Feasibility Study Data for the Tallahassee, FL Metro Area

Tallahassee in the SBA loan record

Tallahassee, FL is a metropolitan area, and its 395 SBA approvals in FY2017 to FY2026 carried $293.9 million in gross dollars. Tallahassee is distinctive on size first: a $350,000 median loan, 1.68x the national median, outside our margin. Tallahassee counts as a mid-table area, ranked 193 of 928 by loans. In Tallahassee, FL, every asset class is pooled for Tallahassee. That view of Tallahassee is missing from FL and national tables.

$150,000 to $880,500 spans the middle half of Tallahassee loans, and $350,000 is the median. Tallahassee sits well above the national level, at 1.68x the national median, so a Tallahassee study should size its request from Tallahassee approvals. Tallahassee: 7(a) leads the mix, with 298 7(a) loans against 97 under 504. Tallahassee franchise loans reach 21.8%, so brand standards often shape a Tallahassee request there.

Tallahassee: classes, places and lenders

Among Tallahassee's tracked classes, 28 loans in hotel and motel; 26 loans in full-service restaurant; 22 loans in limited-service restaurant; 22 loans in child care center come first. Another 223 Tallahassee loans sit in no tracked class, so Tallahassee totals describe operating businesses, not only property. Tallahassee's top counties by loans: 335 loans in Leon County, FL, 33 loans in Gadsden County, FL, and 19 loans in Wakulla County, FL. The Huntington National Bank ($14.0 million, 23 loans); Hancock Whitney Bank ($5.9 million, 20 loans); Wells Fargo Bank National Association ($5.3 million, 17 loans) lead 7(a) lending in Tallahassee. Tallahassee 504 list: Florida First Capital Finance Corporation, Inc. ($57.1 million, 85 loans). Tallahassee lender figures, The Huntington National Bank's 23 loans included, are an SBA record of Tallahassee loans held or once held; no Tallahassee lender is judged by them.

The Tallahassee series opens at 43 loans in FY2017 and closes at 33, lower than the start; its high is 65 loans ($48.2 million) in FY2025, its low 21 in FY2019. A Tallahassee borrower should know the cancellation record: 11.1% as a floor and 14.5% as a ceiling, for FY2017 to FY2024 Tallahassee approvals. The Tallahassee charge-off floor reaches 4.1% across a cohort of 145 loans disbursed between FY2017 and FY2021. The Tallahassee five-year loss figure is withheld; Tallahassee cannot read it as zero. Tallahassee, FL membership follows the July 2023 delineation; Tallahassee counties are matched by name, and a Tallahassee loan with no match is dropped, so 395 is a floor, and every Tallahassee rate is too.

Tallahassee: the study questions

For Tallahassee, a study tests Tallahassee demand within a defined trade area, since Leon County, FL dominates Tallahassee loan counts. In Tallahassee, a hotel and motel project has deep precedent; other Tallahassee concepts must bring their own evidence of Tallahassee demand. Local bids set Tallahassee costs; Tallahassee debt service coverage then needs tests at $350,000 and at $880,500. Tallahassee is metropolitan, so submarkets differ, and a Tallahassee appraisal should use the site's own Tallahassee submarket comparables. Nothing printed for Tallahassee predicts approval; each Tallahassee lender still reviews a study.