Logan: volume, rank and loan size

For Logan, SBA shows $302.0 million on 538 loans, FY2017 to FY2026. By loan count, Logan stands 158 of 928 among all areas. Logan loans center on $258,600, the median. Logan loans in the middle half run $106,775 to $584,750. Logan: 1.24x of the national median. Logan splits into 357 loans under 7(a) and 181 under 504. Franchise brands account for 8.0% of Logan loans. $302.0 million is the Logan dollar total.

Logan: where the loans land

Logan class leaders by loans: dental office (16), self storage (14), and automotive mechanical repair (10). Next in Logan comes limited-service restaurant at 9 loans. The Logan record also holds 409 loans in no tracked class. County placement in Logan is led by Cache County, UT (501) and Franklin County, ID (37).

Logan: SBA holders

Logan holders are not always Logan originators. Among Logan 7(a) holders: Cache Valley Bank with 129 loans ($34.4 million), Mountain America FCU with 21 loans ($3.6 million), and U.S. Bank, National Association with 13 loans ($344,400). Logan lists, for 504, Mountain West Small Business Finance (155 loans, $123.8 million). For a Logan borrower, these rows give background only. No Logan row states a holder's terms.

Logan: what the floors can say

Logan cancellation, FY2017 to FY2024 approvals: 12.0%. It is a floor for Logan. Treating undisbursed Logan loans as cancelled gives 13.7%, the ceiling. Charged off to date in Logan: 4.7%, a floor, across 213 disbursed loans of FY2017 to FY2021. Logan withholds a five-year rate: Logan loans are too few. A lender reading Logan takes both rates as the least. Logan history only grows. Logan loans are placed by county name. For Logan, the July 2023 list governs. Logan omits loans with no county match. Logan totals hold untracked-class loans too.

Logan: the feasibility questions

By year, FY2021 was busiest for Logan, at 71 loans and $55.1 million, and FY2019 quietest, at 33 loans and $14.8 million. FY2017 opened the Logan series with 51 loans ($30.6 million). The latest year, FY2026, shows 51 loans and $31.7 million for Logan. A Logan study weighs local demand against Cache County, UT competitors, not national patterns. The Logan budget is priced against a $258,600 median. Logan sits at 1.24x nationally; site, build and equipment all count. Logan coverage is tested with income below plan. The Logan outcome floors justify that. The Logan appraiser reads local comparables. The Logan study reconciles them to cost. Absorption near Cache County, UT is tested for Logan on a slow case. The Logan study states its limits beside Cache County, UT findings.

SBA loans in the Logan, UT-ID Metro Area

Loans approved, FY2017 to FY2026	538
Gross dollars approved	$302.0 million
Median loan	$258,600
Middle half of loans, from	$106,775
Middle half of loans, to	$584,750
SBA 7(a) loans	357
SBA 504 loans	181
Franchise share of loans	8.0%
Rank among metro and micro areas by loans	158 of 928
Median loan against the national median	1.24x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	12.0%
The same, counting loans still undisbursed as cancelled (a ceiling)	13.7%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	4.7%
Charged off within five years of approval	withheld
Loans in that cohort	213

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA loans approved in the Logan, UT-ID Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	51	$30.6 million
FY2018	45	$17.1 million
FY2019	33	$14.8 million
FY2020	41	$20.2 million
FY2021	71	$55.1 million
FY2022	66	$35.6 million
FY2023	52	$29.7 million
FY2024	58	$26.5 million
FY2025	70	$40.7 million
FY2026	51	$31.7 million

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	409
Dental office	16
Self storage	14
Automotive mechanical repair (car and truck)	10
Limited-service restaurant	9
Hotel and motel	8
Fitness center	8
Full-service restaurant	8
Rehabilitation and therapy clinic	7
Coffee shop and snack bar	7
Car wash	6
Child care center	6
Beverage manufacturing (breweries, wineries, distilleries)	5
Grocery store	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Most active SBA lenders

SBA 504: lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Mountain West Small Business Finance	155	$123.8 million

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Cache Valley Bank	129	$34.4 million
Zions Bancorporation, National Association	63	$14.4 million
Mountain America FCU	21	$3.6 million
U.S. Bank, National Association	13	$344,400
Live Oak Banking Company	12	$17.6 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Cache County, UT	501
Franklin County, ID	37

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-30860.

Related feasibility study pages

Worked examples

Worked Example: SBA 7(a) Assisted Living Feasibility Study in Utah

A worked example of the feasibility study a lender would read for an assisted living project in Utah, financed with an SBA 7(a) loan.

State: Utah · Asset: Assisted living · Program: SBA 7(a)

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Logan, UT-ID Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Feasibility Study Data for the Logan, UT-ID Metro Area