Auto Repair Shop Feasibility Study in the Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area

170 automotive mechanical repair (car and truck) loans in Washington-Arlington-Alexandria

The Washington-Arlington-Alexandria record for automotive mechanical repair (car and truck) totals 170 loans and $71.8 million in gross approvals across the years FY2017 to FY2026. Half of the loans sit between $62,500 and $544,500, around a $230,000 median. Next to the class nationally, Washington, DC's median is 0.98x of the national median, below it.

Where Washington-Arlington-Alexandria stands, 6 of 39 in class

In Washington the split by program reads 142 for 7(a) against 28 for 504, with 7(a) ahead. The franchise share, 7.1%, shows how much of the Washington class is branded. The class holds 6 of 39 among Washington industries, and in the national ranking of areas by loans in this class Washington stands 15 of 660. At 0.93x on the location quotient, automotive mechanical repair (car and truck) is lighter in Washington than nationwide. The busiest counties: Fairfax County, VA at 30 loans, Prince George's County, MD at 27, Montgomery County, MD at 21. The area spans DC, MD, VA and WV, so a site search crosses state lines.

Lenders and floors behind 170 Washington loans

Annual loans peak in FY2026 at 31 ($17.8 million) and bottom out in FY2022 at 10 ($5.2 million). In Washington, 7(a) loans sit mostly with Manufacturers and Traders Trust Company with 44 loans for $3.1 million; TD Bank, National Association with 10 loans for $398,000; Northeast Bank (ME) with 7 loans for $1.5 million. Manufacturers and Traders Trust Company's 44 loans are SBA's holder records here in Washington, DC. The count covers loans that bank currently holds or once held, not a view of its lending. For 504, Business Finance Group, Inc. (20 loans, $16.7 million) lead the Washington list. The Washington, DC cancellation floor is 15.4%. For this cell Loan Analytics withholds both the ceiling and a charge-off rate, and a withheld value is not zero.

The Washington study: demand, cost, coverage, appraisal at $544,500

A Washington study starts with fleet accounts against walk-in work, technician availability and the age of the local vehicle fleet; the 170-loan record cannot stand in for them. Then Washington, DC costs: the tools technicians expect, parts inventory and diagnostic equipment, each checked for Washington, DC and compared with the $230,000 median loan. Stress Washington cash flow with a $62,500 loan and a $544,500 loan, then check where coverage weakens. Washington appraisers will value lifts and equipment, owner-linked goodwill and the shop building one at a time, so the Washington, DC study ought to do the same. 170 Washington loans inform the study, but approval of any Washington, DC project turns on that project and its lender, not on the $230,000 median.

How to read Washington, DC's $71.8 million

Washington, DC gets its 170 loans through each project's county. Matching Fairfax County, VA and its neighbors to Washington, DC uses names under the July 2023 delineation. SBA's code blends truck and car service, so the 170 loans around Washington omit body, paint and glass work yet cannot separate fleets. Washington-Arlington-Alexandria cancellation covers FY2017 to FY2024 approvals around Washington-Arlington-Alexandria; charge-offs cover FY2017 to FY2021 disbursements.