Feasibility Study Data for the Edwards, CO Micro Area

The scale of lending in Edwards

198 loans inside Edwards, CO over FY2017 through FY2026 come to $131.1 million gross. In addition, Edwards stands at 316 of 928 against the full set of core-based areas on approvals. In addition, $350,000 sets the central loan; the inner half falls between $150,000 and $750,000. Here, the median here is 1.68x against the median across the country, so the typical loan sits above what the country sees. For context, Edwards looks only at the counties in its area, never a mix of unrelated markets: 198 loans overall.

Programs, franchises and lenders in Edwards

154 loans in 7(a) compare with 44 loans in 504. Here, no franchise share is printed for Edwards; Loan Analytics withholds it. For 7(a) lending, the top lending names on loan count appear as U.S. Bank, National Association at 30 loans for $5.7 million, Wells Fargo Bank National Association holding 24 loans worth $15.8 million; and The Huntington National Bank booking 8 loans and $2.1 million. No 504 lender in Edwards has enough loans to be named. In turn, lender names come from SBA's own records on 198 approvals; they show holdings only, never what lenders want near Edwards.

Asset classes and counties in Edwards

7 for limited-service restaurant, beverage manufacturing at 6, 5 in full-service restaurant, followed by liquor store with 5 rank first by class by approvals. Also, 143 loans lie outside every named class, so the Edwards total reaches beyond the class list. Eagle County holds all of 198 loans, which makes area and county match. Over the approval years, FY2017 opens at 26 loans and $16.6 million; FY2025 is the high point at 31 loans and $16.2 million, while FY2026 closes the count at 23 loans and $16.6 million.

The outcome floors in Edwards

9.7% among FY2017 through FY2024 approvals in Edwards were cancelled before funding, a floor. The ceiling count here stays withheld, so only the floor is printed. Here, no charge-off rate is shown for Edwards, CO; the cohort of disbursed loans holds too few loans, and a gap never means zero. In addition, take each share printed here as a minimum, since loans approved recently got scant opportunity to cancel or default, across 198 loans. Membership in the file follows the area holding a loan's county of the project, according to July 2023 boundaries; counties are paired by name alone; any loan with a county that cannot be paired never counts in any area. Worth noting: class or no class, every loan under either program in the area counts towards its $131.1 million total.

Testing a project in Edwards

Throughout Edwards, a full study of a project opens with the project itself, instead of the 198-loan file. For context, local demand in Edwards comes first: can Edwards's surrounding market carry the sales in the plan, against competitors in places such as Eagle County? Also, the local median runs 1.68x against the national median, so the cost section prices the scope against bids from local contractors. Debt service coverage binds sales to outlay for Edwards: forecast income tested against the annual debt service, plus a weak-sales case. Worth noting: the valuation caps the work in Edwards: market value on completion must support the loan requested. In practice, a client armed with a third-party feasibility study of Edwards, before approaching a lender, addresses those floors early; approval rests with the lender and SBA alone for Edwards, and no study promises it.