Feasibility Study Data for the Lawrence, KS Metro Area

The scale of lending near Lawrence

From FY2017 to FY2026, SBA approved 193 loans for projects in Lawrence, with a combined value of $92.1 million in gross dollars. Lawrence sits against all such areas nationwide, by loans, at 317 of 928. The core of Lawrence lending sits between $80,000 and $508,000, and a median near $234,000; and the median sits at 1.13x the national median. By program, Lawrence shows 157 loans under 7(a) against 36 under 504. Franchise brands account for 14.5% of approvals.

Lawrence: where loans cluster

Inside the listed classes we list for Lawrence, limited-service restaurant stands on top with 14 loans, and then liquor store (11) and automotive mechanical repair, 5 loans. Another 125 loans in Lawrence fall outside the classes. Every loan in Lawrence falls in Douglas County, KS, at 193 loans, which makes a feasibility study around Lawrence a one-county exercise.

Lawrence: institutions behind approvals

Names listed for Lawrence are read from SBA's published Lawrence records of the 193 SBA loans in Lawrence, by present or former holder; the entries tie each holding yet pass no judgment on lender practice. Next, on the 7(a) side around Douglas County, KS, SBA lists U.S. Bank, National Association, holding 16 loans worth $492,400; after it, Capitol Federal Savings Bank (10 loans, $1.4 million). For 504 lending around Douglas County, KS, the records show Wakarusa Valley Development, Inc. ($14.8 million across 27 loans). An applicant near Douglas County, KS may ask the leading Lawrence holder U.S. Bank, National Association or other Lawrence holders near Douglas County, KS what paperwork it expects, then write the Lawrence study to meet those requests.

Lawrence: what followed approval

Among Lawrence approvals from FY2017 through FY2024, not below 9.4% were cancelled after approval in Lawrence, and that is a floor; the full Lawrence figure may be higher. Separately, any charge-off rate for Douglas County, KS is not given here, for too few Lawrence loans funded. That gap, in Douglas County, KS, should never be read as a clean record. Over the decade, Lawrence peaked in FY2017 at 24 loans and $7.6 million, and reached its trough in FY2026 at 11 loans and $6.0 million.

Lawrence: testing a project

The Lawrence study starts with customers: who works in Douglas County, KS, who travels in, how that compares with Lawrence overall, and whether limited-service restaurant, with 14 loans, leaves any room. On cost: $234,000 is the Lawrence median and $80,000 to $508,000 the middle half, so a Douglas County, KS site must price itself against this $234,000 midpoint. Repayment: Lawrence coverage withstands a sluggish year against with the 9.4% cancellation rate and charge-off floor for Lawrence, which is also not published on a thin cohort. The appraisal for Lawrence needs to agree with the value financed. Lawrence relies on the July 2023 delineation; any loan whose home county fails to match falls out of any area, Lawrence too, yet the totals carry loans sitting outside the class list.