Feasibility Study Data for the Ogden, UT Metro Area

What the record shows for Ogden

1,796 approvals within Ogden, UT between FY2017 and FY2026 carry $1.04 billion gross. In turn, Ogden ranks 60 of 928 within the complete list of metro and micro areas by loan count. In practice, $280,850 is the midpoint; the inner half extends from $100,000 to $667,000. In turn, the local median is 1.35x in proportion to the nation's median, meaning loans tend to run more than the usual national size. Then, Ogden counts only its home counties, not a state's mix of markets: 1,796 loans in all.

Program split and lender roster for Ogden

1,388 SBA 7(a) loans stand against 408 approvals under 504. 12.9% of the loans on file belong to franchised units here. Across 7(a), the busiest lenders by approvals rank as Zions Bancorporation, National Association at 205 loans for $45.5 million, America First Federal Credit Union booking 106 loans and $64.1 million; and Mountain America FCU with 105 loans totalling $36.0 million. Then, under 504 lending, the leading program intermediaries by count are Mountain West Small Business Finance at 229 loans worth $224.9 million followed by Intermountain Business Lending, Inc. at 165 loans for $137.3 million. The names here follow SBA's own records for 1,796 approvals; they record past loans and nothing further, not the standards that lenders require near Ogden.

Counties, classes and yearly volume in Ogden

46 in limited-service restaurant, 41 for fitness center, 39 for full-service restaurant; and 38 in dental office head the class list by approvals. In addition, 1,343 approvals lie beyond all named classes, so the 1,796-loan file reaches beyond the class list. Separately, 5 loans in grocery store within Ogden form too thin a base to read as a pattern. Separately, among the counties, Davis County (1,070), Weber County (700), plus Morgan County (26) take the largest shares. Also, across the years, FY2017 leads off at 195 loans and $91.2 million; FY2025 is the peak at 255 loans and $136.6 million, and FY2026, a year yet to finish, closes the record at 177 loans and $120.2 million.

The outcome floors in Ogden

9.4% among FY2017 to FY2024 loans in Ogden were cancelled before they funded, which is a floor; 10.1% is the ceiling counting undisbursed loans. Next, 3.2% among FY2017 to FY2021 loans disbursed in Ogden were charged off, a floor; 1.4% were charged off by the fifth year from approval, out of 761 disbursed loans. In addition, read each percentage on this page like a lower bound, since loans approved in the latest years received scant time to be cancelled or charged off, across 1,796 loans. Each area in the file is the core-based area of any loan's county of the project, from the July 2023 boundaries as issued; project counties are tied on name, but a loan with a county cannot be placed is absent from all areas, with no exception. In addition, class or no class, any approval in either program in Ogden is tallied toward its $1.04 billion total.

Testing a project in Ogden

For Ogden, any serious study of a building should open with the actual proposal, not the average of the 1,796-loan file. In addition, demand in Ogden is the opening test: can Ogden's local customer base carry the revenue assumed, set against rivals in areas such as Davis County? In turn, the local median runs 1.35x compared with the country's median, so costs here may be elevated for some trades; the cost work prices the scope against bids from nearby trades. Separately, the coverage test binds demand to cost for Ogden: projected operating income tested against the payments due, with a stress case. Next, the valuation caps the work in Ogden: market value on completion must support the sum asked for. Beyond that, a sponsor who brings an arm's-length written study for Ogden, prior to approaching a bank, has met those floors in advance; approval stays with SBA and the lender for Ogden, and a study only informs it.