Auto Repair Shop Feasibility Study in the Ogden, UT Metro Area

Mechanical repair of cars and trucks is fifth of 39 classes in the Ogden, UT Metro Area, and Ogden stands 56 of 660 when areas are ranked on the class. Underneath sit 35 loans and $20.5 million approved across FY2017 to FY2026. Ogden lending leans toward repair, 1.13x on the location quotient, a nuance an all-class tally would miss. The median loan of $358,000 is 1.52x the national median, a sizeable premium: Ogden shops borrow notably more than the usual shop.

An even program split

Programs divide almost evenly, 20 under SBA 7(a) against 15 under SBA 504, so the real-estate program carries a large part of the record. The middle half of loans runs from $220,450 to $675,500. Franchise share is 31.4%, the share of shops with a brand flag. A study should decide whether the shop is a franchise outlet or an independent one, since that choice moves equipment, training and fee costs.

Holders, counties and the single printed year

The SBA 504 table shows Mountain West Small Business Finance holding 8 loans worth $4.3 million and Intermountain Business Lending, Inc. holding 7 loans worth $2.9 million. The named institutions are shown as SBA records them, as holders of the loans, with no reading of their policies. By county, Davis County, UT accounts for 21 loans and Weber County, UT for 14. Only FY2023 prints, at 8 loans and $4.8 million. Years missing from the Ogden list are held back by Loan Analytics for thin counts, and none of them should be read as an empty year.

Scope of the class and what to test

This class cannot split truck work from car work, because truck shops share their industry code with car repair. Body shops, glass, oil-change outlets and the remaining automotive repair codes belong to other classes and are left out. Of 35 loans in this cell, too few fall in the rate cohort to print cancellation or charge-off figures for Ogden. A study for an Ogden shop should test the vehicle count and the drivers within reach, competing garages, the bays and equipment the plan needs, and purchase or build cost against a request near the $358,000 median. It should show labor and parts margins that cover the debt and support the appraisal of a property built for repair. The page looks back at loans already approved; it says nothing about the outcome of a new repair-shop request.