Feasibility Study Data for the Knoxville, TN Metro Area

Knoxville, TN: volume and loan size, median $279,000

Knoxville stands 103 of 928 by loans, drawing 917 SBA approvals over FY2017 to FY2026, $555.6 million gross. In Knoxville, $279,000 is the median loan, 1.34x the national median. Half of Knoxville loans sit between $100,000 and $763,000, larger tickets than the national norm in Knoxville. Lenders working Knoxville see tickets from $100,000 to $763,000 most often. A Knoxville study should place its in Knoxville project inside that $100,000 to $763,000 range in Knoxville.

In Knoxville, SBA 7(a) carries 876 loans and SBA 504 carries 41. In Knoxville, franchise brands account for in Knoxville 23.8% of the loans. In Knoxville, leading classes: full-service restaurant with 41 in Knoxville, limited-service restaurant with 41 and coffee shop and snack bar with 26. Another 641 approvals fall in no named class, so Knoxville totals 917 loans, more than its classes combined. In Knoxville, the counties carrying most volume are Knox County, TN with 641, Blount County, TN with 123 and Loudon County, TN with 48 in Knoxville.

Knoxville: holders of SBA loans in Knoxville, TN

In Knoxville, lender lines come from SBA's reporting on loans a holder carries or carried, as current holder, so no underwriting can be read. Knoxville holders should be read that way in Knoxville. Heading the Knoxville SBA 7(a) list in Knoxville: U.S. Bank, National Association with 119 loans worth $17.4 million; Pinnacle Bank (TN) with 56 loans worth $74.0 million; The Huntington National Bank with 51 loans worth $13.9 million. The Knoxville SBA 504 side shows Brightbridge, Inc. with 35 loans worth $37.3 million. In Knoxville, the top holder leads the rest. A Knoxville borrower may still approach any lender in Knoxville.

Among Knoxville approvals of FY2017 to FY2024, 10.1% were cancelled after approval, a floor. A Knoxville ceiling, counting undisbursed loans as cancelled, is 11.8%. In Knoxville, 4.3% of the 346 loans disbursed in FY2017 in Knoxville to FY2021 are charged in Knoxville off to date in Knoxville, a floor in Knoxville; the five-year measure is withheld. Knoxville trend: the busiest year is FY2025, at 158 loans. Boundaries for Knoxville come from whichever county the project names to the July 2023 delineation, hence this loan, if its county is blank goes uncounted in any area. The 917 loans in Knoxville, TN include those in no named class in Knoxville.

Knoxville: what a project study must test, per Knoxville, TN

The Knoxville test begins with demand. Show the draw of the exact address, not the metropolitan area in Knoxville, and let revenue survive a slow ramp in Knoxville. After demand, Knoxville cost. The norm of $279,000 is only a guide, yet rebuild the budget from quotes, also equipment and fees itemised for Knoxville. The Knoxville loan has to be serviceable. Run the ratio at the proposed amount plus a case with lower revenue, naming the cushion left in Knoxville. Appraisal closes the loop in Knoxville, so the study's in Knoxville rent and caps needs sources that survive review in Knoxville. Inside Knoxville, TN, submarkets differ widely. Its 917 loans average across them all, so a Knoxville study must name the Knoxville submarket it means. With Knoxville at 1.34x the national median in Knoxville, projects run large in Knoxville. The study must justify its project for Knoxville against $279,000.