Feasibility Study Data for the Bremerton-Silverdale-Port Orchard, WA Metro Area

The approval picture in Bremerton-Silverdale-Port Orchard

504 approvals within Bremerton-Silverdale-Port Orchard, WA over FY2017 to FY2026 come to $294.1 million in gross dollars. For context, Bremerton-Silverdale-Port Orchard places 164 of 928 among all core-based areas on approvals. Then, $210,000 is the typical loan; the central half lies between $50,000 and $597,750. The median in Bremerton-Silverdale-Port Orchard stands at 1.01x compared with the median nationwide, so a usual ticket lands over the country's norm. In practice, Bremerton-Silverdale-Port Orchard counts only projects inside its borders, never a state's blend: 504 loans in all.

Programs, franchises and lenders in Bremerton-Silverdale-Port Orchard

467 SBA 7(a) loans sit beside 37 loans under 504. Here, 11.3% of the loans on file carry franchisees in Bremerton-Silverdale-Port Orchard. In addition, for 7(a) lending, the biggest names by loans appear as Columbia Bank (OR) at 98 loans worth $9.2 million, KeyBank National Association with 36 loans and $10.5 million, plus Heritage Bank (WA) at 34 loans worth $13.7 million. Across 504 loans, the biggest program intermediaries by count appear as Evergreen Business Capital booking 15 loans for $6.1 million and Northwest Business Development Association at 11 loans totalling $7.1 million. Lender names come from SBA data on 504 approvals; they show completed approvals only, never the standards that lenders ask for around Bremerton-Silverdale-Port Orchard.

Where the loans sit in Bremerton-Silverdale-Port Orchard

40 for full-service restaurant, 38 for gas station and truck stop, limited-service restaurant with 15, and hotel and motel with 11 top the class table by approvals. 328 approvals lie beyond the named classes, so the 504-loan file covers more than any class table. 5 loans in fitness center within Bremerton-Silverdale-Port Orchard form too thin a base for any claim. Kitsap County carries all of 504 loans, so area and county match. Across the years, FY2017 kicks off at 53 loans and $34.8 million; FY2025 is the peak at 68 loans and $30.3 million, then FY2026 concludes the record at 61 loans and $40.5 million.

What the floors allow in Bremerton-Silverdale-Port Orchard

12.0% of FY2017 to FY2024 loans in Bremerton-Silverdale-Port Orchard were cancelled before they funded, a floor. The upper figure on this page stays withheld, so only the floor stands. Separately, 2.5% of FY2017 to FY2021 disbursed loans in Bremerton-Silverdale-Port Orchard were charged off, which is a floor, out of 204 disbursed loans. Also, a five-year figure is not released for Bremerton-Silverdale-Port Orchard, and the to-date floor stands alone. Separately, treat each share printed here as a minimum, as loans approved lately have had limited runway to fall through or default; the file has 504 loans in all. Separately, each area on the page is defined as the core-based area which includes a loan's home county, per the July 2023 definitions as adopted; project counties get matched name to name, while a project with a county cannot be assigned is left out of all areas by design. Inside and outside the classes, each approval under 7(a) or 504 in Bremerton-Silverdale-Port Orchard is added into its $294.1 million total.

The feasibility questions for Bremerton-Silverdale-Port Orchard

Around Bremerton-Silverdale-Port Orchard, a proper study for a building must begin with the subject property, instead of the 504-loan file. Worth noting: market demand in Bremerton-Silverdale-Port Orchard comes first: does Bremerton-Silverdale-Port Orchard's household base support the volume needed, net of nearby competition in and near Kitsap County? For context, the area median comes to 1.01x of the country's median, so costs here could run ahead for some trades; price the real scope against tenders from local contractors. Debt service coverage links revenue to cost in Bremerton-Silverdale-Port Orchard: projected net operating income compared with the payments due, along with a stress case. Beyond that, finally, the appraisal caps the work for Bremerton-Silverdale-Port Orchard: value as built must carry the request asked for. A borrower holding an arm's-length written study for Bremerton-Silverdale-Port Orchard, ahead of speaking with a lender, has met these rates early; approval stays with the bank and SBA for Bremerton-Silverdale-Port Orchard, not the study's author.