Restaurant Feasibility Study in the Columbia, MO Metro Area

In the Columbia, MO Metro Area sit-down restaurants hold second place, 2 of 39, though the area stands only 141 of 821 for them nationally. The record holds 34 loans and $13.8 million approved across FY2017 to FY2026. A 1.36x location quotient means dining takes a heavier share of Columbia lending than of the national book, which the all-class total does not show. The median loan of $198,500 is 0.72x the national median, so the typical Columbia dining loan is markedly smaller than the usual one elsewhere.

Small loans, withheld program mix

Middle-half loans run from $82,500 to $400,750, so even the upper end of the usual band is modest. Loan Analytics withholds the franchise share along with the program split, so no percentage or count is given for either. A study should treat the usual Columbia sit-down loan as a small independent project, and explain clearly any plan that needs much more than $400,750. Build-out standard, seating and kitchen equipment are where such plans usually diverge.

Holders and years

Under 7(a), The Central Trust Bank is shown as current holder of 10 loans worth $1.8 million, and The Bank of Missouri as holder of 8 loans worth $1.4 million. Each name marks a present holder in SBA's data for Columbia, nothing more. The printed years are FY2017 (5 loans, $609,000), FY2019 (0 loans, $0), FY2021 (6 loans, $1.6 million) and FY2024 (7 loans, $4.0 million). Other fiscal years for restaurant in Columbia are suppressed on thin counts and must not be read as years without loans. FY2019 differs: SBA reports none that year. No county is listed.

What a Columbia restaurant study has to test

This cell prints no cancellation or charge-off rate. Fewer than 30 loans sit in the Columbia full-service restaurants cohort, and Loan Analytics does not publish rates on so thin a base. A study for a Columbia dining room should test the guest base through the week, the competing restaurants near the site, the cost of the build-out or purchase beside a loan near $198,500, and sales that cover food, labor and occupancy plus the debt. It should support the value that a lender sets against the loan. None of this signals approval for a fresh restaurant request; it shows what SBA recorded earlier. A request near the $400,750 upper edge of the middle half should explain the extra seating or equipment behind it.