Feasibility Study Data for the Marinette, WI-MI Micro Area

Marinette, WI-MI: volume and loan size, median $243,450

Marinette stands 422 of 928 by loans, drawing 124 SBA approvals over FY2017 to FY2026, $70.0 million gross. In Marinette, $243,450 is the median loan, 1.17x the national median. Half of Marinette loans sit between $94,500 and $577,500, larger tickets than in Marinette the national norm in Marinette. Lenders working Marinette see tickets from $94,500 to $577,500 most often. A Marinette study should place its project inside that $94,500 to $577,500 range in Marinette.

In Marinette, SBA 7(a) carries 117 loans and SBA 504 carries 7. In Marinette, franchise brands account for 7.3% of the loans. In Marinette, leading classes: full-service restaurant with 14, hotel and motel with 8 and gas in Marinette station and truck stop with 6. Another 73 approvals fall in no named class, so Marinette totals 124 loans, more than its classes combined. In Marinette, the counties carrying most volume are Marinette County, WI with 91 and Menominee County, MI with 33. A state line crosses Marinette. Rules differ by side in Marinette. Name the state behind each Marinette input.

Marinette: holders of SBA loans in Marinette, WI-MI

In Marinette, holder lines build on SBA's reporting on loans a holder owns or owned, per the note, which tells volume, not practice. Marinette holders should be read that way in Marinette. Heading the Marinette SBA 7(a) list: The Stephenson National Bank and Trust with 47 loans worth $16.5 million; First National Bank & Trust Co with 13 loans worth $2.6 million; Farmers & Merchants Bank & Trust with 10 loans worth $7.5 million. No holder in Marinette, WI-MI reaches the 504 table threshold. The Marinette 504 side carries no lender names. The first holder in Marinette sets the pace. Even so, a Marinette borrower may take a study elsewhere in Marinette.

The cancellation floor for Marinette is withheld because too in Marinette few loans stand behind it, so Marinette gets no number here in Marinette, and none should be read as zero. The Marinette loss rate, to date, across disbursed loans of FY2017 to FY2021 remains hidden in Marinette, cohort thin; we leave Marinette blank and do not call it zero. Marinette trend: the busiest year is FY2022, at 27 loans. Each loan lands in Marinette by whichever county the project names per the July 2023 delineation, consequently the loan whose county fails to match falls outside every area. The 124 loans in Marinette, WI-MI include those in no named class in Marinette.

Marinette: what a project study must test, per Marinette, WI-MI

Demand leads the Marinette list. Show the draw of the proposed site, not a micropolitan area in Marinette, while holding a slow start for Marinette. Project cost follows in Marinette. The norm of $243,450 is only a guide, so every line item wants a source, with contingency stated openly in Marinette. Debt service coverage is the Marinette hinge. Run the ratio at the proposed amount alongside a weaker revenue case, letting a Marinette lender see the margin. An appraiser values the Marinette property independently, so the study's rent and caps must explain any gap in Marinette. In Marinette, a micropolitan area, the base is thin: 124 loans. A large Marinette project may borrow comparables elsewhere. With Marinette at 1.17x the national median in Marinette, projects run large in Marinette. The study must justify its project for Marinette against $243,450.