Feasibility Study Data for the Gulfport-Biloxi, MS Metro Area

Gulfport-Biloxi: volume, rank and loan size

Gulfport-Biloxi drew 385 SBA approvals across FY2017 to FY2026, worth $238.4 million gross. By loan count, Gulfport-Biloxi stands 198 of 928 among all areas. Half the Gulfport-Biloxi loans are $257,000 or smaller. Gulfport-Biloxi sees its middle half between $72,000 and $700,000. Set beside the nation, Gulfport-Biloxi stands at 1.24x. By program, Gulfport-Biloxi has 368 7(a) loans and 17 504 loans. Franchise brands account for 21.3% of Gulfport-Biloxi loans. Gulfport-Biloxi dollars add to $238.4 million.

Gulfport-Biloxi: asset mix and geography

Class by class, Gulfport-Biloxi shows hotel and motel (30), full-service restaurant (26), and limited-service restaurant (19) on top. Fourth in Gulfport-Biloxi is coffee shop and snack bar, with 10 loans. 241 Gulfport-Biloxi loans sit in no tracked class. Most Gulfport-Biloxi credit is general business lending. The counties carrying most Gulfport-Biloxi loans: Harrison County, MS (214), Jackson County, MS (132), and Hancock County, MS (32). Stone County, MS is the smallest listed Gulfport-Biloxi county, with 7 loans, so the area is uneven.

Gulfport-Biloxi: who holds the loans

A Gulfport-Biloxi lender row names today's holder; the Gulfport-Biloxi originator may be another. Gulfport-Biloxi holders under 7(a) include Community Bank of Mississippi with 46 loans ($9.1 million) and The Huntington National Bank with 35 loans ($14.7 million). Gulfport-Biloxi holders under 504 include 6 loans at Three Rivers Local Development Company, Inc. ($14.3 million) and 6 loans at Central Mississippi Development Company, Inc. ($3.8 million). Gulfport-Biloxi rows serve a borrower as background. No Gulfport-Biloxi row states a holder's terms.

Gulfport-Biloxi: cancellations and charge-offs

Of Gulfport-Biloxi approvals from FY2017 to FY2024, 8.6% were cancelled, a floor. The Gulfport-Biloxi ceiling is 10.6%, counting undisbursed loans as cancelled. No Gulfport-Biloxi charge-off rate prints. The Gulfport-Biloxi cohort is below the minimum. Read Gulfport-Biloxi as neither zero nor clean. Treat Gulfport-Biloxi rates as floors. Later events lift them, Gulfport-Biloxi included. County names place the Gulfport-Biloxi loans. The July 2023 delineation defines Gulfport-Biloxi. If a county fails to match, Gulfport-Biloxi omits it. The Gulfport-Biloxi total includes loans outside the classes.

Gulfport-Biloxi: testing a project

Gulfport-Biloxi approvals were thinnest in FY2022 (17 loans, $10.3 million) and heaviest in FY2024 (62 loans, $32.5 million). The first year, FY2017, shows 42 loans and $17.1 million for Gulfport-Biloxi. FY2026 closes the Gulfport-Biloxi series at 39 loans, $27.1 million. For a project near Harrison County, MS, the Gulfport-Biloxi study opens with demand: payers, frequency, price. Gulfport-Biloxi costs sit beside a $257,000 median. Gulfport-Biloxi stands at 1.24x nationally. Debt service in Gulfport-Biloxi is tested downside first. Gulfport-Biloxi lenders read the floors above. Gulfport-Biloxi appraisal evidence comes from area sales. Gulfport-Biloxi income evidence sits beside it. Sponsor equity and reserves in Gulfport-Biloxi are shown beside Harrison County, MS costs. The Gulfport-Biloxi study states its limits beside Harrison County, MS findings.