SBA 7(a) Warehouse Feasibility Study in New York

The New York warehouse (SBA 7(a)) book in detail

Between FY2017 and FY2026, SBA authorized 32 loans in the 7(a) program to warehouse projects in New York, carrying $8.9 million in gross dollars. Position: 5 in the New York warehouse (SBA 7(a)) approvals, and 23 of 39 across New York's own asset classes. Centre size: $150,000. Relative to SBA 7(a) warehouse loans nationwide, New York runs at 0.43x on the median, a more modest loan size. Between $61,250 and $285,950 lies the middle half of the approvals across New York. The franchise share of New York loans is 0.00%. New York's lenders, counties and years carry the warehouse page.

Lenders, counties and timing in New York

Among New York institutions, the top names here are TD Bank, National Association with 10 loans worth $954,000 and KeyBank National Association with 5 loans worth $4.5 million. SBA names each New York warehouse loan's current holder, so the lender rows show who holds the loans today. By county, Rockland with 6, Orange with 5, Suffolk with 5 and Onondaga with 4 lead the warehouse loans in New York. On the calendar for New York, approvals peaked at 6 loans, worth $1.8 million, in FY2021, with FY2026 at 2 loans and $400,000; the series opened in FY2017 at 2.

New York: cancellations, charge-offs and one warehouse coding limit

Cancellation after approval is left blank for New York warehouse, since Loan Analytics withholds the rate for fewer than 30 loans; a warehouse blank for New York is withheld, never a zero. Between FY2017 and FY2021 New York funded under 30 of the 32 warehouse loans, so Loan Analytics withholds a warehouse charge-off figure, and the warehouse gap is not a zero. Lenders must take these New York rates, drawn from 32 loans, as minimums, never as final results. The class carries a coding limit that is worth noting in New York: New York's loans need to be read as public warehousing alone: owner-occupied warehouses are assigned under other industries.

The work behind a New York warehouse loan request

Under 7(a), a New York warehouse request, one of 32, rests on New York repayment capacity and the real estate the New York study must document. A New York warehouse study tests tenant demand relative to vacancy plus truck routes. Ceiling height, loading positions, floor specification and trailer courts drive warehouse budgets in New York. Show the New York warehouse case at $150,000 first, next at $285,950, and one slower year beside each, so the study shows how payments stop being covered. An appraisal will value warehouse property on mature occupancy and achievable rates, and our forecast shows both. TD Bank, National Association holds 10 of these loans; the holder row describes loans, not any terms a New York warehouse borrower would be offered.

Loan Analytics presents the 32 New York approvals as SBA's New York data, not a forecast for any warehouse project; a warehouse study signed by Daniel Smith, MAI, tests New York conditions directly, and New York approvals guarantee nothing.