Feasibility Study Data for the San Diego-Chula Vista-Carlsbad, CA Metro Area

One county, a higher price point

The San Diego-Chula Vista-Carlsbad area consists of a single county, San Diego County, CA, and all 7,745 of its loans sit there. It ranks 19 of 928 by loan count and carries $4.56 billion in dollars approved over FY2017 to FY2026. Loans run larger than the country's: the median is $255,700, or 1.23x the country's, and the bulk of typical loans sits from $100,000 to $700,000. Franchise brands appear in 7.8% of loans, a lower share than many large metros show. Approvals split into 6,714 under 7(a) and 1,031 under 504, so the real estate programme has a meaningful presence.

The tracked classes cover only part of the picture, since 5,727 loans fall in none of them. Full-service restaurant leads with 345 loans, then limited-service restaurant at 227, dental office at 167 and fitness center at 152. Further down are assisted living at 50 loans, beverage manufacturing at 52 and life science lab at 15. Car wash has 46 loans and hotel and motel 60. A study for any use outside the leading names should expect to document demand from scratch.

Lenders in SBA's files

Holder names come from the SBA file that tracks who has held each loan; they place loans and say nothing about a lender's policy. U.S. Bank, National Association holds 960 7(a) loans worth $330.9 million, Wells Fargo Bank National Association 554, CDC Small Business Finance Corp. 409 worth $67.7 million, JPMorgan Chase Bank, National Association 352 and Newtek Bank, National Association 248 with $110.7 million. On the 504 side, CDC Small Business Finance Corp. leads at 359 loans and $355.9 million, followed by California Statewide Certified Development Corporation at 236, The Mortgage Capital Development Corporation at 166, Business Finance Capital at 129 and Southland Economic Development Corporation at 75.

Cancelled approvals make up 11.6% or more of the FY2017 to FY2024 total, and 12.7% when undisbursed loans are added. Among 3,223 funded loans from FY2017 to FY2021 approvals, 5.9% are charged off so far and 3.9% had been within five years, again floors. Activity was lowest at 614 loans in FY2020 and highest at 1,124 loans and $617.2 million in FY2025.

Testing a San Diego project

A study here has to test whether a site's price and rents carry the larger loan sizes the area supports, how competing supply near the site looks, and whether coverage still holds at the charge-off floors shown. Appraisal support for value follows. Matching uses the July 2023 delineation, and loans whose county cannot be placed are omitted. Loan Analytics offers these records for lenders and borrowers and does not forecast approvals.