What SBA's own loan files show about lending in the Chambersburg, PA Metro Area, every asset class together, and what a feasibility study for a project there has to test.
137 SBA approvals landed here for Chambersburg projects over FY2017 to FY2026, for $49.4 million gross. The metro area sits at 394 of 928 against every other statistical area, Chambersburg among them. A typical Chambersburg loan is $125,000, with half of all loans between $40,000 and $341,000. Against the country, Chambersburg borrowers take smaller loans, at 0.60x of the national median. The typical Chambersburg ticket is therefore smaller than the national one.
The program split in Chambersburg is 130 under 7(a) and 7 under 504; in Chambersburg, 7(a) carries the larger Chambersburg share. Franchise brands account for 12.4% of loans in this metro area. 65 loans worth $5.0 million put Manufacturers and Traders Trust Company Chambersburg first among 7(a) Chambersburg holders; next is United Midwest Savings Bank National Association, 7 loans for $4.5 million. Orrstown Bank holds 7 loans, then 5 for Newtek Bank, National Association. No 504 holder in Chambersburg reaches the five-loan Chambersburg line needed to be named. SBA's holder records supply every lender row here. A row for Manufacturers and Traders Trust Company appears as the holder SBA reports; the Chambersburg list neither praises nor faults any holder.
Most of the Chambersburg total sits outside the tracked asset classes: 92 loans that carry codes outside the Chambersburg table. The Chambersburg class rows therefore describe a minority of Chambersburg lending. Limited-service restaurant is the largest tracked Chambersburg class, at 11 loans, then veterinary clinic with 5. By county, Franklin County, PA accounts for 137 loans. The Chambersburg figure may hide differences between these counties.
Looking at FY2017 to FY2024 approvals, Chambersburg cancellations came to at least 12.6%. A ceiling for Chambersburg would sit above 12.6%, but Loan Analytics does not print that Chambersburg figure. Among 55 loans in the FY2017 to FY2021 disbursed Chambersburg cohort, charge-offs to date Chambersburg stand at a floor of 0.00%; the first Chambersburg five years after approval account for 0.00%. Loans keep aging, so these Chambersburg rates are floors and can only climb. Annual approvals peaked in FY2026 at 26 loans and $3.1 million, and the quietest Chambersburg year before FY2026 was FY2020, at 6 loans and $1.6 million. Membership in the Chambersburg, PA metro area follows the project county: Franklin County, PA and the rest. Then federal borders from July 2023 decide which counties qualify, so a loan from an unmatched Chambersburg county appears nowhere.
A study for a Chambersburg project must start from one Chambersburg site and one county, as no single Chambersburg market sits behind the total. With limited-service restaurant first in the Chambersburg class table, expect scrutiny of the delivery platforms' share of sales, plus drive-through and counter throughput and how a brand holds up in Chambersburg. Projects in veterinary clinic here the questions are emergency and referral competition and wage pressure for technicians. Cash flow for a Chambersburg loan has to survive a weak Chambersburg year; the Chambersburg collateral value needs local evidence under it. Across Chambersburg, with smaller tickets the norm in Chambersburg, a larger request will draw questions the Chambersburg study should answer first.
| Loans approved, FY2017 to FY2026 | 137 |
|---|---|
| Gross dollars approved | $49.4 million |
| Median loan | $125,000 |
| Middle half of loans, from | $40,000 |
| Middle half of loans, to | $341,000 |
| SBA 7(a) loans | 130 |
| SBA 504 loans | 7 |
| Franchise share of loans | 12.4% |
| Rank among metro and micro areas by loans | 394 of 928 |
| Median loan against the national median | 0.60x |
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 12.6% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | withheld |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 0.00% |
| Charged off within five years of approval | 0.00% |
| Loans in that cohort | 55 |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
SBA loans approved in the Chambersburg, PA Metro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 17 | $4.2 million |
| FY2018 | 18 | $4.6 million |
| FY2019 | 16 | $4.0 million |
| FY2020 | 6 | $1.6 million |
| FY2021 | 6 | $6.5 million |
| FY2022 | 16 | $12.5 million |
| FY2023 | 8 | $3.4 million |
| FY2024 | 8 | $945,000 |
| FY2025 | 16 | $8.6 million |
| FY2026 | 26 | $3.1 million |
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 92 |
| Limited-service restaurant | 11 |
| Veterinary clinic | 5 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
| Lender | Loans | Dollars |
|---|---|---|
| Manufacturers and Traders Trust Company | 65 | $5.0 million |
| United Midwest Savings Bank National Association | 7 | $4.5 million |
| Orrstown Bank | 7 | $2.3 million |
| Newtek Bank, National Association | 5 | $390,000 |
Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.
| County | Loans |
|---|---|
| Franklin County, PA | 137 |
Counties with 5 or more loans; smaller ones are not listed.
Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.
All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-16540.
A worked example of the feasibility study a lender would read for a gas station project in Pennsylvania, financed with a USDA Business and Industry guaranteed loan.
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Chambersburg, PA Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
Start with the data.
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