Feasibility Study Data for the Kenosha, WI Metro Area

Kenosha, WI in the national count, 345 loans

SBA files rank Kenosha 215 of 928 by loans: 345 approvals in FY2017 to FY2026, $204.0 million gross. Median loan: $212,400 in Kenosha, 1.02x the national median. That makes Kenosha a larger-ticket market. In Kenosha, the middle half of in Kenosha loans runs from $100,000 to $682,000. Because $100,000 and $682,000 frame the middle half, a Kenosha borrower should weigh any Kenosha request against $212,400.

Program mix in Kenosha: 290 under SBA 7(a) and 55 under SBA 504. As SBA flags them, 16.8% of Kenosha loans are franchise loans. Asset by asset, Kenosha shows full-service restaurant with 21, gas station and truck stop with 13 and hotel and motel with 9. A further 241 Kenosha loans sit in no named class in Kenosha. The class lines for Kenosha therefore never sum to 345. All Kenosha loans trace to Kenosha County, WI, with 345 approvals, so Kenosha behaves as a one-county market in Kenosha.

Kenosha, WI lender names, as SBA lists them in Kenosha

In Kenosha, lender lines come from what SBA reports on loans a lender holds or once held in Kenosha, per holder field in Kenosha, so they record a portfolio only. Kenosha holders should be read that way. The Kenosha SBA 7(a) table opens with U.S. Bank, National Association with 47 loans worth $16.5 million; Community State Bank (WI) with 41 loans worth $10.6 million; First American Bank (IL) with 24 loans worth $7.2 million. Under SBA 504, Kenosha lists Racine County Economic Development Corporation with 27 loans worth $17.6 million; WBD, Inc. with 20 loans worth $20.9 million first. In Kenosha, concentration among top holders says little. A Kenosha study should stand on evidence alone in Kenosha.

Of Kenosha approvals from FY2017 to FY2024 in Kenosha, at least 12.4% were cancelled after approval. One more Kenosha figure, a ceiling treating undisbursed approvals as cancelled is withheld, Kenosha having too few. Kenosha charge-offs to date, for the cohort funded in Kenosha in FY2017 to FY2021 is suppressed for lack of enough loans; this page prints nothing for Kenosha, not zero. Kenosha's busiest printed year was FY2025, with 46 loans. Boundaries for Kenosha come from project county, found by name lookup under the July 2023 delineation, which means any loan whose county is unplaceable falls outside every area. The 345 loans in Kenosha, WI include 241 that sit in no named class.

Kenosha, WI: questions a study has to answer for Kenosha

The Kenosha test begins with demand. Map who lives and works near one site in Kenosha, not the metropolitan area average, and stress the first year in Kenosha. After demand, Kenosha cost. Loans near $212,400 are common, still quotes and comps in Kenosha must drive it in Kenosha, with Kenosha fees and reserves itemised in Kenosha. Coverage of debt service is the Kenosha test. Compute the ratio at the planned loan as well as in Kenosha under a downside case, saying how far Kenosha revenue can fall. The Kenosha appraisal is the final gate: so the cost-to-value in Kenosha story has to be documented for Kenosha. Inside Kenosha, WI, submarkets differ widely. Its 345 loans average across them all, so a Kenosha study must name the Kenosha submarket it means. With the median at 1.02x the national level, a smaller Kenosha project may look unusual in Kenosha. The study should explain its sizing for Kenosha against $212,400.