Feasibility Study Data for the Lewiston-Auburn, ME Metro Area

Lewiston-Auburn, ME: loan volume and median size around Lewiston-Auburn

210 SBA approvals landed here for Lewiston-Auburn projects from FY2017 through FY2026, for $71.2 million gross. By loan count, Lewiston-Auburn ranks 306 of 928 against every other statistical area, Lewiston-Auburn among them. The local median loan is $100,000, and the central half fall from $30,000 up to $330,750. The national comparison is plain: at 0.48x of the national median. Lewiston-Auburn borrowers therefore take less than borrowers nationwide.

Lewiston-Auburn: which programs and lenders serve Lewiston-Auburn, ME

The metro area shows 178 loans under 7(a), against 32 under 504, so real estate-secured 504 Lewiston-Auburn lending plays the smaller part. Loans tied to franchise systems make up 6.7%. TD Bank, National Association tops the 7(a) Lewiston-Auburn table at 47 loans and $6.4 million; next is Bangor Savings Bank, 24 loans for $2.1 million. Third on the list is Maine Community Bank, 23 loans, then 22 for Androscoggin Savings Bank. No 504 holder in Lewiston-Auburn reaches the five-loan Lewiston-Auburn line needed to be named. Read the Lewiston-Auburn lender rows as SBA records of holdings. TD Bank, National Association appears for the Lewiston-Auburn loans SBA assigns to it; no line describes how Bangor Savings Bank treats borrowers.

Lewiston-Auburn, ME: classes and counties inside Lewiston-Auburn

The larger share of the Lewiston-Auburn record falls outside the class table: 156 loans that carry codes outside the Lewiston-Auburn table. The Lewiston-Auburn class rows therefore describe a minority of Lewiston-Auburn lending. Among tracked classes, coffee shop and snack bar leads with 9 loans, ahead of hotel and motel at 8 and automotive Lewiston-Auburn mechanical repair (car and truck) with 8. Further down sit full-service restaurant, 6 loans. By county, Androscoggin County, ME accounts for 210 loans. The Lewiston-Auburn figure may hide differences between counties.

Lewiston-Auburn, ME: outcomes and data limits for Lewiston-Auburn

10.4% is the lowest the Lewiston-Auburn cancellation Lewiston-Auburn proportion can be for FY2017 to FY2024 approvals. A ceiling for Lewiston-Auburn would sit above 10.4%, but Loan Analytics does not print that figure and does not estimate it. Among 69 loans in the FY2017 to FY2021 disbursed Lewiston-Auburn cohort, charge-offs to date sit at a minimum of 0.00%. Within five years of approval, 0.00% were charged off. Loans keep aging, making these floors where a later Lewiston-Auburn reading can add but never remove. FY2023 was the high point: 34 loans worth $15.5 million. Before FY2026 the lowest year came in FY2020, at 13 loans and $3.2 million. Lewiston-Auburn is built from project counties such as Androscoggin County, ME. Then counties are allocated under the July 2023 Lewiston-Auburn delineation, with Lewiston-Auburn counties matched by name.

Lewiston-Auburn, ME: the tests a Lewiston-Auburn study must pass

Any Lewiston-Auburn feasibility study should start from the project's own Lewiston-Auburn county, as no single Lewiston-Auburn market sits behind the total. Since coffee shop and snack bar leads the Lewiston-Auburn class table, it has to examine competing cafes and chains and morning and midday foot traffic, then drive-through potential. For hotel and motel, the next Lewiston-Auburn class in Lewiston-Auburn, turn on what competing Lewiston-Auburn rooms charge, with room-night demand by segment close behind. Debt service coverage in Lewiston-Auburn should be run against a downturn; the Lewiston-Auburn collateral value needs local evidence under it. Because Lewiston-Auburn loans skew small, a larger application must be defended with project facts.