SBA 7(a) Grocery Store Feasibility Study in Idaho

Idaho grocers sit right on the national line

Idaho's grocery midpoint under 7(a) is $303,400, 0.98x the nation's. The 27 loans total $16.8 million, and the lower and upper quartiles sit at $62,500 and $1.1 million, a range of requests that stretches from a cooler to a building. Franchised loans are 14.8%. Rank 27 among states by count is Idaho's standing, and grocery holds place 14 of 39 at home.

Credit union and counties

Idaho Central CU is the single lender in the holder table, with 9 loans worth $5.3 million, as SBA lists it, so a borrower should not read the lender list as a sample of the whole state. Ada County has 7 loans and Boise 6, which may be a labeling overlap, Fremont and Twin Falls 3 each, and Bannock and Canyon 2. Years ranged from 1 loan in FY2020, FY2021, FY2023 and FY2024 to 5 in FY2025, which carried $4.7 million.

Unpublished outcomes

Loan Analytics withholds Idaho's cancellation and charge-off percentages alike, because the cohorts are under 30 loans. We give no number and make no inference. No coding limit applies, and the lessor note is not relevant to this class.

What an Idaho grocery study has to test

Any grocery study must say which market it is in, a larger urban area or a small town. In a larger area, the households the store needs, the competing stores and the retail centers around it all matter; the study should show how many households the store needs and where they are. In a small town, the study should show the customers it can draw, how far away the next store is, and what portion of local food spending it retains. The wide middle half, from $62,500 to $1.1 million, shows that requests range from equipment to buildings, so state what is financed. Show sales per square foot, gross margin, and shrink, each tied to the store's own figures rather than to a chain average. Coverage must be tested with a slow opening and a competitor's arrival. A building's appraisal should include its value to a general retail user.