Feasibility Study Data for the Deltona-Daytona Beach-Ormond Beach, FL Metro Area

Where losses outrun cancellations

Deltona-Daytona Beach-Ormond Beach is a mid-sized record, 1,096 loans and $698.2 million across FY2017 to FY2026, ranking 91 of 928. Its cancellation floors are modest, 8.4% after approval and 10.1% when undisbursed loans are counted, yet its charge-off floors are not: 7.6% to date and 4.3% within five years, across 419 funded loans. For a lender that pattern points to loans that fund and then run into trouble more than to loans that fall away early.

Full-service restaurant heads the named classes with 58 loans and limited-service restaurant has 51, but the fourth place is assisted living at 28 loans, ahead of automotive mechanical repair at 20 and child care center at 19. Hotel and motel has 29. A further 735 loans fall in no tracked class. Volusia County, FL holds 951 loans and Flagler County, FL 145. Median borrowing is $300,000, 1.44x the national figure, and loans in the middle band from $100,000 to $746,250; franchise brands make up 12.9%.

Holders and programmes

There are 916 loans under 7(a) and 180 under 504. The 504 side is held by two institutions only: Florida First Capital Finance Corporation, Inc. with 106 loans and $98.2 million, and Florida Business Development Corporation with 68 and $56.7 million. SBA gives TD Bank, National Association 126 of the 7(a) loans but only $12.0 million, Wells Fargo Bank National Association for 57, Newtek Bank, National Association for 47, BayFirst National Bank for 42, and Truist Bank for 39 loans worth $34.6 million. These holder records locate loans and do not describe any institution's approach.

Lending dipped to 69 loans in FY2020 and recovered to 156 in FY2024 and 154 in FY2025, when dollars reached $98.6 million. Because the funded cohort for charge-off measurement is only 419 loans, the percentages above could move noticeably as more loans season.

Testing a project in this metro

A feasibility study should test whether resident and visitor demand supports the proposed use in the specific county, especially for care uses, where assisted living already has a local record. It must model debt service coverage with the charge-off floors above, and set cost against loan sizes well above the national median, with an appraisal that stands behind the value. County assignments follow the 2023 delineation, and an unplaced loan is omitted. We write for both lenders and borrowers and make no promise about approval.