What SBA's own loan files show about lending in the Monticello, NY Micro Area, every asset class together, and what a feasibility study for a project there has to test.
Monticello is a micropolitan area, Sullivan County in the data. Grocery store is the lead class, at 16 loans, with full-service restaurant trailing at 9 and hotel and motel at 5; 129 loans sit outside the classes. SBA approved 192 loans across FY2017 to FY2026, $107.7 million gross, rank 318 of 928; 183 are 7(a) and 9 are 504. Monticello loans center on $182,500. Monticello sits at 0.88x of the national figure. Monticello: half of loans span $75,000 to $500,000. Brands hold just 4.2% of the count.
Monticello's cancellation floor is 5.0%. Loan Analytics prints no Monticello charge-off rate, since its cohort holds under 30 loans. A cancellation floor of 5.0% means approvals mostly proceed to disbursement, which is no guarantee for a new project, and the 5.0% is a minimum.
Count was 13 loans and $8.5 million in FY2017, 6 loans and $5.9 million in FY2020, a peak of 32 loans and $9.2 million in FY2024 and 21 loans and $10.5 million in FY2026. Under 7(a), TD Bank, National Association holds 47 loans and $4.3 million, Manufacturers and Traders Trust Company (24 loans, $5.4 million) and FinWise Bank (19 loans, $16.2 million). Monticello's 504 column is empty on this page. Monticello lists rest on SBA's holder records. Monticello names hold or held these loans. Monticello counts are volume, and Monticello counts promise no lender requirement.
Monticello cancellations after approval reached at least 5.0%. Monticello approvals span FY2017 to FY2024. Monticello reaches 5.0% when undisbursed loans count. Monticello gives no charge-off figure. Fewer than 30 Monticello loans back one, so Loan Analytics will not print it; that is not a zero. Every Monticello rate here is a floor, as open Monticello loans may move it. Monticello places projects by county name. Monticello loses loans lacking a placeable county. Monticello's members follow the July 2023 delineation. Monticello counts all approvals, named or not. Monticello grocery work calls for ticket size, competing stores nearby and how quickly stock turns; hotel work calls for seasonal occupancy and rate. Loan Analytics prepares Monticello studies. Daniel Smith, MAI, signs each Monticello study.
| Loans approved, FY2017 to FY2026 | 192 |
|---|---|
| Gross dollars approved | $107.7 million |
| Median loan | $182,500 |
| Middle half of loans, from | $75,000 |
| Middle half of loans, to | $500,000 |
| SBA 7(a) loans | 183 |
| SBA 504 loans | 9 |
| Franchise share of loans | 4.2% |
| Rank among metro and micro areas by loans | 318 of 928 |
| Median loan against the national median | 0.88x |
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 5.0% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 5.0% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | withheld |
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 Monticello, NY Micro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 13 | $8.5 million |
| FY2018 | 22 | $7.3 million |
| FY2019 | 16 | $6.7 million |
| FY2020 | 6 | $5.9 million |
| FY2021 | 10 | $4.5 million |
| FY2022 | 12 | $10.1 million |
| FY2023 | 29 | $22.2 million |
| FY2024 | 32 | $9.2 million |
| FY2025 | 31 | $22.7 million |
| FY2026 | 21 | $10.5 million |
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 129 |
| Grocery store | 16 |
| Full-service restaurant | 9 |
| Hotel and motel | 5 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
| Lender | Loans | Dollars |
|---|---|---|
| TD Bank, National Association | 47 | $4.3 million |
| Manufacturers and Traders Trust Company | 24 | $5.4 million |
| FinWise Bank | 19 | $16.2 million |
| Live Oak Banking Company | 8 | $15.8 million |
| JPMorgan Chase Bank, National Association | 7 | $725,000 |
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.
| County | Loans |
|---|---|
| Sullivan County, NY | 192 |
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-33910.
A worked example of the feasibility study a lender would read for a short-term rental project in New York, financed with a conventional bank loan.
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Monticello, NY Micro 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.
Start with the data.
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