Feasibility Study Data for the Racine-Mount Pleasant, WI Metro Area

Racine-Mount Pleasant at a glance

$232.4 million over 500 loans is the Racine-Mount Pleasant total, FY2017 through FY2026. By loan count, Racine-Mount Pleasant stands 166 of 928 among all areas. The Racine-Mount Pleasant median loan is $187,500. Racine-Mount Pleasant loans in the middle half run $64,000 to $428,500. Set beside the nation, Racine-Mount Pleasant stands at 0.90x. In Racine-Mount Pleasant, 437 loans were 7(a) and 63 were 504. Racine-Mount Pleasant shows a franchise share of 9.8%. $232.4 million is the Racine-Mount Pleasant dollar total.

Racine-Mount Pleasant: which classes and counties lead

Racine-Mount Pleasant class leaders by loans: limited-service restaurant (20), full-service restaurant (17), and fitness center (13). Next in Racine-Mount Pleasant comes hotel and motel at 11 loans. Outside every class stand 374 Racine-Mount Pleasant loans, so each Racine-Mount Pleasant project is judged on its own facts. Racine-Mount Pleasant consists of Racine County, WI, where SBA places 500 loans.

Racine-Mount Pleasant: lenders in the record

Holders in Racine-Mount Pleasant may not be the makers. Racine-Mount Pleasant 7(a) holders include Community State Bank (WI) with 136 loans ($31.7 million) and The Huntington National Bank with 18 loans ($2.5 million). Racine-Mount Pleasant holders under 504 include Racine County Economic Development Corporation (42 loans, $35.4 million). A Racine-Mount Pleasant borrower reads these rows as context. Nothing in Racine-Mount Pleasant rows states what a holder requires.

Racine-Mount Pleasant: outcome rates and data limits

Racine-Mount Pleasant cancellation, FY2017 to FY2024 approvals: 10.6%. It is a floor for Racine-Mount Pleasant. The ceiling is withheld for Racine-Mount Pleasant: Racine-Mount Pleasant loans are few. Charged off to date in Racine-Mount Pleasant: 5.9%, a floor, across 253 disbursed loans of FY2017 to FY2021. The Racine-Mount Pleasant five-year figure is 3.2%. A lender reading Racine-Mount Pleasant takes both rates as the least. Racine-Mount Pleasant history only grows. Racine-Mount Pleasant is built from county names. Racine-Mount Pleasant follows the July 2023 delineation. Racine-Mount Pleasant omits loans with no county match. The Racine-Mount Pleasant total includes loans outside the classes.

Racine-Mount Pleasant: what a study has to test

By year, FY2021 was busiest for Racine-Mount Pleasant, at 78 loans and $47.0 million, and FY2026 quietest, at 25 loans and $14.1 million. The first year, FY2017, shows 56 loans and $16.8 million for Racine-Mount Pleasant. The latest year, FY2026, shows 25 loans and $14.1 million for Racine-Mount Pleasant. A Racine-Mount Pleasant feasibility study tests demand first, from Racine County, WI outward, not from the area average. The Racine-Mount Pleasant budget is priced against a $187,500 median. Racine-Mount Pleasant sits at 0.90x nationally; site, build and equipment all count. Racine-Mount Pleasant coverage cannot assume smooth sailing. Racine-Mount Pleasant floors say why. Racine-Mount Pleasant appraisal evidence comes from area sales. Racine-Mount Pleasant income evidence sits beside it. Absorption near Racine County, WI is tested for Racine-Mount Pleasant on a slow case. Beside Racine County, WI findings, the Racine-Mount Pleasant study lists what it could not test.