Feasibility Study Consultant in Huntington, WV: SBA and USDA

A feasibility study in Huntington, WV is read by a lender or a Certified Development Company before anyone else. In fiscal year 2025 this metro recorded 41 SBA 7(a) approvals for $15,373,400, and its residents split West Virginia 50.7%, Kentucky 34.1%, and Ohio 15.2% across a state line that changes the inputs. One rule a lender meets here: The Kentucky side of the metro carries a single state sales tax rate.

The Huntington-Ashland, WV-KY-OH metro is home to about 366,920 residents per the U.S. Census Bureau Population Estimates, led by Cabell County, WV at 91,489; Putnam County, WV at 57,067; Lawrence County, OH at 55,829; Boyd County, KY at 47,777. West Virginia counties hold 186,145 of them, 50.7% of the metro; Kentucky counties 124,946, 34.1%; Ohio counties 55,829, 15.2%.

A national template prices this metro on its 366,920 residents and stops there. The rule below comes from the Kentucky Department of Revenue, and it changes a line of the model before a lender reads it.

The Kentucky side of the metro carries a single state sales tax rate. The Huntington-Ashland, WV-KY-OH metro reaches into Kentucky through Boyd, Greenup, Carter and Lawrence counties. On that side of the line the Kentucky Department of Revenue gives one state rate of 6 percent for sales and use tax, and it says plainly that Kentucky has no local sales and use taxes, so no Kentucky city or county adds a layer of its own. The West Virginia and Ohio sides of the metro set their own state rates and their own local layers, which the Kentucky page does not give. For a hotel or restaurant study the state of the site therefore decides the sales tax line: a Kentucky site carries one rate, and a site across the river needs the West Virginia or Ohio figures sourced before the pro forma is built. The Kentucky page names Kentucky Revised Statutes Chapter 139 and Kentucky Administrative Regulations Title 103 as the governing law.

Nationally, the U.S. Small Business Administration closed fiscal year 2025 having guaranteed 84,400 7(a) and 504 loans for $44.8 billion. This page computes the Huntington, WV share from the SBA's own 7(a) and 504 FOIA release, as of June 30, 2026, by member county rather than by district office: in fiscal year 2025 the metro's eight counties recorded 41 SBA 7(a) approvals for $15,373,400 and 1 SBA 504 approvals for $681,000.

In fiscal year 2025 the 7(a) approvals here came from The Huntington National Bank (15 loans, $1,857,700), Community Trust Bank, Inc. (6 loans, $2,099,000), and Northeast Bank (6 loans, $957,600), listed by approval count with the names as the SBA released them. The 504 approvals that year went through Alloy Development Co., Inc. (1 loan). The SBA's district office field reads West Virginia District Office on 24 of the 41 fiscal year 2025 7(a) rows, 58.5%, and Kentucky District Office on 12 and Columbus District Office on 5.

Across fiscal years 2010 to 2026 disbursed, the ten asset classes tracked here account for 66 7(a) loans for $40,853,600 and 2 504 loans for $1,919,000 in this metro. In fiscal year 2025 alone those classes took 4 7(a) and 504 approvals for $6,105,200. The table sets out each class; a cell under five loans is not shown, and a charge-off rate is printed where 30 or more loans have resolved and left blank below that.

USDA Business and Industry and USDA Community Facilities credit runs on a statutory geography rather than on a county line. Under 7 U.S.C. 1991(a)(13)(A) the terms rural and rural area mean any area other than a city or town that has a population of greater than 50,000 inhabitants and any urbanized area contiguous and adjacent to such a city or town. The test turns on the subject address and the urbanized-area boundary around it, not on the name of a county or a metro. For a project in Huntington, WV the address decides it. The metro spans eight counties in three states, from Cabell County, WV at 91,489 residents to Lawrence County, KY at 15,798, and an urbanized-area boundary follows the census map rather than any county line. MMCG checks the subject address against the USDA Rural Development eligibility map at intake, before work on the study begins, and this page names no town as eligible.

A hotel feasibility study in Huntington, WV starts from the metro's own SBA record. Across fiscal years 2010 to 2026 disbursed, hotels and motels account for 12 7(a) loans for $18,820,400 and fewer than five 504 loans here, $18,820,400 in all. Full and limited service restaurants come to $13,833,200 over the same years.

These are the points an underwriter in Huntington, WV reads before the rest of the file. Each traces to a government publisher or to the SBA's own file.

MMCG starts from the project address, the asset class and the lender or Certified Development Company contact. The address settles the state, the county and the rules set out above; the asset class sets which part of the SBA record applies.

The report names its sources the way this page does: the Kentucky Department of Revenue, the SBA FOIA release, and the Census Bureau's population estimates. The method is set out in full in MMCG's feasibility study methodology.

MMCG Invest, LLC is a feasibility study consultancy that specializes in SBA and USDA feasibility studies for lenders, Certified Development Companies, USDA Rural Development guaranteed lenders and the borrowers they serve, with Huntington, WV among the markets it covers. The practice is led by Michal Mohelsky, J.D., FMVA, Practicing Affiliate of the Appraisal Institute. Reports are prepared under SBA SOP 50 10 8.1 for 7(a) and 504 files and under 7 CFR Part 5001 for USDA files, and each one states which schedule, rate and boundary it relied on so a credit officer can check the work. Pricing starts at $4,900, standard delivery runs 9 to 16 business days, a rush track delivers in 5 business days, and every inquiry receives a response within 12 business hours.