Feasibility Study Data for the Carson City, NV Metro Area

The scale of lending near Carson City

Across Carson City, the agency's approval files list 167 approved loans over FY2017 through FY2026, totalling $123.3 million in gross dollars. Carson City ranks against the full set of areas, by loans, at rank 349 of 928. The central half of Carson City approvals spans $70,000 to $947,250, around a median of $297,000; that puts the median at 1.43x the nationwide median. In Carson City the program mix is 136 loans in 7(a) against 31 under 504. Franchised units took 12.0% of the record.

Carson City: classes and counties

Beyond that, across the tracked classes we list for Carson City, full-service restaurant comes first with 7 loans, and then hotel and motel with 6 and medical office with 5. Also 121 loans in Carson City sit outside every class. Every loan in Carson City falls in Carson City, NV, at 167 loans, which makes our work around Carson City a matter of one county only.

Carson City: lenders on record

Institutions named for Carson City appear in SBA's published Carson City records of the 167 SBA loans in Carson City, by present or former holder; the records show each position though offer nothing on lender practice. Besides, in the 7(a) program near Carson City, NV, SBA lists U.S. Bank, National Association ($3.3 million across 23 loans); next, Wells Fargo Bank National Association, holding 15 loans worth $7.1 million. Under 504 in Carson City, SBA names Nevada State Development Corporation, holding 25 loans worth $25.8 million. An applicant in Carson City is free to ask the leading Carson City holder U.S. Bank, National Association or other Carson City holders near Carson City, NV what paperwork it requires, then shape the Carson City study to satisfy those requests.

Carson City: loss floors and years

Looking at Carson City approvals from FY2017 through FY2024, not below 12.6% were cancelled after approval in Carson City, which is a floor; the true Carson City figure can only be higher. Next, a loss rate from charge-off for Carson City is not shown on this page, since too few Carson City loans funded. That omission, near Carson City, NV, should never be read as no losses. Notably, across the years, Carson City reached its high in FY2018 at 22 loans and $7.2 million, and dipped to its lowest in FY2020 at 10 loans and $5.9 million.

Carson City: what a study tests

In Carson City, demand comes first: who shops in Carson City, NV, who visits from nearby, measured against Carson City as a whole, and how much room 7 full-service restaurant loans leave. Budget: $297,000 is the Carson City median and $70,000 to $947,250 the central range, so a Carson City, NV site should cost itself against this $297,000 median. Then coverage: Carson City coverage survives a slow year against with the 12.6% cancellation floor with the charge-off rate for Carson City, which is also held back as its cohort is small. The Carson City appraisal has to support the figure lent against. Carson City follows the 2023 July definition; a loan whose county entry fails to match falls out of each area, Carson City included, but the totals count loans sitting outside the named classes.