Feasibility Study Data for the Burlington, NC Metro Area

Burlington, NC: SBA lending volume and loan size in Burlington

Ranked 358 of 928 by loans, Burlington drew 158 approvals between FY2017 and FY2026, $139.9 million gross. A median of $431,850 in Burlington sits at 2.08x the national median, above the usual ticket. Burlington loans in the middle half fall from $156,550 to $1.1 million. With $156,550 and $1.1 million bounding the middle half in Burlington, no single benchmark fits every project in Burlington.

In Burlington, 148 approvals are SBA 7(a) loans; 10 are SBA 504 loans. Burlington franchise share of loans is 21.5%. In Burlington, classes read gas station and truck stop with 11, full-service restaurant with 8 and limited-service restaurant with 8. In Burlington, outside the tracked classes, 96 loans make up the rest of the 158. A single county, Alamance County, NC, accounts for 158 Burlington loans.

Burlington, NC: who holds the loans, 158 in all

In Burlington, lender names come out of SBA's reporting on loans a holder in Burlington keeps or kept in Burlington, per the holder note in Burlington, so they record a portfolio only. Burlington holders should be read that way in Burlington. The largest Burlington holders under SBA 7(a) are United Community Bank (SC) with 10 loans worth $12.8 million; Wells Fargo Bank National in Burlington Association with 8 loans worth $1.4 million; The Huntington National Bank with 7 loans worth $5.2 million. No holder in Burlington, NC reaches the 504 table threshold. The Burlington 504 side carries no lender names. In Burlington, concentration among top holders says little. A Burlington study should stand on evidence alone in Burlington.

SBA's files show 8.8% of FY2017 to FY2024 approvals in Burlington cancelled, a floor. Burlington reaches a ceiling of 8.8% if undisbursed loans count as cancelled in Burlington. Charge-offs for Burlington within disbursed loans of FY2017 to in Burlington FY2021 is held back in Burlington, the cohort is small; silence about Burlington is not a claim of zero. Of the printed Burlington years, FY2025 leads with 25 loans. A loan joins Burlington through whichever county the project names by the July 2023 delineation, meaning any loan whose county is unplaceable goes uncounted in any area. The 158 loans in Burlington, NC include those in no named class in Burlington.

Burlington, NC: what the record asks of a Burlington feasibility study

In Burlington, demand is the opening test. Show the draw of that location, never Burlington at large, and stress the first year in Burlington. The Burlington budget is next. The norm of $431,850 is only a guide, however land and building need bids, with Burlington fees and reserves itemised. Serviceability is the heart of Burlington. Run the ratio at the proposed amount next to a in Burlington case with softer income, to find the Burlington breakeven revenue. Burlington appraisers challenge weak assumptions, so the study's rent and caps has to be defensible in Burlington. Inside Burlington, NC, submarkets differ widely. Its 158 loans average across them all, so a Burlington study must name the Burlington submarket it means. With Burlington at 2.08x the national median in Burlington, projects run large in Burlington. The study must justify its project for Burlington against $431,850.