Feasibility Study Data for the Cape Coral-Fort Myers, FL Metro Area

How big the Cape Coral-Fort Myers record is

Across Cape Coral-Fort Myers, the SBA loan files carry 1,562 loans over FY2017 through FY2026, totalling $1.06 billion in gross dollars. Cape Coral-Fort Myers sits within all such areas nationwide, counted by loans, at 69 of 928. The middle half of Cape Coral-Fort Myers loans falls between $120,050 and $775,000, around a typical loan of $325,000; which puts the median at 1.56x the nationwide median. By program, Cape Coral-Fort Myers shows 1,373 loans under 7(a) against 189 under 504. Franchises make up 15.0% of approvals.

Cape Coral-Fort Myers: who and where

Also, across the named classes we track for Cape Coral-Fort Myers, full-service restaurant stands on top with 87 loans, then limited-service restaurant with 33 and car wash, 30 loans. Also 1,156 loans in Cape Coral-Fort Myers fall outside the classes. Every loan in Cape Coral-Fort Myers sits in Lee County, FL, at 1,562 loans, which makes our work around Cape Coral-Fort Myers a matter of one county only.

Cape Coral-Fort Myers: names SBA lists

Holders named for Cape Coral-Fort Myers are copied from SBA's published Cape Coral-Fort Myers records of the 1,562 approved loans in Cape Coral-Fort Myers, naming each current or past holder; the records assign every entry yet say nothing of what lenders require. Also, on the 7(a) side around Lee County, FL, the biggest holders are The Huntington National Bank ($88.0 million across 217 loans); next, Wells Fargo Bank National Association (78 loans, $10.9 million). Beyond that, among 504 loans in Cape Coral-Fort Myers, the entries read Florida First Capital Finance Corporation, Inc., with 109 loans for $113.7 million and Florida Business Development Corporation, with 50 loans for $46.1 million. The holder rows are context only; the lender the borrower uses sets what a Cape Coral-Fort Myers study must contain.

Cape Coral-Fort Myers: outcomes and calendar

Looking at Cape Coral-Fort Myers approvals from FY2017 to FY2024, at least 12.0% ended in cancellation after approval in Cape Coral-Fort Myers, which is a floor; the real Cape Coral-Fort Myers rate may be higher. For the record, among disbursed Cape Coral-Fort Myers loans approved from FY2017 through FY2021, 8.7% show as charged off as of today, another floor; 5.7% ended in charge-off within five years, within a base of 574 loans. Year by year, Cape Coral-Fort Myers reached its high in FY2025 at 230 loans and $163.5 million, and bottomed out in FY2022 at 120 loans and $102.0 million.

Cape Coral-Fort Myers: what a study tests

For Cape Coral-Fort Myers, begin with demand: who lives in Lee County, FL, measured against Cape Coral-Fort Myers as a whole, and how much room 87 full-service restaurant loans leave. On cost: $325,000 is the Cape Coral-Fort Myers median and $120,050 to $775,000 the central range, so a Lee County, FL site must justify its budget against that $325,000 midpoint. Then coverage: Cape Coral-Fort Myers coverage outlasts a weak year against the 12.0% floor for cancellation plus the 8.7% floor for charge-off. An appraisal in Cape Coral-Fort Myers has to support the worth financed. Cape Coral-Fort Myers applies the 2023 July definition; any loan whose project county has no match falls out of each area, Cape Coral-Fort Myers no exception, while the totals count loans outside the named classes.