Feasibility Study Data for the Savannah, GA Metro Area

How big the Savannah record is

In Savannah, the agency's approval files record 818 approvals over FY2017 through FY2026, totalling $709.5 million of gross dollars. Savannah ranks against the whole list of areas, counted by loans, at 117 of 928. The middle half of Savannah loans sits between $150,000 and $1.0 million, beside a typical loan of $350,000; that puts the median at 1.68x the nationwide median. Here, SBA 7(a) holds 699 loans, against 119 under SBA 504. Franchises make up 22.2% of approvals.

Savannah: where loans cluster

Worth noting, across the asset classes we show for Savannah, hotel and motel is largest with 70 loans, ahead of full-service restaurant with 69 and limited-service restaurant (48). Another 475 loans in Savannah sit outside every class. By county, Chatham County, GA holds 659 loans, followed by Effingham County, GA (89) and Bryan County, GA (70).

Savannah: holders of record

Names listed for Savannah are read from SBA's own Savannah records of the 818 business loans in Savannah, under their current or past holder; such records tie every entry though reveal nothing about lender appetite. Also, for 7(a) lending in Savannah, the leading holders are The Huntington National Bank, holding 84 loans worth $50.2 million and Wells Fargo Bank National Association ($11.6 million across 65 loans). Notably, on 504 in Savannah, the top holders are Florida Business Development Corporation, holding 21 loans worth $38.6 million; next, Coastal Area District Development Authority, Inc. at 12 loans and $9.0 million. An applicant near Chatham County, GA can ask the leading Savannah holder The Huntington National Bank or other Savannah holders near Chatham County, GA what paperwork it requires, then shape the Savannah study to satisfy that.

Savannah: what followed approval

Among Savannah approvals from FY2017 through FY2024, at least 14.7% ended in cancellation after approval in Savannah, a floor; the real Savannah rate can only be higher. Besides, among disbursed Savannah loans approved in FY2017 through FY2021, 4.9% have ended in charge-off to date, again only a floor; 3.5% were written off before the fifth year ended, across a set of 344 loans. Over the decade, Savannah topped out in FY2025 at 97 loans and $81.2 million, and bottomed out in FY2020 at 59 loans and $56.1 million.

Savannah: the tests ahead

Around Chatham County, GA, demand comes first: who lives in Chatham County, GA, who travels in Effingham County, GA, set against Savannah as a whole, and how much room 70 hotel and motel loans leave. On cost: $350,000 is the Savannah median and $150,000 to $1.0 million the middle band, so a Chatham County, GA site must price itself against that $350,000 median. Repayment: Savannah repayment survives a sluggish year against the 14.7% cancellation floor with the 4.9% charge-off floor. An appraisal in Savannah must back the worth lent against. Savannah follows the July 2023 map; a file whose project county lacks a CBSA match drops out of any area, Savannah too, while the totals retain loans outside the classes named.