Feasibility Study Data for the Oxnard-Thousand Oaks-Ventura, CA Metro Area

A single-county market with large tickets

Oxnard-Thousand Oaks-Ventura is Ventura County and nothing else: all 1,894 placed loans sit there. Across FY2017 to FY2026 SBA approved those loans for $1.20 billion gross, rank 56 of 928 on loan count, with 1,513 under 7(a) and 381 under 504. Oxnard's median loan is $312,500, which is 1.50x the national number; Oxnard's central half of loans runs $114,050 to $775,000. Franchises account for 8.6% of loans. Because the area is one county, county choice is not a variable here, which makes site-level work in the study all the more important.

Named classes in Oxnard begin with full-service restaurant at 99 loans, then limited-service restaurant at 55, automotive mechanical repair at 44, fitness center at 38 and dental office at 37. Another 1,408 loans fall outside the named classes. Annual volume was 200 loans and $115.6 million in FY2017, dipped to 146 loans in FY2020, peaked at 271 loans and $150.8 million in FY2025, and ended at 202 loans and $120.3 million in FY2026, almost level with the start.

Lenders on record

On the Oxnard 7(a) side U.S. Bank, National Association is first (208 loans, $73.7 million), Wells Fargo Bank National Association second (105 loans, $30.6 million), and JPMorgan Chase Bank, National Association third (82 loans, $24.1 million). For 504, CDC Small Business Finance Corp. holds 142 loans and $137.3 million and California Statewide Certified Development Corporation 77 loans and $74.7 million. Those are loans each name holds or held, nothing more, and the page does not suggest how any of them lends today.

Oxnard floors and the Oxnard study

Of FY2017 to FY2024 approvals in Oxnard-Thousand Oaks-Ventura, at least 13.0% were cancelled after approval, and 13.9% counting undisbursed loans. Oxnard's funded cohort is 748 loans; charge-offs there have reached 4.7% or more, 3.5% within five years, and both are floors. Oxnard-Thousand Oaks-Ventura takes its shape from the July 2023 delineation applied to each project's county by name, and an Oxnard loan with an unplaceable county is excluded. A study for a project here should test local demand for the specific business, construction or purchase cost at larger ticket sizes, coverage on conservative revenue and an appraisal tied to nearby comparables. A dental office or auto shop needs its own capacity tests, a restaurant its sales per seat. Daniel Smith, MAI, signs the study.