Restaurant Feasibility Study in the San Diego-Chula Vista-Carlsbad, CA Metro Area

San Diego: full-service restaurant

345 full-service restaurant loans, worth $192.1 million, were approved in San Diego, FY2017 to FY2026. Among metro areas San Diego stands 21 of 821 on 345 loans, and in San Diego the class stands 1 of 39. San Diego's quotient of 0.89x makes the class less common. $301,300 tracks San Diego's parents; ranks and the 0.89x quotient do the distinguishing.

$301,300 in San Diego runs a little above the national median (1.10x) across 345 loans. Half the loans in San Diego fall between $150,000 and $700,000. The split is 315 under 7(a) and 30 under 504, the routes San Diego peers took. Franchisees hold 5.8% of San Diego's 345 loans.

San Diego's 7(a) table, 32 loans with U.S. Bank, National Association, $9.1 million; 18 with Shinhan Bank America, $10.3 million; 16 with Newtek Bank, National Association, $4.1 million; 16 with CDC Small Business Finance Corp., $3.8 million; 15 with Celtic Bank Corporation, $9.2 million. San Diego's 504 table, 12 loans with CDC Small Business Finance Corp., $8.3 million; 8 with California Statewide Certified Development Corporation, $5.6 million; 5 with Southland Economic Development Corporation, $3.4 million. San Diego: holders under 5 loans stay unnamed. San Diego by county, 345 loans: San Diego County, CA 345.

How San Diego loans fared

Of San Diego's FY2017 to FY2024 approvals, at least 13.1% were cancelled after approval; 13.1% if undisbursed loans count. Of 146 loans disbursed from FY2017 to FY2021, 8.9% or more are charged off. In San Diego, five-year charge-offs: withheld, not zero. San Diego open loans can still raise floors. San Diego's yearly count peaked at 43 loans and $13.3 million in FY2018; its low was 21 in FY2020; FY2026 shows 40 loans and $32.4 million. By year, San Diego counts: FY2017 42, FY2018 43, FY2019 43, FY2020 21, FY2021 21, FY2022 26, FY2023 36, FY2024 35, FY2025 38, FY2026 40. Gross dollars by year: FY2017 $21.2 million, FY2018 $13.3 million, FY2019 $23.4 million, FY2020 $7.2 million, FY2021 $17.8 million, FY2022 $18.2 million, FY2023 $17.4 million, FY2024 $17.9 million, FY2025 $23.5 million, FY2026 $32.4 million.

San Diego: what a study must test

San Diego: facing slow months, debt service holds with $192.1 million approved. For 345 loans in San Diego, ventilation costs outside $150,000 to $700,000 need cases. For 345 approvals in San Diego, appraisers split concept from building. San Diego approvals ran from 21 in FY2020 to 43 in FY2018; for San Diego, plan for stalled years. San Diego's quotient, 0.89x: count rivals by cuisine. Across 345 loans, evening cover counts in San Diego carries $301,300.

San Diego placed 345 loans by project county. San Diego uses the July 2023 delineation by name. San Diego omits loans from unmatched counties. These 345 loans guide a view of San Diego; they are no census.