender names come out of SBA's records of in Athens loans a lender keeps or kept in Athens, in the holder field, and carry no judgment of lenders. Athens holders should be read that way in Athens. The largest Athens holders under SBA 7(a) are Oconee State Bank with 20 loans worth $10.0 million; Wells Fargo Bank in Athens National Association with 18 loans worth $8.6 million; The Huntington National Bank with 18 loans worth $7.4 million. Athens SBA 504 list starts with CSRA Local Development Corporation with 17 loans worth $17.6 million; Small Business Access Partners, Inc. with 9 loans worth $4.8 million. In Athens, concentration among top holders says little. An Athens study should stand on evidence alone in Athens.

SBA's files show 11.3% of FY2017 to FY2024 approvals in Athens cancelled, a floor. The Athens ceiling, counting approvals without funds as cancelled is withheld, Athens having too few. Among 126 Athens loans disbursed FY2017 to FY2021, SBA shows 4.8% charged off so far in Athens, a floor in Athens, and withholds the five-year rate. Of the printed Athens years, FY2021 leads with 42 loans. Athens membership follows that county as SBA records it under the July 2023 delineation, which means the loan whose county fails to match appears in no area. The 300 loans in Athens-Clarke County, GA include those in no named class in Athens.

Athens-Clarke County, GA: what the record asks of a Athens feasibility study

Start with demand in Athens. Study the market around one site, not the metropolitan area average, while holding a slow start for Athens. Cost needs care in Athens. Tickets cluster near $409,500 at the median, still quotes and comps must drive it, with contingency stated openly in Athens. Coverage of the Athens loan payment follows. Show coverage at the requested loan also with lower sales, letting an Athens lender see the margin. Lenders in Athens also rely on appraisals in Athens, so the study's own comparables ought to trace to evidence in Athens. In Athens, 300 loans spread over many neighbourhoods, and an Athens study must say which it targets. With Athens at 1.97x the national median in Athens, projects run large in Athens. The study must justify its project for Athens against $409,500.