Feasibility Study Data for the Zanesville, OH Micro Area

Zanesville scale: counts, dollars and typical loans in Zanesville, OH

300 SBA approvals landed here for Zanesville projects over FY2017 to FY2026, for $50.5 million gross. By loan count, Zanesville ranks 239 of 928 against every other statistical area, Zanesville among them. A typical Zanesville loan is $71,250, while the middle half span $30,000 to $150,000. The national comparison is plain: at 0.34x of the national median. That small-loan profile is what separates the micro area from the nation.

Zanesville, OH: 7(a), 504 and the holders behind Zanesville

The micro area shows 282 loans under 7(a), against 18 under 504; in Zanesville, 7(a) bears the larger share. The franchise share of Zanesville loans is 3.7% in this micro area. The Community Bank tops the 7(a) table at 124 loans and $10.2 million; next is The Huntington National Bank, 106 loans for $7.6 million. The Park National Bank holds 13 loans, with 7 more at North Valley Bank. 504 lending here runs through Ohio Statewide Development Corporation, at 6 loans and $1.8 million, with Alloy Development Co., Inc. second at 5 loans. These are SBA's records of Zanesville loans held or once held. The Community Bank appears for the Zanesville loans SBA assigns to it; the Zanesville list neither praises nor faults any holder.

Zanesville by asset class and by county in Zanesville, OH

Most of the Zanesville total sits outside the tracked asset classes: 240 loans that carry codes outside the Zanesville table. The Zanesville class rows therefore describe a minority of Zanesville lending. Among tracked classes, automotive mechanical repair (car and truck) leads with 8 loans, then full-service restaurant with 7, and limited-service restaurant at 6. The county table starts with Muskingum County, OH at 300 loans. Demand differs between these counties, which the micro area total blends together.

Zanesville: cancellations, charge-offs and caveats in Zanesville, OH

Looking at FY2017 to FY2024 approvals, Zanesville cancellations came to at least 7.5%; counting Zanesville loans still undisbursed as cancelled lifts the Zanesville ceiling to 9.4%. Charge-offs to date are at least 0.00% for the FY2017 to FY2021 disbursed Zanesville cohort of 124 loans; within five years of approval the Zanesville rate was 0.00%. The cohort is still maturing, making these minimums with later data able merely to raise them. FY2022 was the high point: 44 loans worth $5.3 million, and the quietest Zanesville year before FY2026 was FY2018, at 11 loans and $1.9 million. A loan joins the Zanesville, OH figures through its project county, as with Muskingum County, OH or Muskingum County, OH, the 2023 Zanesville map of statistical areas sets the border, while any county the Zanesville name match misses is omitted from Zanesville.

Zanesville: testing a project in Zanesville, OH

A study for a Zanesville project has to be written for one Zanesville site and one county, because the counties inside the micro area are not alike. Automotive mechanical repair (car and truck) is the lead class in Zanesville, so it has to examine waste oil and fluid handling and technician hours as the revenue cap, then fleet and commercial account potential. A Zanesville request in full-service restaurant turn on the lunch and dinner balance, with kitchen capacity against peak service close behind. A Zanesville operator's coverage needs to sit up to a slow season; value has to be shown with comparables from the same trade area. Since Zanesville loans skew small, a bigger request must be defended with project facts.