Feasibility Study Data for the Stockton-Lodi, CA Metro Area

Gas stations first

In Stockton-Lodi gas station and truck stop heads the named classes, with 55 loans, just ahead of limited-service restaurant at 52. After those come full-service restaurant at 35, automotive mechanical repair at 32 and hotel and motel at 30, and 762 loans sit outside the named classes. All of the area's loans belong to San Joaquin County. The lead class matters because fuel retail couples real estate with an operating business, so a Stockton study should price land and building apart from what pumps and shop sales earn, and weigh tank and environmental condition.

Large loans in a one-county market

SBA approved 1,132 loans in Stockton-Lodi across FY2017 to FY2026, $968.1 million gross, placing it 88 of 928. Stockton has a median loan of $379,500. Stockton stands at 1.82x the national figure; in Stockton, half of loans run $136,650 to $1.0 million. The upper end reaches $1.0 million, a high and wide band. Program counts are 952 for 7(a) and 180 for 504, and brand-affiliated loans hold 13.2% of the count. Volume peaked in FY2017 at 152 loans and $87.1 million, reached its low in FY2023 at 79 loans and $75.6 million, and ended FY2026 at 88 loans and $78.5 million.

In Stockton-Lodi, U.S. Bank, National Association holds 110 loans and $26.7 million under 7(a), Wells Fargo Bank National Association follows with 104 loans and $42.2 million, and Enterprise Bank & Trust 50 loans and $66.1 million, a name with far fewer loans but larger dollars. Under 504, Success Capital Expansion & Development Corporation holds 52 loans and $54.5 million and The Mortgage Capital Development Corporation 42 loans and $86.4 million. Stockton holders are in SBA's records. Stockton: each name holds or held loans. Stockton counts describe volume, not lender practice, and Stockton counts state no requirement.

Stockton-Lodi floors, then the study to commission

Stockton: cancelled after approval at least 12.8% of Stockton's approvals. The Stockton window is FY2017 to FY2024. Stockton counts undisbursed loans for 13.3%. In Stockton, 519 funded loans show charge-offs. Stockton floors them at 4.2% or more. Stockton has 2.9% within five years. Open Stockton loans may raise every Stockton floor. The July 2023 delineation shapes Stockton. Stockton reads each project's county by name. Stockton loses a loan with no placeable county. Stockton counts every approval, named or not. A feasibility study for a fuel-retail or restaurant project here must test traffic counts, margin, demand at the specific site, construction cost at large-ticket scale, coverage on conservative revenue, and an appraisal that separates the real estate from business value. Daniel Smith, MAI, names each Stockton study. Stockton studies are prepared by Loan Analytics.