Feasibility Study Data for the Wheeling, WV-OH Metro Area

Wheeling, WV-OH: volume and loan size, median $77,700

Wheeling stands 343 of 928 by loans, drawing 174 SBA approvals over FY2017 to FY2026, $78.7 million gross. In Wheeling, $77,700 is the median loan, 0.37x the national median. Half of Wheeling loans sit between $25,000 and $297,650, smaller tickets than the national norm. Lenders working Wheeling see tickets from $25,000 to $297,650 most often. A Wheeling study should place its project inside that $25,000 to $297,650 range in Wheeling.

In Wheeling, SBA 7(a) carries 169 loans and SBA 504 carries 5. In Wheeling, franchise brands account for 13.8% of the loans. In Wheeling, leading classes: hotel and motel with 13 and full-service restaurant with 11. Another 134 approvals fall in no named class, so Wheeling totals 174 loans, more than its classes combined. In Wheeling, the counties carrying most volume are Belmont County, OH with 120, Ohio County, WV with 44 and Marshall County, WV with 10. A state line crosses Wheeling. Rules differ by side in Wheeling. Name the state behind each Wheeling input.

Wheeling: holders of SBA loans in Wheeling, WV-OH

In Wheeling, each line reflects what SBA reports on loans a lender keeps or kept in Wheeling, per the holder note, and carry no judgment of lenders. Wheeling holders should be read that way in Wheeling. Heading the Wheeling SBA 7(a) list: The Huntington National Bank with 103 loans worth $10.0 million; WesBanco Bank, Inc. with 7 loans worth $5.3 million; United Midwest Savings in Wheeling Bank National Association with 5 loans worth $7.8 million. The Wheeling SBA 504 side shows Regional Development Funding Corporation with 5 loans worth $7.2 million. In Wheeling, the top holder leads the rest. A Wheeling borrower may still approach any lender in Wheeling.

Among Wheeling approvals of FY2017 to FY2024, 7.2% were cancelled after approval, a floor. In Wheeling, the ceiling counting undisbursed approvals as cancelled is suppressed, and Wheeling gets no estimate. The Wheeling charged-off figure on the cohort funded in FY2017 to FY2021 stays withheld in Wheeling, the cohort being small; we leave Wheeling blank and do not call it zero. Wheeling trend: the busiest year is FY2023, at 38 loans. The Wheeling trend has withheld years as they rest on under five loans, so the Wheeling trend simply skips them. Placement in Wheeling hinges upon project county, found by name lookup by the July 2023 delineation, meaning one with a county left unresolved is dropped from all areas. The 174 loans in Wheeling, WV-OH include those in Wheeling that fall in no named class.

Wheeling: what a project study must test, per Wheeling, WV-OH

Wheeling demand comes first. Map who lives and works near that location, never Wheeling at large, so timing may slip, for Wheeling. Then cost in Wheeling. Loans near $77,700 are common, however land and building need bids, and an honest Wheeling contingency. Debt service coverage decides Wheeling. Compute the ratio at the planned loan once more on conservative revenue, letting a Wheeling lender see the margin. Expect a Wheeling appraiser to test values, so the cost-to-value story needs to reconcile with value in Wheeling. Inside Wheeling, WV-OH, submarkets differ widely. Its 174 loans average across them all, so a Wheeling study must name the Wheeling submarket it means. At 0.37x of the national median, a very large Wheeling project may look unusual in Wheeling. The study should explain its scale for Wheeling against $77,700.