Feasibility Study Data for the Little Rock-North Little Rock-Conway, AR Metro Area

Little Rock among metropolitan areas, ranked by 852 loans

Among metro and micro areas, Little Rock ranks 111 of 928 by loans, with 852 approvals over FY2017 to FY2026 and $459.4 million gross. Smaller tickets mark Little Rock. The Little Rock median of $180,000 is 0.87x the national figure; in Little Rock, half of loans span $53,400 to $575,750. The gap between $53,400 and $575,750 in Little Rock shows how varied borrowers are. Little Rock offers no typical loan in Little Rock.

By program, Little Rock holds 805 SBA 7(a) loans beside 47 SBA 504 loans. Franchised businesses in Little Rock make up 14.3% of loans. In Little Rock-North Little Rock-Conway, AR, classes rank hotel and motel with 30, full-service restaurant with 29 and limited-service restaurant with 28. 614 Little Rock loans belong to no tracked class. The 852 total counts them. Little Rock project locations concentrate in Pulaski County, AR with 513, Faulkner County, AR with 148 and Saline County, AR with 126 in Little Rock.

Little Rock-North Little Rock-Conway, AR: lenders behind the 852 loans

In Little Rock, each line reflects SBA's records in Little Rock of loans a lender has or had in Little Rock, per the holder field in Little Rock, so they record a portfolio only. Little Rock holders should be read that way. In Little Rock, leading SBA 7(a) holders are U.S. Bank, National Association with 114 loans worth $6.7 million; Arvest Bank with 103 loans worth $24.9 million; First Service Bank with 45 loans worth $24.2 million. In the Little Rock SBA 504 table, the leading holders are Rural Missouri, Inc. with 38 loans worth $28.8 million. The first holder in Little Rock sets the pace. Even so, a Little Rock borrower may take a study elsewhere in Little Rock.

Cancellation floor, Little Rock: 12.2% of FY2017 to FY2024 approvals in Little Rock. Unfunded loans counted as cancelled lift Little Rock to a ceiling of 12.2%. In Little Rock, SBA shows 6.2% charged off to date, a floor, among 324 loans disbursed FY2017 to FY2021; 3.4% came within five years. Little Rock approvals peaked in FY2025, at 112 loans. Loans count toward Little Rock via that county as SBA records it to the July 2023 delineation, hence a loan whose county cannot be placed sits in none of the areas. The 852 loans in Little Rock-North Little Rock-Conway, AR include those in no named class in Little Rock.

Little Rock: testing a project in Little Rock-North Little Rock-Conway, AR

Demand ranks first for Little Rock. Study the market around the exact address in Little Rock, not the metropolitan area in Little Rock, then test a late opening in Little Rock. Little Rock cost comes next. Tickets cluster near $180,000 at the median, yet rebuild the budget from quotes, adding a visible contingency for Little Rock. Debt service coverage decides Little Rock. Show coverage at the requested loan plus a case with lower revenue, saying how far Little Rock revenue can fall. Expect a Little Rock appraiser to test values in Little Rock, so the study's own comparables needs sources that survive review in Little Rock. In Little Rock, 852 loans spread over many neighbourhoods, and a Little Rock study must say which it targets. At 0.87x of the national median, Little Rock projects run modest in Little Rock. A large project must show why Little Rock can absorb its scale, against $180,000.