Feasibility Study Data for the Monroe, LA Metro Area

Monroe, LA: loan volume and median size around Monroe

SBA approved 161 loans across the Monroe, LA metro area over FY2017 to FY2026, carrying $125.5 million across every asset class. Monroe holds rank 353 of 928 against every other statistical area, Monroe among them. The local median loan is $240,000, and the central half fall from $115,000 up to $1.0 million. Monroe borrowers borrow more, with a median 1.15x of the national one. Nationally, Monroe loans run smaller than they do here.

Monroe lenders and the programs they use in Monroe, LA

145 of the Monroe approvals were 7(a) loans and 16 were 504 loans, which makes 7(a) the Monroe program most borrowers use. Loans tied to franchise systems make up 13.7% in this metro area. First Financial Bank (AR) tops the 7(a) table at 30 loans and $44.4 million, and Ouachita Valley Federal Credit Union comes second with 9 loans and $2.2 million. Centric Federal Credit Union holds 8 loans, and Readycap Lending, LLC at 8. No 504 holder in Monroe reaches the five-loan Monroe line needed to be named. Every lender Monroe row is SBA's record of holdings. First Financial Bank (AR) appears since SBA names it as the Monroe holder; no row describes how Ouachita Valley Federal Credit Union treats borrowers.

Monroe, LA: classes and counties inside Monroe

The larger share of the Monroe record falls outside the class table: 118 loans that carry codes outside the Monroe table. The Monroe class rows therefore describe a minority of Monroe lending. Among tracked classes, limited-service restaurant leads with 7 loans, ahead of hotel and motel at 6, and veterinary clinic at 5. Further down sit fitness center, 5 loans. The county table starts with Ouachita Parish, LA at 108 loans, followed by Union Parish, LA with 40, with Richland Parish, LA third at 8. Demand differs between these counties, so the Monroe figure hides some spread.

Monroe, LA: outcomes and data limits for Monroe

Looking at FY2017 to FY2024 approvals, Monroe cancellations came to at least 12.9%; no ceiling is published beside the 12.9% floor, as the Monroe number is held back at the source. The Monroe charge-off rate is withheld: too few Monroe loans reached the funded cohort, so Monroe gets no Monroe rate, and a blank never means none. FY2025 was the high point: 26 loans worth $32.3 million; the thinnest Monroe year before FY2026 was FY2022, with 10 loans for $2.6 million. Membership in the Monroe, LA metro area follows the project county: Ouachita Parish, LA, Union Parish, LA and the rest, the July 2023 Monroe delineation decides which counties belong, and an unplaced Monroe county drops its loans from Monroe and every area.

Monroe, LA: the tests a Monroe study must pass

In Monroe, a analysis should be Monroe built for the project's own Monroe county, given how unlike its Monroe counties can be. Since limited-service restaurant leads the Monroe class table, it has to examine how a brand holds up in Monroe and franchise fees against thin margins, then drive-through and counter throughput. For hotel and motel, the next Monroe class in Monroe, the issues are capital reserves for renewals and the brand and flag question. Cash flow for a Monroe loan has to survive a weak Monroe year; the Monroe collateral value needs local evidence under it. In Monroe, with larger tickets common in Monroe, the Monroe study should tie the amount to the Monroe project and not to the area.