Feasibility Study Data for the Jackson, MS Metro Area

Jackson, MS in the national count, 1,025 loans

SBA files rank Jackson 95 of 928 by loans: 1,025 approvals in FY2017 to FY2026, $452.5 million gross. Median loan: $150,000 in Jackson, 0.72x the national median. That makes Jackson a smaller-ticket market. In Jackson, the middle half of in Jackson loans runs from $62,600 to $424,000. Because $62,600 and $424,000 frame the middle half, a Jackson borrower should weigh any Jackson request against $150,000.

Program mix in Jackson: 1,016 under SBA 7(a) in Jackson and 9 under SBA 504 in Jackson. As SBA flags them, 12.9% of Jackson loans are franchise loans. Asset by asset, Jackson shows full-service restaurant with 49, hotel and motel with 38 and limited-service restaurant with 25. A further 747 Jackson loans sit in no named class in Jackson. The class lines for Jackson therefore never sum to 1,025. County by county, Jackson reads Hinds County, MS with 267, Rankin County, MS with 265 and Madison County, MS with 247 in Jackson.

Jackson, MS lender names, as SBA lists them in Jackson

In Jackson, this section reflects agency records of loans a lender carries or carried, as current holder, which tells volume, not practice. Jackson holders should be read that way. The Jackson SBA 7(a) table opens with Peoples Bank (MS) with 193 loans worth $62.7 million; Trustmark Bank with 161 loans worth $20.2 million; Community Bank of Mississippi with 152 loans worth $48.4 million. No holder in Jackson, MS reaches the 504 table threshold. The Jackson 504 side carries no lender names. In Jackson, concentration among top holders says little. A Jackson study should stand on evidence alone in Jackson.

Of Jackson approvals from FY2017 to FY2024, at least 10.2% were cancelled after approval. Another Jackson ceiling, counting loans lacking in Jackson a disbursement as cancelled is held back, with none for Jackson. For the Jackson disbursed cohort of 472 loans, FY2017 to FY2021, the floor is 4.4%. 3.4% were charged off inside five years. Jackson's busiest printed year was FY2017, with 129 loans. Files place a loan in Jackson using each project's county name, matched to the July 2023 delineation, hence the loan whose county fails to match stays out of every area. The 1,025 loans in Jackson, MS include those in no named class in Jackson.

Jackson, MS: questions a study has to answer for Jackson

First, prove demand in Jackson. Test the pull of the exact address in Jackson, not the metropolitan area in Jackson, while holding a slow start for Jackson. Next, price the Jackson project. Borrowers see a $150,000 median, yet rebuild the budget from quotes, with contingency stated openly in Jackson. Jackson debt service coverage ties it together. Report coverage on the proposed loan then in a stress case, to find the Jackson breakeven revenue. The Jackson appraisal is the final gate: so every income assumption needs sources that survive review in Jackson. In Jackson, 1,025 loans spread over many neighbourhoods, and a Jackson study must say which it targets. At 0.72x of the national median in Jackson, a very large Jackson project may look unusual in Jackson. The study should explain its scale for Jackson against $150,000.