Feasibility Study Data for the Casper, WY Metro Area

What SBA's own loan files show about lending in the Casper, WY Metro Area, every asset class together, and what a feasibility study for a project there has to test.

Casper: the size of the record

For Casper, SBA shows $74.2 million on 128 loans, FY2017 to FY2026. By loan count, Casper stands 414 of 928 among all areas. Half the Casper loans are $243,000 or smaller. $100,000 to $494,750 spans the Casper middle half. Against the national median, Casper comes to 1.17x. In Casper, 96 loans were 7(a) and 32 were 504. Franchise brands account for 10.9% of Casper loans. $74.2 million is the Casper dollar total.

Casper: classes and counties

Class by class, Casper shows hotel and motel (9) on top. 97 loans in Casper fit no class, so Casper class patterns say less. SBA locates every Casper loan in Natrona County, WY, 128 in all.

Casper: SBA holders

Casper holders are not always Casper originators. Casper holders under 7(a) include First Interstate Bank (9 loans, $1.4 million) and Celtic Bank Corporation (7 loans, $9.2 million). Casper 504 holders include 18 loans at Wyoming Capital Access ($13.9 million). Casper rows serve a borrower as background. The Casper rows are silent on holder terms.

Casper: cancellations and charge-offs

Casper cancellation, FY2017 to FY2024 approvals: 12.8%. It is a floor for Casper. The ceiling is withheld for Casper: Casper loans are few. A rate needs more Casper disbursed loans. Casper charge-offs are withheld, not zero. Casper rates are floors. Loans season, and Casper events can still raise them. Casper is built from county names. For Casper, the July 2023 list governs. Casper omits loans with no county match. Casper totals count loans outside the tracked classes.

Casper: what a study has to test

Casper volume ranged from 6 loans in FY2017 to 21 in FY2025, the latter for $4.9 million. FY2026 closes the Casper series at 21 loans, $15.2 million. A Casper feasibility study tests demand first, from Natrona County, WY outward, not from the area average. The Casper median is $243,000. Set Casper budgets beside it; nationally it is 1.17x. A Casper study runs coverage on a slow ramp. Casper history of cancellations argues for it. Casper appraisal evidence comes from area sales. Casper income evidence sits beside it. Absorption near Natrona County, WY is tested for Casper on a slow case. Beside Natrona County, WY findings, the Casper study lists what it could not test.

SBA loans in the Casper, WY Metro Area

Loans approved, FY2017 to FY2026128
Gross dollars approved$74.2 million
Median loan$243,000
Middle half of loans, from$100,000
Middle half of loans, to$494,750
SBA 7(a) loans96
SBA 504 loans32
Franchise share of loans10.9%
Rank among metro and micro areas by loans414 of 928
Median loan against the national median1.17x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)12.8%
The same, counting loans still undisbursed as cancelled (a ceiling)withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA loans approved in the Casper, WY Metro Area, by fiscal year

0510152025FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026Loans, FY2017: 6Loans, FY2018: 9Loans, FY2019: 11Loans, FY2020: 11Loans, FY2021: 13Loans, FY2022: 10Loans, FY2023: 12Loans, FY2024: 14Loans, FY2025: 21Loans, FY2026: 21
Fiscal yearLoansDollars
FY20176$2.9 million
FY20189$3.4 million
FY201911$5.1 million
FY202011$6.5 million
FY202113$10.0 million
FY202210$3.2 million
FY202312$13.8 million
FY202414$9.2 million
FY202521$4.9 million
FY202621$15.2 million

Loans by asset class

Asset classLoans
Not in any of the 39 asset classes97
Hotel and motel9

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Most active SBA lenders

SBA 504: lenders by loans approved (the current holder of each loan, as SBA reports it)
LenderLoansDollars
Wyoming Capital Access18$13.9 million
SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
LenderLoansDollars
Northeast Bank (ME)12$2.0 million
First Interstate Bank9$1.4 million
Platte Valley Bank (WY)9$869,000
Celtic Bank Corporation7$9.2 million
Newtek Bank, National Association7$2.5 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

CountyLoans
Natrona County, WY128

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-16220.

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Casper, WY Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

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