What SBA's own loan files show about lending in the Utica-Rome, NY Metro Area, every asset class together, and what a feasibility study for a project there has to test.
Utica-Rome is a market of very small tickets. SBA approved 466 loans there across FY2017 to FY2026, $124.6 million gross, rank 176 of 928, and 447 are 7(a) against 19 under 504. Utica puts its median at $50,000. Utica is 0.24x the national figure. For Utica, half of loans run $25,000 to $187,500. Franchises make up just 3.4% of loans.
Utica counts full-service restaurant first, at 22 loans, then liquor store at 13, automotive mechanical repair at 12, fitness center at 10 and hotel and motel at 9; 331 loans sit outside the named classes. Oneida County has 356 loans and Herkimer County 110. Count fell from 93 loans and $12.9 million in FY2017, the peak, to a low of 17 loans and $2.6 million in FY2020, and ended at 39 loans and $14.0 million in FY2026.
Utica-Rome's 7(a) book is led by Manufacturers and Traders Trust Company, 187 loans and $15.6 million, then Beacon Bank and Trust, 106 loans and $16.8 million, and NBT Bank, National Association, 25 loans and $6.3 million. The page lists no 504 lender. Utica lists come from SBA's holder records. Utica names hold or held the loans shown. Utica volume is no lender's verdict. Utica counts state no requirement.
Utica cancellations after approval reached at least 11.1%. The Utica approvals counted run from FY2017 through FY2024. Loan Analytics withholds Utica's ceiling for loans never disbursed, since too few Utica loans support it. Utica charge-offs reached at least 4.5% across 221 funded loans. The five-year rate is withheld on the same ground. Every Utica rate here is a floor, as open Utica loans may move it. Utica places projects by county name. Utica loses loans lacking a placeable county. Utica's members follow the July 2023 delineation. Utica counts all approvals, named or not. Because tickets run so small, Utica-Rome work should stay proportionate: demand at the site, honest cost, debt service in a weak year and local comparables for value; a liquor store adds licence transferability and margin after inventory carrying cost. Utica studies come from Loan Analytics. Utica studies are signed by Daniel Smith, MAI.
| Loans approved, FY2017 to FY2026 | 466 |
|---|---|
| Gross dollars approved | $124.6 million |
| Median loan | $50,000 |
| Middle half of loans, from | $25,000 |
| Middle half of loans, to | $187,500 |
| SBA 7(a) loans | 447 |
| SBA 504 loans | 19 |
| Franchise share of loans | 3.4% |
| Rank among metro and micro areas by loans | 176 of 928 |
| Median loan against the national median | 0.24x |
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 11.1% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | withheld |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 4.5% |
| Charged off within five years of approval | withheld |
| Loans in that cohort | 221 |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
SBA loans approved in the Utica-Rome, NY Metro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 93 | $12.9 million |
| FY2018 | 64 | $12.4 million |
| FY2019 | 36 | $11.5 million |
| FY2020 | 17 | $2.6 million |
| FY2021 | 33 | $11.9 million |
| FY2022 | 33 | $8.9 million |
| FY2023 | 50 | $15.7 million |
| FY2024 | 44 | $11.5 million |
| FY2025 | 57 | $23.0 million |
| FY2026 | 39 | $14.0 million |
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 331 |
| Full-service restaurant | 22 |
| Liquor store | 13 |
| Automotive mechanical repair (car and truck) | 12 |
| Fitness center | 10 |
| Hotel and motel | 9 |
| Beverage manufacturing (breweries, wineries, distilleries) | 9 |
| Limited-service restaurant | 8 |
| Beauty salon | 8 |
| Grocery store | 8 |
| Medical office (physicians) | 6 |
| Self storage | 5 |
| Child care center | 5 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
| Lender | Loans | Dollars |
|---|---|---|
| Manufacturers and Traders Trust Company | 187 | $15.6 million |
| Beacon Bank and Trust | 106 | $16.8 million |
| NBT Bank, National Association | 25 | $6.3 million |
| KeyBank National Association | 24 | $5.7 million |
| Arrow Bank National Association | 19 | $8.1 million |
Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.
| County | Loans |
|---|---|
| Oneida County, NY | 356 |
| Herkimer County, NY | 110 |
Counties with 5 or more loans; smaller ones are not listed.
Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.
All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-46540.
A worked example of the feasibility study a lender would read for a short-term rental project in New York, financed with a conventional bank loan.
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Utica-Rome, NY Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
Start with the data.
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