Oxford Bank: SBA Lending Record

Gross approvals for Oxford Bank total $150.5 million on 265 loans, FY2017 to FY2026. Oxford Bank shows 265 7(a) loans, and no 504 loans. Oxford Bank is listed by SBA as holder of 265 7(a) loans. Oxford Bank does not guarantee 265 loans; SBA does.

Oxford Bank: classes and states

Oxford Bank puts its largest named classes at Limited-service restaurant, 50, Full-service restaurant, 8, Fitness center, 7 and Coffee shop and snack bar, 5 loans. 167 loans, the biggest Oxford Bank group, sit outside the tracked classes. Oxford Bank lists one state: Michigan, 260 loans.

Oxford Bank: cancellations and charge-offs

Oxford Bank: among FY2017 to FY2024 approvals, 11.7% were cancelled after approval, a floor. Oxford Bank ceiling: withheld by Loan Analytics' own rule. Oxford Bank ceiling: no zero, no estimate. 0.00% is the Oxford Bank charge-off floor. The cohort of 115 Oxford Bank loans was disbursed in FY2017 to FY2021. Oxford Bank charge-offs within five years of approval: 0.00%. Oxford Bank floor of 0.00% counts charge-offs so far. Oxford Bank: each rate is the least SBA shows.

Oxford Bank: what a study should test

50 loans of Oxford Bank fall in the Limited-service restaurant class. Oxford Bank study needs comparable sales. For 50 Limited-service restaurant loans, seating demand stays open. Oxford Bank study also needs occupancy cost. 8 loans of Oxford Bank fall in the Full-service restaurant class. Oxford Bank study must prove seating demand. For 8 Full-service restaurant loans, comparable sales stays open. Oxford Bank total of $150.5 million says nothing about any one site. 167 Oxford Bank loans fit no tracked class. At Oxford Bank, the project must carry the case. For 260 Oxford Bank loans in Michigan, local evidence still decides. Oxford Bank: ask directly what it needs to see. 265 loans at Oxford Bank do not measure demand at one site. Oxford Bank: competing supply near the site matters most. Oxford Bank study revenue assumptions need written support. Oxford Bank request: build cost quoted, not assumed. Oxford Bank debt service needs a cautious revenue case. Oxford Bank history cannot stand in for an appraisal. Oxford Bank study should state its downside case. Oxford Bank: assumptions stated, coverage tested, value supported. Oxford Bank lists 265 loans and $150.5 million in gross approvals. Oxford Bank equity belongs in the study.

Oxford Bank cancellation rates use approvals through FY2024 only. Oxford Bank totals add FY2025 and FY2026 approvals. Oxford Bank cohort: 115 loans disbursed in FY2017 to FY2021. Oxford Bank figures describe loans held, not lender practices. 265 loans cannot predict one new request to Oxford Bank. For Oxford Bank, a withheld value is never a zero.