Auto Repair Shop Feasibility Study in the Manchester-Nashua, NH Metro Area

Auto repair shop in Manchester-Nashua against the national picture

With 53 SBA approvals worth $11.2 million between FY2017 and FY2026, Manchester-Nashua, NH stands 43 of 660 among metro and micro areas. Counting auto repair shop loans, Manchester-Nashua stands at 1.97x the national share: Manchester-Nashua favors the class heavily. Ranked inside Manchester-Nashua, the class sits 2 of 39, a core business. Each Manchester-Nashua project county is in NH.

The median Manchester-Nashua loan comes to $100,000, with its middle half between $25,000 and $258,100. That median is 0.43x the national class median, so Manchester-Nashua borrowers draw lighter loans. 46 loans use SBA 7(a) and 7 use SBA 504, a lender focus. Manchester-Nashua 504 requests lean on fixed assets. The franchise share for Manchester-Nashua is withheld on thin counts, so Manchester-Nashua leaves brand status open.

Auto repair shop lenders in Manchester-Nashua

Under 7(a) in Manchester-Nashua, the holders SBA lists are TD Bank, National Association: 20 loans, $1.2 million; and Merrimack County Savings Bank: 5 loans, $544,000. No 504 holder is listed for Manchester-Nashua. Every Manchester-Nashua row is an SBA record. These Manchester-Nashua loans sit with the lenders named. The Manchester-Nashua table describes files, not practices. No Manchester-Nashua row says what a lender requires. Manchester-Nashua place by place: Hillsborough County, NH records 53 loans.

Manchester-Nashua's published years show FY2017 (9 loans, $1.4 million), FY2021 (7 loans, $1.8 million), FY2022 (5 loans, $1.6 million) and FY2024 (13 loans, $3.2 million). FY2018 through FY2020, FY2023, FY2025 and FY2026 are held back for Manchester-Nashua on thin counts, and Manchester-Nashua blanks say nothing about activity. The FY2017 to FY2024 approvals recorded in Manchester-Nashua saw cancellation after approval of at least 11.9%. The ceiling, with undisbursed loans counted, is 11.9%. The Manchester-Nashua charge-off floor is withheld. Thin Manchester-Nashua cohorts mean unpublished, not none. Every Manchester-Nashua figure follows the 2023 federal definition, and each Manchester-Nashua project is placed by county, and Manchester-Nashua excludes any county it cannot match. Truck service near Manchester-Nashua cannot be separated from car repair, and body shops, glass shops and quick lubes fall outside this class.

A auto repair shop study for Manchester-Nashua: the tests

For a auto repair shop project in Manchester-Nashua, NH, the record gives context; a study proves. The Manchester-Nashua file should document vehicle counts and competing shops nearby. Manchester-Nashua lenders need the study to show coverage when repair orders thin out. In Manchester-Nashua, the study must show lifts, tools and environmental compliance. Manchester-Nashua analysis should establish which work falls outside the class. Lenders in Manchester-Nashua will look for whether truck service changes the picture. For Manchester-Nashua: demand, cost, coverage, value. A Manchester-Nashua study guarantees nothing to lenders.