What SBA's own loan files show about lending in the Olean, NY Micro Area, every asset class together, and what a feasibility study for a project there has to test.
Between FY2017 and FY2026, SBA approved 159 loans for projects in Olean, with a combined value of $19.6 million in gross dollars. Olean ranks within the full set of areas, on approval count, in place 357 of 928. The core of Olean lending sits between $20,000 and $125,000, around a typical loan of $45,600; which puts the median at 0.22x the national median. Split by program, Olean shows 159 loans in 7(a) and 0 under 504. Besides, the franchise share for Olean is also withheld as well, since too few loans support it, and it is not evidence of zero.
Separately, within the asset classes we list for Olean, full-service restaurant comes first with 14 loans, followed by automotive mechanical repair (10). A further 113 loans in Olean sit outside every class. Every loan in Olean falls in Cattaraugus County, NY, at 159 loans, so a feasibility study around Olean a matter of one county only.
Holders named for Olean are found in SBA's own Olean records of the 159 loans in Olean, whoever holds or held them; these entries place every entry though settle nothing about lender practice. Also, for 7(a) lending in Olean, SBA lists Manufacturers and Traders Trust Company ($5.7 million across 64 loans), ahead of Five Star Bank (NY) at 44 loans and $1.4 million. An applicant in Olean may ask the Olean lender Manufacturers and Traders Trust Company or other Olean holders near Cattaraugus County, NY what evidence it expects, then write the Olean study around that.
Among Olean approvals from FY2017 through FY2024, not below 7.4% were cancelled after approval in Olean, a floor; the true Olean share may be higher. Among disbursed Olean loans approved from FY2017 through FY2021, 7.2% stand charged off by now, a floor. For the record, the five-year charge-off figure for Olean is held back on a small cohort, so it is empty, never zero. Next, in the yearly line, Olean hit its high in FY2017 at 22 loans and $3.0 million, and dipped to its lowest in FY2021 at 8 loans and $949,400.
Around Cattaraugus County, NY, demand comes first: who lives in Cattaraugus County, NY, who visits from nearby, set against Olean overall, and what gap the 14 full-service restaurant loans leave. On cost: $45,600 is the Olean median and $20,000 to $125,000 the middle half, so a Cattaraugus County, NY site should cost itself against that $45,600 marker. Then coverage: Olean repayment absorbs a slow year against the 7.4% cancellation rate and 7.2% floor for charge-off. The Olean appraisal must back the value lent against. Olean applies the July 2023 delineation; an approval whose county entry finds no place is excluded from all areas, Olean included, and the totals retain loans sitting outside any named class.
| Loans approved, FY2017 to FY2026 | 159 |
|---|---|
| Gross dollars approved | $19.6 million |
| Median loan | $45,600 |
| Middle half of loans, from | $20,000 |
| Middle half of loans, to | $125,000 |
| SBA 7(a) loans | 159 |
| SBA 504 loans | 0 |
| Franchise share of loans | withheld |
| Rank among metro and micro areas by loans | 357 of 928 |
| Median loan against the national median | 0.22x |
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 7.4% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | withheld |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 7.2% |
| Charged off within five years of approval | withheld |
| Loans in that cohort | 69 |
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 Olean, NY Micro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 22 | $3.0 million |
| FY2018 | 20 | $1.5 million |
| FY2019 | 11 | $2.1 million |
| FY2020 | 14 | $2.4 million |
| FY2021 | 8 | $949,400 |
| FY2022 | 9 | $1.7 million |
| FY2023 | 21 | $1.7 million |
| FY2024 | 16 | $2.4 million |
| FY2025 | 19 | $2.1 million |
| FY2026 | 19 | $1.9 million |
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 113 |
| Full-service restaurant | 14 |
| Automotive mechanical repair (car and truck) | 10 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
| Lender | Loans | Dollars |
|---|---|---|
| Manufacturers and Traders Trust Company | 64 | $5.7 million |
| Five Star Bank (NY) | 44 | $1.4 million |
| KeyBank National Association | 12 | $3.3 million |
| Community Bank, National Association | 7 | $1.1 million |
| Tompkins Community Bank | 7 | $741,800 |
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 |
|---|---|
| Cattaraugus County, NY | 159 |
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-36460.
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 Olean, 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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