Feasibility Study Data for the Plymouth, IN Micro Area

Plymouth among micropolitan areas, ranked by 139 loans

Among metro and micro areas, Plymouth ranks 391 of 928 by loans, with 139 approvals over FY2017 to FY2026 and $66.1 million gross. Smaller tickets mark Plymouth. The Plymouth median of $150,000 is 0.72x the national figure; in Plymouth, half of loans span $69,500 to $500,000. The gap between $69,500 and $500,000 in Plymouth shows how varied borrowers are. Plymouth offers no typical loan in Plymouth.

By program, Plymouth holds 112 SBA 7(a) loans beside 27 SBA 504 loans. Franchised businesses in Plymouth make up 22.3% of loans. In Plymouth, IN, classes rank automotive mechanical repair with 6, hotel and motel with 5 and coffee shop and snack bar with 5. 106 Plymouth loans belong to no tracked class. The 139 total counts them. The Plymouth project county is Marshall County, IN alone, at 139 loans in Plymouth.

Plymouth, IN: lenders behind the 139 loans

In Plymouth, these tables draw on SBA's record of loans a bank owns or owned, per the note, and claim nothing about requirements. Plymouth holders should be read that way. In Plymouth, leading SBA 7(a) holders are Lake City Bank with 10 loans worth $2.0 million; Centier Bank with 7 loans worth $944,300; Live Oak Banking Company in Plymouth with 5 loans worth $6.8 million. In the Plymouth SBA 504 table, the leading holders are Business Development Corporation (BDC) with 15 loans worth $6.7 million. In Plymouth, the top holder leads the rest. A Plymouth borrower may still approach any lender in Plymouth.

Cancellation floor, Plymouth: 8.7% of FY2017 to FY2024 approvals. Plymouth ceiling: the figure counting unfunded loans as cancelled remains hidden, nothing guessed for Plymouth. In Plymouth, the charge-off rate for FY2017 to FY2021 loans that funded is held back, the cohort is small; a Plymouth reader should never take it for zero. Plymouth approvals peaked in FY2017, at 23 loans. Loans count toward Plymouth via its project county, matched by name per the July 2023 delineation, consequently some loan whose county has no match is dropped from all areas. The 139 loans in Plymouth, IN include those in no named class in Plymouth.

Plymouth: testing a project in Plymouth, IN

Demand ranks first for Plymouth. Count the customers within reach of the proposed site in Plymouth, not a micropolitan area, and keep the forecast cautious in Plymouth. Plymouth cost comes next. The middle half runs $69,500 to $500,000, so every line item wants a source, and contingency kept apart in Plymouth. The Plymouth loan has to be serviceable. Present the ratio for the amount next to a case with softer income, naming the cushion left in Plymouth. Appraisal closes the loop in Plymouth, so each source behind the numbers has to be defensible in Plymouth. In Plymouth, a micropolitan area, the base is thin: 139 loans. A large Plymouth project may borrow comparables elsewhere. At 0.72x of the national median, Plymouth projects run modest in Plymouth. A large project must show why Plymouth can absorb its scale, against $150,000.