Feasibility Study Data for the Rexburg, ID Micro Area

Rexburg: what the area shows

Rexburg, ID is a micropolitan area, and its 172 SBA approvals in FY2017 to FY2026 carried $77.8 million in gross dollars. Rexburg is a mid-table area: 344 of 928 by loans. In Rexburg, ID, every asset class is pooled for Rexburg. That view of Rexburg is missing from ID and national tables.

Rexburg: half of loans run $45,325 to $400,250, around a median of $150,000. Outside data makes Rexburg requests look heavy; at 0.72x, Rexburg is well below the national level. Rexburg counts 129 loans under 7(a) and 43 under 504, so 7(a) carries the Rexburg mix. 9.9% of Rexburg loans went to franchised businesses, so a Rexburg study names the brand, if any, for Rexburg.

Rexburg: classes, places and lenders

In Rexburg, ID, full-service restaurant (8 loans); medical office (7 loans); automotive mechanical repair (6 loans); limited-service restaurant (6 loans) lead by loans in Rexburg. Rexburg also holds 116 loans outside every tracked class; Rexburg small business lending shows here. Rexburg's busiest counties are Madison County, ID with 127 and Fremont County, ID with 45, so a Rexburg project's boundary matters when Rexburg borrowers cite area-wide figures. Rexburg 7(a) record, longest first: Zions Bancorporation, National Association with 41 loans, $3.2 million; Glacier Bank with 13 loans, $7.7 million; The Bank of Commerce with 13 loans, $2.3 million. Rexburg 504 lending is led by 27 loans at East-Central Idaho Development Company ($15.0 million); 6 loans at Mountain West Small Business Finance ($4.5 million). SBA keeps records of Rexburg loans each lender holds or held; Zions Bancorporation, National Association leads with 41, and no Rexburg lender is judged.

Rexburg ended FY2026 at 17 loans, lower than FY2017's 23; the peak came in FY2025 (31 loans, $15.2 million) and the low in FY2021 (9). Rexburg cancellations stand at 15.3%, a floor, for Rexburg approvals in FY2017 to FY2024; Rexburg's ceiling is withheld, never zero in Rexburg. The Rexburg charge-off floor reaches 0.00% across a cohort of 72 loans disbursed between FY2017 and FY2021. Early Rexburg charge-offs, those within five years, reach 0.00%. Rexburg, ID membership follows the July 2023 delineation; Rexburg counties are matched by name, and a Rexburg loan with no match is dropped, so 172 is a floor, and every Rexburg rate is too.

Rexburg: the study questions

For Rexburg, a study tests Rexburg demand within a defined trade area, since Madison County, ID dominates Rexburg loan counts. If a Rexburg concept resembles full-service restaurant, Rexburg offers size and lender precedent; other Rexburg concepts must rest on their own Rexburg evidence. Rexburg quotes should price construction and equipment. Then Rexburg debt service coverage is tested at $150,000, and again at $400,250. Rexburg is micropolitan, so a Rexburg appraisal should say how thin the Rexburg comparables are. Nothing printed for Rexburg predicts approval; each Rexburg lender still reviews a study.