Feasibility Study Data for the Lebanon-Claremont, NH-VT Micro Area

Lebanon-Claremont, NH-VT: reading the area whole

Lebanon-Claremont, NH-VT logged 630 SBA approvals in FY2017 to FY2026, worth $191.8 million in gross dollars. Lebanon is set apart on losses too (Lebanon-Claremont, NH-VT); its floor, from 630 loans, is withheld in Lebanon; a withheld floor is not zero. Lebanon ranks as an upper-tier area, 145 of 928 by loan count. Lebanon is read whole in Lebanon-Claremont, NH-VT, every class counted. Both sides of the NH and VT boundary count.

Lebanon: half of loans run $50,000 to $308,250, around a median of $133,500. Lebanon sits well below the national level: its 0.64x ratio to the national median means Lebanon requests sized nationally may look large. In Lebanon-Claremont, NH-VT the 7(a) count is 499 and the 504 count is 131, which puts 7(a) ahead in Lebanon. Lebanon franchised businesses took 3.8% of loans, so a branded concept in Lebanon needs a brand-cost check in Lebanon.

Who lends in Lebanon, and for what

Lebanon class counts run full-service restaurant at 56, gas station and truck stop at 20, hotel and motel at 20, automotive mechanical repair at 18. The 431 loans in no tracked class keep Lebanon totals from reading as pure property; much Lebanon borrowing funds operating businesses. Lebanon counts by county run 353 loans in Grafton County, NH, 106 loans in Windsor County, VT, and 95 loans in Orange County, VT; a Lebanon study should say which it covers. Bar Harbor Bank & Trust ($15.1 million, 115 loans); Meredith Village Savings Bank ($4.5 million, 36 loans); TD Bank, National Association ($1.5 million, 36 loans) lead 7(a) lending in Lebanon. Lebanon 504 leaders: Granite State Economic Development Corporation ($42.2 million, 109 loans); Bay Colony Development Corporation ($10.1 million, 9 loans), in that order. Bar Harbor Bank & Trust, with 115 loans, tops the Lebanon rows, each an SBA record of Lebanon loans held or once held; none judges Lebanon lenders.

The Lebanon series opens at 46 loans in FY2017 and closes at 68, higher than the start; its high is 76 loans ($28.4 million) in FY2025, its low 46 in FY2017. Of Lebanon approvals in FY2017 to FY2024, Lebanon saw at least 11.5% cancelled, and at most 13.4% if Lebanon loans still undisbursed count as cancelled in Lebanon. Lebanon prints no charge-off floor: of 630 loans, the cohort is too thin. Lebanon withholds it; withheld is not zero. Lebanon-Claremont, NH-VT membership follows the July 2023 delineation; Lebanon counties are matched by name, and a Lebanon loan with no match is dropped, so 630 is a floor, and every Lebanon rate is too.

Lebanon: what a study has to test

For Lebanon, a study tests Lebanon demand within a defined trade area, since Grafton County, NH dominates Lebanon loan counts. If a Lebanon concept resembles full-service restaurant, Lebanon offers size and lender precedent; other Lebanon concepts must rest on their own Lebanon evidence. Lebanon costs belong on local bids; test Lebanon debt service coverage for a loan near $133,500, and again near $308,250. Lebanon-Claremont, NH-VT spans NH and VT; Lebanon costs, taxes and incentives may differ by side, and the appraisal should compare like with like across Lebanon-Claremont, NH-VT. In Lebanon, with sales scarce, the appraisal should say which Lebanon sales it used, and why it used no others. Nothing printed for Lebanon predicts approval; each Lebanon lender still reviews a study.