Feasibility Study Data for the Boston-Cambridge-Newton, MA-NH Metro Area

Boston-Cambridge-Newton lending, in outline

$4.63 billion over 15,096 loans is the Boston-Cambridge-Newton total, FY2017 through FY2026. Boston-Cambridge-Newton sits at 6 of 928 among areas ranked by loans. Boston-Cambridge-Newton loans center on $100,000, the median. $50,000 to $300,000 spans the Boston-Cambridge-Newton middle half. Against the national median, Boston-Cambridge-Newton comes to 0.48x. Boston-Cambridge-Newton splits into 13,166 loans under 7(a) and 1,930 under 504. Boston-Cambridge-Newton shows a franchise share of 5.6%. $4.63 billion is the Boston-Cambridge-Newton dollar total.

Boston-Cambridge-Newton: where the loans land

Full-service restaurant (885) tops Boston-Cambridge-Newton; limited-service restaurant (452) and beauty salon (342) follow. Next in Boston-Cambridge-Newton comes fitness center at 315 loans. The Boston-Cambridge-Newton record also holds 11,239 loans in no tracked class. SBA assigns Boston-Cambridge-Newton loans mostly to Middlesex County, MA (4,353), Essex County, MA (2,910), and Norfolk County, MA (2,101). Strafford County, NH is the smallest listed Boston-Cambridge-Newton county, with 498 loans, so the area is uneven.

Boston-Cambridge-Newton: lenders in the record

The lenders named for Boston-Cambridge-Newton are today's holders of each loan. Boston-Cambridge-Newton 7(a) holders include Eastern Bank with 3,815 loans ($425.9 million), TD Bank, National Association with 1,335 loans ($156.7 million), and Rockland Trust Company with 618 loans ($184.4 million). Boston-Cambridge-Newton lists, for 504, Bay Colony Development Corporation with 719 loans ($456.8 million) and South Eastern Economic Development Corporation with 73 loans ($52.3 million). For a Boston-Cambridge-Newton borrower, these rows give background only. Nothing in Boston-Cambridge-Newton rows states what a holder requires.

Boston-Cambridge-Newton: outcome rates and data limits

Boston-Cambridge-Newton approvals of FY2017 to FY2024 end in cancellation at 11.8%, a floor. Boston-Cambridge-Newton reaches 13.2% if undisbursed loans count as cancelled; that is the Boston-Cambridge-Newton ceiling. 6,913 Boston-Cambridge-Newton loans make the FY2017 to FY2021 cohort; 5.6% are charged off, a floor. The Boston-Cambridge-Newton five-year figure is 3.9%. Boston-Cambridge-Newton rates are floors. Loans season, and Boston-Cambridge-Newton events can still raise them. Boston-Cambridge-Newton is built from county names. Boston-Cambridge-Newton applies the July 2023 delineation, and loans with no county match are omitted from it. Boston-Cambridge-Newton totals hold untracked-class loans too.

Boston-Cambridge-Newton: testing a project

By year, FY2017 was busiest for Boston-Cambridge-Newton, at 2,128 loans and $366.6 million, and FY2020 quietest, at 1,162 loans and $357.0 million. FY2026 closes the Boston-Cambridge-Newton series at 1,325 loans, $502.5 million. In Boston-Cambridge-Newton, demand testing starts with Middlesex County, MA and the businesses already serving it. Boston-Cambridge-Newton costs sit beside a $100,000 median. Boston-Cambridge-Newton stands at 0.48x nationally. In Boston-Cambridge-Newton, debt service is tested against a slow case. Any Boston-Cambridge-Newton reviewer sees the floors. Appraisal in Boston-Cambridge-Newton needs area comparables. Value and cost must agree in the Boston-Cambridge-Newton study. Absorption near Middlesex County, MA is tested for Boston-Cambridge-Newton on a slow case. The Boston-Cambridge-Newton study states its limits beside Middlesex County, MA findings.