Feasibility Study Data for the Greenfield, MA Micro Area

Small loans, a high cancellation floor, and two values withheld

Greenfield, MA is Franklin County alone, a micropolitan area with 142 loans and $40.9 million from FY2017 to FY2026, 387th of 928 by loan count. Loans are very small, with a $99,250 median that is 0.48x the national figure and a middle band from $50,000 to $228,750. Cancellation touched 14.0% or more of approvals through FY2024. For Greenfield, SBA keeps back the franchise share, the cancellation ceiling and the charge-off rate, as thin groups could expose individual loans; this page prints nothing in their place and never writes zero.

By programme there are 109 loans under 7(a) and 33 under 504, and Granite State Economic Development Corporation, the only 504 holder named, has 27 of them, worth $10.7 million. For 7(a), Greenfield Co-Operative Bank holds 29 loans worth $1.7 million, Manufacturers and Traders Trust Company 16 worth $918,000, TD Bank, National Association 13 worth $2.0 million and Greenfield Savings Bank 11 worth $1.3 million. SBA's entries here say who holds loans, not what any bank would do. Greenfield Co-Operative Bank leads by count while its average loan is small, whereas the 504 holder's 27 loans carry far more dollars, which shows how differently the two programmes size a request. Franklin County holds all 142 loans. Because the franchise share is withheld, a study cannot assume brand support or its absence, and should describe the operator's own track record instead.

Few classes to go on

Automotive mechanical repair and full-service restaurant each show 7 loans, and 98 loans belong to none of the tracked classes. With so little class detail, no local pattern exists to lean on, and demand has to be proved site by site.

Approvals ranged from 9 loans in FY2024 to 21 in both FY2018 and FY2025, and the highest dollar year was FY2026 at $7.9 million on 14 loans.

What a Franklin County study should cover

Cost should stay in line with very small loans, local demand for the use should be tested, and the cancellation floor deserves a showing that the loan can close. With no loss rate published, coverage should be run on a conservative case, and the appraisal should hold the value. Franklin County enters via the 2023 delineation. The page is neutral and gives no assurance of approval.