What SBA's own loan files show about lending in the Wooster, OH Micro Area, every asset class together, and what a feasibility study for a project there has to test.
$46.6 million over 274 loans is the Wooster total, FY2017 through FY2026. 262 of 928 is the Wooster place when areas are ordered by loans. Wooster loans center on $50,000, the median. $25,000 to $149,400 spans the Wooster middle half. Against the national median, Wooster comes to 0.24x. Wooster splits into 274 loans under 7(a) and 0 under 504. Franchise brands account for 9.1% of Wooster loans. $46.6 million is the Wooster dollar total.
The busiest classes in Wooster are full-service restaurant (17), hotel and motel (6), and automotive mechanical repair (6). Fourth in Wooster is grocery store, with 5 loans. 221 Wooster loans sit in no tracked class. Most Wooster credit is general business lending. Wooster consists of Wayne County, OH, where SBA places 274 loans.
Holders in Wooster may not be the makers. Wooster lists, for 7(a), 188 loans at The Huntington National Bank ($19.2 million), 15 loans at Consumers National Bank ($1.8 million), and 6 loans at BayFirst National Bank ($715,000). Wooster has no 504 lender at the listing count. A Wooster borrower reads these rows as context. No Wooster row states a holder's terms.
Of Wooster approvals from FY2017 to FY2024, 8.9% were cancelled, a floor. Wooster withholds a ceiling: Wooster loans are too few. 141 Wooster loans make the FY2017 to FY2021 cohort; 5.0% are charged off, a floor. Wooster withholds a five-year rate: Wooster loans are too few. A lender reading Wooster takes both rates as the least. Wooster history only grows. Wooster is built from county names. For Wooster, the July 2023 list governs. Wooster omits loans with no county match. The Wooster total includes loans outside the classes.
Wooster approvals were thinnest in FY2026 (5 loans, $3.3 million) and heaviest in FY2021 (52 loans, $11.4 million). FY2017 opened the Wooster series with 27 loans ($3.6 million). FY2026 closes the Wooster series at 5 loans, $3.3 million. A Wooster feasibility study tests demand first, from Wayne County, OH outward, not from the area average. Wooster costs sit beside a $50,000 median. Wooster stands at 0.24x nationally. Wooster coverage cannot assume smooth sailing. Wooster floors say why. The Wooster appraisal uses area sales and income evidence. Sources and uses in Wooster must tie to bids near Wayne County, OH. Beside Wayne County, OH findings, the Wooster study lists what it could not test.
| Loans approved, FY2017 to FY2026 | 274 |
|---|---|
| Gross dollars approved | $46.6 million |
| Median loan | $50,000 |
| Middle half of loans, from | $25,000 |
| Middle half of loans, to | $149,400 |
| SBA 7(a) loans | 274 |
| SBA 504 loans | 0 |
| Franchise share of loans | 9.1% |
| Rank among metro and micro areas by loans | 262 of 928 |
| Median loan against the national median | 0.24x |
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 8.9% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | withheld |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 5.0% |
| Charged off within five years of approval | withheld |
| Loans in that cohort | 141 |
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 Wooster, OH Micro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 27 | $3.6 million |
| FY2018 | 30 | $4.1 million |
| FY2019 | 27 | $4.7 million |
| FY2020 | 21 | $2.3 million |
| FY2021 | 52 | $11.4 million |
| FY2022 | 33 | $4.7 million |
| FY2023 | 22 | $3.1 million |
| FY2024 | 25 | $2.6 million |
| FY2025 | 32 | $7.0 million |
| FY2026 | 5 | $3.3 million |
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 221 |
| Full-service restaurant | 17 |
| Hotel and motel | 6 |
| Automotive mechanical repair (car and truck) | 6 |
| Grocery store | 5 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
| Lender | Loans | Dollars |
|---|---|---|
| The Huntington National Bank | 188 | $19.2 million |
| Consumers National Bank | 15 | $1.8 million |
| PNC Bank, National Association | 10 | $610,000 |
| BayFirst National Bank | 6 | $715,000 |
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 |
|---|---|
| Wayne County, OH | 274 |
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-49300.
A worked example of the feasibility study a lender would read for a glamping resort project in Ohio, financed with a USDA Business and Industry guaranteed loan.
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Wooster, OH Micro 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.
Contact Us