Feasibility Study Data for the El Paso, TX Metro Area

How big the El Paso record is

In El Paso, the SBA loan files carry 880 approvals from FY2017 to FY2026, worth $411.7 million of gross dollars. El Paso stands among every other area in the files, measured by loan count, as 109 of 928. The core of El Paso lending sits between $75,000 and $461,650, about a median near $200,000; that puts the median at 0.96x the national median. Split by program, El Paso shows 811 loans in 7(a) and 69 in 504. Franchised units took 15.7% of approvals.

El Paso: who and where

Inside the business classes tracked for El Paso, full-service restaurant heads the list with 52 loans, and then medical office (35) and dental office, 27 loans. Also 628 loans in El Paso sit outside every class.

El Paso: holders of record

Lenders named for El Paso come from SBA's own El Paso records of the 880 loans in El Paso, carried at present or before; these entries locate each position yet pass no judgment on lender standards. Also, on the 7(a) side around El Paso, the top names are Wells Fargo Bank National Association, holding 128 loans worth $26.1 million; after it, JPMorgan Chase Bank, National Association (56 loans, $15.7 million). In the same files, for El Paso loans under 504, the list reads LiftFund, Inc. (36 loans, $37.9 million), followed by Enchantment Land Certified Development Company, with 17 loans for $14.8 million. Notably, an El Paso borrower should ask any lender what evidence it requires, then build the El Paso study around it.

El Paso: what followed approval

Among El Paso approvals from FY2017 to FY2024, not below 10.4% were cancelled after approval in El Paso, and that is a floor; the true El Paso rate is no lower. Further, of disbursed El Paso loans approved from FY2017 to FY2021, 7.1% stand charged off up to now, again a floor; 3.2% had been charged off within five years of approval, among a base of 380 loans. In the yearly line, El Paso hit its high in FY2017 at 126 loans and $33.6 million, and bottomed out in FY2020 at 50 loans and $29.3 million.

El Paso: the tests ahead

In El Paso, demand comes first: who lives in El Paso, who travels in, set against the wider El Paso area, and whether full-service restaurant, with 52 loans, leaves any room. Cost next: $200,000 is the El Paso median and $75,000 to $461,650 the central range, so an El Paso site must price itself against that $200,000 marker. Coverage: El Paso repayment withstands a soft year against the 10.4% cancellation floor and 7.1% rate of charge-off. The appraisal for El Paso must support the worth assumed. El Paso relies on the July 2023 delineation; a record whose project county has no match is excluded from all other areas, El Paso too, though the totals cover loans outside the listed classes.