Feasibility Study Data for the Brigham City, UT-ID Micro Area

Brigham City in the SBA loan record

Brigham City, UT-ID logged 179 SBA approvals in FY2017 to FY2026, worth $73.6 million in gross dollars. Brigham City counts as a mid-table area, ranked 337 of 928 by loans. Brigham City, with every class pooled, is read in Brigham City, UT-ID. No ID and UT state page offers that view of Brigham City.

$50,000 to $496,500 spans the middle half of Brigham City loans, and $167,000 is the median. Brigham City sits below the national level: its 0.80x ratio to the national median means Brigham City requests sized nationally may look large. 137 of the Brigham City loans are 7(a); 42 are 504; Brigham City borrowers meet 7(a) most. Brigham City franchised businesses took 8.4% of loans, so a branded concept in Brigham City needs a brand-cost check in Brigham City.

Classes, counties and lenders in Brigham City

In Brigham City, UT-ID, self storage (8 loans); gas station and truck stop (6 loans) lead by loans in Brigham City. Another 135 Brigham City loans sit in no tracked class, so Brigham City totals describe operating businesses, not only property. Brigham City lending concentrates by county: Box Elder County, UT (174 loans) and Oneida County, ID (5 loans). Brigham City 7(a) leaders: Zions Bancorporation, National Association ($8.5 million, 29 loans); Cache Valley Bank ($5.1 million, 17 loans); Mountain America FCU ($3.8 million, 16 loans). Brigham City 504 lending is led by 31 loans at Mountain West Small Business Finance ($21.9 million); 11 loans at Intermountain Business Lending, Inc. ($8.6 million). Zions Bancorporation, National Association's 29 loans, like every Brigham City lender figure, are an SBA record of Brigham City loans held or once held. No Brigham City lender is judged by these counts.

Brigham City approvals peaked in FY2019 at 23 loans and $14.4 million, bottomed at 10 in FY2020, and ended FY2026 at 20, lower than the 22 of FY2017. Brigham City cancellations stand at 10.6%, a floor, for Brigham City approvals in FY2017 to FY2024; Brigham City's ceiling is withheld, never zero in Brigham City. A charge-off floor for Brigham City would rest on a thin cohort of 179 loans, so Brigham City withholds it; withheld is not zero. Brigham City faces a geography limit: Brigham City, UT-ID uses the July 2023 definition; 179 loans are matched by county, and unplaceable Brigham City loans are omitted, so Brigham City counts and rates are floors.

Brigham City: testing a project

Any Brigham City study defines its Brigham City trade area first, since lending in Box Elder County, UT differs from lending across Brigham City, UT-ID. In Brigham City, a self storage project has deep precedent; other Brigham City concepts must bring their own evidence of Brigham City demand. Brigham City costs belong on local bids; test Brigham City debt service coverage for a loan near $167,000, and again near $496,500. Brigham City, UT-ID spans ID and UT, so a Brigham City study weighs licensing and incentives in ID and UT separately, and a Brigham City appraisal needs Brigham City comparables from the right side of Brigham City, UT-ID. Brigham City is micropolitan, so a Brigham City appraisal should say how thin the Brigham City comparables are. Nothing printed for Brigham City predicts approval; each Brigham City lender still reviews a study.