Feasibility Study Data for the Burlington-South Burlington, VT Metro Area

Burlington-South Burlington: volume, rank and ticket size across Burlington-South Burlington, VT

Project sites in Burlington-South Burlington drew 746 SBA approvals for Burlington-South Burlington projects between FY2017 and FY2026, worth $216.4 million in gross dollars. By loan count, Burlington-South Burlington ranks 130 of 928 against every other statistical area, Burlington-South Burlington among them. Loan size centers on $96,100, and the central half fall from $37,050 up to $250,000. Burlington-South Burlington borrowers borrow less, at 0.46x of the national median. Smaller Burlington-South Burlington tickets are the first thing that sets Burlington-South Burlington apart.

Burlington-South Burlington, VT loans and who holds them around Burlington-South Burlington

The program split in Burlington-South Burlington is 678 under 7(a) and 68 under 504, Burlington-South Burlington leaving 504 as the minority route. Loans tied to franchise systems make up 4.2%. The leading 7(a) holder by loans is TD Bank, National Association, with 108 loans worth $14.4 million. 83 loans and $20.7 million belong to Community National Bank (VT), in second place. 74 loans sit Burlington-South Burlington with Manufacturers and Traders Trust Company, and Peoples Trust Company of St. Albans at 48. Under 504, Granite State Economic Development Corporation is the lead holder with 58 loans and $35.2 million. Lender totals here are SBA records, nothing more. The threshold for TD Bank, National Association Burlington-South Burlington appears where SBA gives it as the Burlington-South Burlington holder; nothing here speaks to what Community National Bank (VT) asks of an applicant.

Burlington-South Burlington: class and county mix across Burlington-South Burlington, VT

Most of the Burlington-South Burlington total sits outside the tracked asset classes: 539 loans that carry codes outside the Burlington-South Burlington table. The Burlington-South Burlington class rows therefore describe a minority of Burlington-South Burlington lending. The Burlington-South Burlington class table opens with full-service restaurant, 45 loans, then beverage manufacturing (breweries, wineries, distilleries) with 33 and fitness center with 16. Smaller classes follow, among them medical office (physicians) at 14 loans and limited-service restaurant at 14. By county, Chittenden County, VT accounts for 587 loans, followed by Franklin County, VT with 134 and Grand Isle County, VT with 25. A project in one county encounters other land costs, which the metro area total blends together.

Burlington-South Burlington, VT: how to read Burlington-South Burlington cancellations and charge-offs

Of FY2017 to FY2024 approvals in Burlington-South Burlington, no fewer than 8.0% were cancelled before the loan closed out. Treating undisbursed Burlington-South Burlington loans as cancelled gives a ceiling of 9.3%. For the 385 loans disbursed in FY2017 to FY2021, Burlington-South Burlington charge-offs to date are no lower than 2.6%. As for the five-year Burlington-South Burlington rate, it is not reported, its group being under 30 loans, and any figure would be a guess. Seasoning continues, making these floors that can rise and cannot fall. Annual approvals peaked in FY2017 at 99 loans and $15.4 million, while FY2023 was the low point before FY2026, at 50 loans and $8.9 million. A loan joins the Burlington-South Burlington, VT figures through its project county, as with Chittenden County, VT or Franklin County, VT; the 2023 Burlington-South Burlington map of statistical areas sets the border, so a loan from an unmatched Burlington-South Burlington county appears nowhere.

Burlington-South Burlington, VT: the tests a Burlington-South Burlington study must pass

In Burlington-South Burlington, a analysis has to be written for the specific county, since area totals mix several markets. Full-service restaurant is the lead Burlington-South Burlington class in Burlington-South Burlington, so expect scrutiny of Burlington-South Burlington dining rooms and their weeknight trade, plus the lunch and dinner balance and seats against realistic covers. Projects in beverage manufacturing (breweries, wineries, distilleries) here turn on ingredient or grape supply, with seasonal cash cycles close behind. Cash flow for a Burlington-South Burlington loan should be run against a downturn; the Burlington-South Burlington appraisal has to rest on local Burlington-South Burlington comparables and income. With smaller tickets the norm in Burlington-South Burlington, an ask beyond the usual range needs a clear case for the project.