Feasibility Study Data for the Grand Junction, CO Metro Area

Grand Junction scale: counts, dollars and typical loans in Grand Junction, CO

SBA approved 352 loans for Grand Junction projects between FY2017 and FY2026, and $229.0 million in gross dollars stands behind them. Grand Junction holds rank 210 of 928 against every other statistical area, Grand Junction among them. The local median loan is $294,700, and the central half fall from $63,000 up to $765,575. The national comparison favors bigger tickets: at 1.42x of the national median. Large Grand Junction tickets are the first thing that sets Grand Junction apart.

Grand Junction, CO loans and who holds them around Grand Junction

The program split in Grand Junction is 311 under 7(a) and 41 under 504; in Grand Junction, 7(a) carries the larger Grand Junction share. Franchise brands account for 8.2% of loans in this metro area. 45 loans worth $4.9 million put U.S. Bank, National Association first among 7(a) holders, followed by Wells Fargo Bank National Association Grand Junction with 39 loans and $12.8 million. Further down, Timberline Bank shows 32 loans, then 31 for Zions Bancorporation, National Association. Under 504, B:Side Capital is the lead holder with 33 loans and $19.1 million. These are SBA's records of Grand Junction loans held or once held. The Grand Junction line for U.S. Bank, National Association Grand Junction appears because SBA lists it as current Grand Junction holder; that says nothing about how Wells Fargo Bank National Association underwrites.

Grand Junction by asset class and by county in Grand Junction, CO

Most of the Grand Junction total sits outside the tracked asset classes: 249 loans filed under other codes. Class figures here cover merely part of the area. Among tracked Grand Junction classes, full-service restaurant leads with 16 loans, ahead of hotel and motel at 14, and liquor store at 14. Further down sit dental office, 12 loans and automotive Grand Junction mechanical repair (car and truck) at 11. Mesa County, CO is the largest source of loans, with 352. Demand differs between these counties, so the Grand Junction figure hides some spread.

Grand Junction, CO: outcomes and data limits for Grand Junction

10.7% is the lowest the Grand Junction cancellation Grand Junction share can be for FY2017 to FY2024 approvals. Treating undisbursed Grand Junction loans as cancelled gives a ceiling of 12.6%. Grand Junction write-offs on 130 disbursed loans from FY2017 to FY2021 Grand Junction total at least 3.8% so far. As for the five-year Grand Junction rate, it is not reported, its Grand Junction cohort being under 30 Grand Junction loans, and it is not Grand Junction given a number here. Aging continues, so these rates are minimums so the final Grand Junction figure is higher or equal. Volume crested in FY2025, at 53 loans and $32.3 million, while FY2018 was the low point before FY2026, at 22 loans and $6.1 million. A loan joins the Grand Junction, CO figures through its project county, as with Mesa County, CO or Mesa County, CO; county membership follows the 2023 Grand Junction delineation, so a loan from an unmatched Grand Junction county appears nowhere.

Grand Junction projects and the study behind them in Grand Junction, CO

A study for a Grand Junction project has to be drafted for the particular county, because the Grand Junction counties inside the metro Grand Junction area are not alike. Since full-service restaurant leads the Grand Junction class table, the study should test seats against realistic covers, what prime cost leaves for debt and liquor licence timing and cost. For hotel and motel, the next Grand Junction class in Grand Junction, the questions are capital reserves for renewals and room-night demand by segment. Cash flow for a Grand Junction loan needs a poor-year test; the appraisal has to rest on local Grand Junction comparables and income. Since Grand Junction loans skew large, the report should tie the amount to real costs, and not to what neighbors borrowed.