Feasibility Study Data for the Port Angeles, WA Micro Area

Port Angeles lending, in outline

$103.0 million over 136 loans is the Port Angeles total, FY2017 through FY2026. 397 of 928 is the Port Angeles place when areas are ordered by loans. Port Angeles loans center on $345,000, the median. Port Angeles sees its middle half between $103,750 and $813,400. Set beside the nation, Port Angeles stands at 1.66x. In Port Angeles, 119 loans were 7(a) and 17 were 504. 19.1% of the loans in Port Angeles carry a franchise brand. Port Angeles dollars add to $103.0 million.

Port Angeles: asset mix and geography

Port Angeles leaders: hotel and motel (14), then gas station and truck stop (10), then full-service restaurant (9). 83 loans in Port Angeles fit no class, so Port Angeles class patterns say less. SBA locates every Port Angeles loan in Clallam County, WA, 136 in all.

Port Angeles: who holds the loans

Holders in Port Angeles may not be the makers. Port Angeles holders under 7(a) include 17 loans at U.S. Bank, National Association ($6.9 million) and 6 loans at Readycap Lending, LLC ($6.7 million). Port Angeles lists, for 504, 9 loans at Evergreen Business Capital ($7.1 million). Port Angeles rows serve a borrower as background. No Port Angeles row promises approval anywhere.

Port Angeles: cancellations and charge-offs

A floor of 10.0% describes Port Angeles cancellations on FY2017 to FY2024 approvals. Port Angeles withholds a ceiling: Port Angeles loans are too few. No Port Angeles charge-off rate prints. The Port Angeles cohort is below the minimum. Read Port Angeles as neither zero nor clean. Treat Port Angeles rates as floors. Later events lift them, Port Angeles included. Port Angeles loans are placed by county name. Port Angeles follows the July 2023 delineation. Port Angeles omits loans with no county match. The Port Angeles total includes loans outside the classes.

Port Angeles: what a study has to test

Port Angeles volume ranged from 6 loans in FY2023 to 20 in FY2017, the latter for $7.6 million. The latest year, FY2026, shows 17 loans and $11.7 million for Port Angeles. A Port Angeles study weighs local demand against Clallam County, WA competitors, not national patterns. Port Angeles costs sit beside a $345,000 median. Port Angeles stands at 1.66x nationally. Port Angeles coverage cannot assume smooth sailing. Port Angeles floors say why. Port Angeles appraisal evidence comes from area sales. Port Angeles income evidence sits beside it. Absorption near Clallam County, WA is tested for Port Angeles on a slow case. Beside Clallam County, WA findings, the Port Angeles study lists what it could not test.