Feasibility Study Data for the Whitewater-Elkhorn, WI Micro Area

Whitewater-Elkhorn, WI: SBA lending volume and loan size in Whitewater

Ranked 279 of 928 by loans, Whitewater drew 241 approvals between FY2017 and FY2026, $131.6 million gross. A median of $248,500 in Whitewater sits at 1.19x the national median, above the usual ticket. Whitewater loans in the middle half fall from $100,000 to $513,000. With $100,000 and $513,000 bounding the middle half in Whitewater, no single benchmark fits every project in Whitewater.

In Whitewater, 207 approvals are SBA 7(a) loans; 34 are SBA 504 loans. Whitewater franchise share of loans is 8.7%. In Whitewater, classes read full-service restaurant with 13, hotel and motel with 9 and gas station and truck stop with 7. In Whitewater, outside the tracked classes, 178 loans make up the rest of the 241. A single county, Walworth County, WI, accounts for 241 Whitewater loans.

Whitewater-Elkhorn, WI: who holds the loans, 241 in all

In Whitewater, these tables draw on what SBA reports on in Whitewater loans a lender keeps or kept in Whitewater, in the holder field, which tells volume, not practice. Whitewater holders should be read that way in Whitewater. The largest Whitewater holders under SBA 7(a) are U.S. Bank, National Association with 31 loans worth $4.8 million; Community State Bank (WI) with 25 loans worth $3.6 million; First Citizens State Bank with 16 loans worth $5.7 million. Whitewater SBA 504 list starts with WBD, Inc. with 21 loans worth $28.6 million. The first holder in Whitewater sets the pace. Even so, a Whitewater borrower may take a study elsewhere in Whitewater.

SBA's files show 7.2% of FY2017 to FY2024 approvals in Whitewater cancelled, a floor. Whitewater ceiling: the figure counting undisbursed approvals as cancelled stays unprinted for Whitewater, as withheld. In Whitewater, the charge-off rate for the cohort funded in Whitewater FY2017 to FY2021 is withheld in Whitewater, resting on too few loans; silence about Whitewater is not a claim of zero in Whitewater. Of the printed Whitewater years, FY2021 leads with 40 loans. Loans count toward Whitewater via project county, found by name lookup using the July 2023 delineation, therefore the loan whose county fails to match joins no area at all. The 241 loans in Whitewater-Elkhorn, WI include those in no named class in Whitewater.

Whitewater-Elkhorn, WI: what the record asks of a Whitewater feasibility study

Demand ranks first for Whitewater. Map who lives and works near the project address alone, while holding a slow start for Whitewater. Whitewater cost comes next. Loans near $248,500 are common, while each line belongs on a quote, with contingency stated openly in Whitewater. The Whitewater loan has to be serviceable. Compute the ratio at the planned loan also with lower sales, to find the Whitewater breakeven revenue. Appraisal closes the loop in Whitewater, so the cost-to-value story ought to trace to evidence in Whitewater. In Whitewater, a micropolitan area, the base is thin: 241 loans. A large Whitewater project may borrow comparables elsewhere. With the median at 1.19x the national level, a smaller Whitewater project may look unusual in Whitewater. The study should explain its sizing for Whitewater against $248,500.