Feasibility Study Data for the Tampa-St. Petersburg-Clearwater, FL Metro Area

What SBA's files say about Tampa-St. Petersburg-Clearwater

Between FY2017 and FY2026, SBA approved 7,094 loans for projects in Tampa-St. Petersburg-Clearwater, with a combined value of $4.30 billion in gross dollars. Tampa-St. Petersburg-Clearwater sits across all metro and micro areas, on approval count, in position 21 of 928. Half of Tampa-St. Petersburg-Clearwater loans, the middle ones, spans $125,000 to $701,000, with a median near $310,000; so the median stands at 1.49x the national median. Split by program, Tampa-St. Petersburg-Clearwater shows 5,985 loans under 7(a) and 1,109 in 504. Franchise brands account for 15.2% of the loans.

Tampa-St. Petersburg-Clearwater: where loans cluster

For the record, among the named classes we name for Tampa-St. Petersburg-Clearwater, full-service restaurant leads with 348 loans, and then limited-service restaurant with 264 and child care center (171). Another 5,011 loans in Tampa-St. Petersburg-Clearwater fall outside the classes. On the map, Hillsborough County, FL leads with 3,493 loans, and behind it come Pinellas County, FL (2,385), Pasco County, FL (996) and Hernando County, FL (220).

Tampa-St. Petersburg-Clearwater: institutions behind approvals

Holders named for Tampa-St. Petersburg-Clearwater are lifted from SBA's official Tampa-St. Petersburg-Clearwater records of the 7,094 business loans in Tampa-St. Petersburg-Clearwater, carried at present or before; those records tie each position though reveal nothing about how lenders underwrite. Besides, for 7(a) lending in Tampa-St. Petersburg-Clearwater, SBA lists The Huntington National Bank (432 loans, $168.3 million), followed by TD Bank, National Association ($62.6 million across 431 loans). Worth noting, for Tampa-St. Petersburg-Clearwater loans under 504, the list reads Florida Business Development Corporation ($448.7 million across 584 loans), ahead of Florida First Capital Finance Corporation, Inc. (334 loans, $329.5 million). An applicant near Hillsborough County, FL should ask the Tampa-St. Petersburg-Clearwater holder The Huntington National Bank or other Tampa-St. Petersburg-Clearwater holders near Hillsborough County, FL what paperwork it wants, then shape the Tampa-St. Petersburg-Clearwater study to satisfy that.

Tampa-St. Petersburg-Clearwater: cancellations and charge-offs

Among Tampa-St. Petersburg-Clearwater approvals from FY2017 through FY2024, at least 12.0% were cancelled after approval in Tampa-St. Petersburg-Clearwater, a floor; the true Tampa-St. Petersburg-Clearwater rate can only be higher. Worth noting, among disbursed Tampa-St. Petersburg-Clearwater loans approved from FY2017 through FY2021, 6.7% have been charged off up to now, another floor; 3.9% were written off within five years of approval, across a group of 2,627 loans. In the yearly line, Tampa-St. Petersburg-Clearwater hit its high in FY2025 at 986 loans and $559.3 million, and bottomed out in FY2020 at 461 loans and $300.4 million.

Tampa-St. Petersburg-Clearwater: what a study proves

For Tampa-St. Petersburg-Clearwater, begin with demand: who shops in Hillsborough County, FL, who travels in Pinellas County, FL, how that compares with the rest of Tampa-St. Petersburg-Clearwater, and whether full-service restaurant, with 348 loans, leaves any room. Cost next: $310,000 is the Tampa-St. Petersburg-Clearwater median and $125,000 to $701,000 the middle half, so a Hillsborough County, FL site must price itself against this $310,000 median. Debt service: Tampa-St. Petersburg-Clearwater repayment withstands a sluggish year against the 12.0% cancellation rate and the 6.7% floor for charge-off. The appraisal for Tampa-St. Petersburg-Clearwater must back the figure financed. Tampa-St. Petersburg-Clearwater relies on the July 2023 delineation; a loan whose home county is unmapped is missing from every area, Tampa-St. Petersburg-Clearwater included, but the totals carry loans beyond the classes we track.