Auto Repair Shop Feasibility Study in the Spokane-Spokane Valley, WA Metro Area

Repair shops in Spokane

On the ladder of areas Spokane sits at 73 of 660; on its own ladder of classes, automotive mechanical repair (car and truck) sits at 5 of 39. The cell counts 25 approved loans worth $11.8 million across FY2017 to FY2026. Spokane carries a location quotient of 1.08x: automotive mechanical repair (car and truck) loans claim a heavier share there than nationally. The median loan of $350,000 is 1.49x the national median over mechanical repair.

The middle half of loans spans $50,000 up to $690,600; the spread from bottom to top is wide, so tiny and large loans share the cell. The program mix is 19 under 7(a) and 6 under 504, out of 25. The franchise share is not shown. The numbers for Spokane speak to automotive mechanical repair (car and truck) loans that SBA recorded, not to demand, and a study in Spokane has to supply that evidence itself.

Years on the page

Two years are shown: FY2019 at no loans and $0 and 5 loans worth $2.7 million in FY2023. No lender is named for this cell. We do not print Spokane's both outcome rates given that the Spokane FY2017 to FY2021 set of loans includes beneath 30 loans, under Loan Analytics' own threshold for Spokane. A withheld rate in Spokane should never be read as zero.

The industry code bundles truck repair with car repair, so the cell cannot say how much of the lending went to trucks. Shops doing bodywork, paintwork, interiors, glass or quick lubes are classified elsewhere, which means a shop with a wider menu may be only partly visible here.

A Spokane area repair shop should be counted in bays and technicians, with the service mix tied to equipment cost and labour sourced. Test the payment on a loan near $350,000 and one near the Spokane band's upper edge, with a gradual ramp-up. A bought building should carry its own appraised value, kept away from the business figure. The federal county grouping defines Spokane; so loans from counties Spokane cannot place are absent from the totals.

What Spokane's numbers say

The median of $350,000 sits at 1.49x the national figure, yet the middle band starts at only $50,000, so a lender cannot read the Spokane median as a typical shop. Small loans and sizable ones coexist, and a request has to be placed by purpose. An applicant should be ready to say if the money is for working capital, equipment or real estate. The page prints one year with no loans and one with 5, and offers no lender or county rows, so it supports no comparison throughout institutions or counties.