Feasibility Study Data for the Hailey, ID Micro Area

Volume and loan size in Hailey

160 loans within Hailey, ID from FY2017 and FY2026 carry $72.5 million in gross dollars. For context, Hailey places 356 of 928 among all CBSAs by loans. For context, $171,000 marks the central loan; the inner half extends from $50,000 to $403,000. Worth noting: the median here is 0.82x measured against the nation's median, so tickets run under the country's norm. Then, Hailey reads only its home counties, not a statewide average: 160 loans overall.

Lenders and programs in Hailey

131 SBA 7(a) loans stand against 29 loans under 504. 3.1% of all approvals involve franchised units here. Next, for 7(a) approvals, the largest lenders by approvals come out as D. L. Evans Bank at 52 loans totalling $5.8 million, U.S. Bank, National Association at 23 loans for $5.0 million, plus Zions Bancorporation, National Association with 16 loans for $5.9 million. Worth noting: within 504, the top certified development companies by count stand as Region IV Development Corporation booking 15 loans worth $8.4 million then Capital Matrix, Inc. at 9 loans totalling $3.2 million. All the names follow SBA data for 160 approvals; they list loans made only, and not what lenders apply across Hailey.

Where the loans sit in Hailey

Full-service restaurant with 9 and automotive mechanical repair at 6 head the class list by approvals. 131 loans sit apart from the named classes, so the Hailey total reaches beyond the class list. Next, Blaine County holds every one of 152 approvals, which makes area and county match. Year by year, FY2017 opens at 17 loans and $4.9 million; FY2024 is the busiest year at 21 loans and $6.3 million, then FY2026, a year that has not closed, rounds out the sequence at 16 loans and $4.7 million.

The outcome floors in Hailey

11.2% of FY2017 to FY2024 loans in Hailey were cancelled before disbursement, a floor. Here, the matching ceiling for Hailey stays withheld, so only the floor stands. 0.00% of FY2017 to FY2021 loans disbursed in Hailey were charged off, a floor; 0.00% were charged off within five years from approval, across a cohort of 61 disbursed loans. In practice, read every rate in this section like a minimum, because approvals made recently received little runway to cancel or default, across 160 loans. Then, each area here rests on the area holding every loan's project county, on the July 2023 definitions as adopted; each county are tied on name, while any loan whose project county does not map is missing from any area without exception. Named class or not, each 7(a) and 504 approval across Hailey is added towards its $72.5 million total.

The feasibility questions for Hailey

In Hailey, any serious study of a project begins with the subject property, not from the 160-loan file. For context, local demand in Hailey is tested first: can Hailey's local customer base carry the volume needed, set against rivals around Blaine County? Also, the local median is 0.82x compared with the country's median, so many deals are modest; a project that outsizes them must show that its debt is serviceable. Beyond that, the debt service test binds income to payments in Hailey: projected net operating income tested against the annual debt service, with a weak-sales case. Next, finally, the appraisal finishes the job for Hailey: the as-built value must carry the loan asked for. Any borrower holding a separate report for Hailey, when first approaching any lender, has met those floors first; credit is decided by the lender and the SBA guarantee office in Hailey, which a study informs but never decides.