Quick Service Restaurant Feasibility Study in the Las Vegas-Henderson-North Las Vegas, NV Metro Area
What SBA's own loan files show about limited-service restaurant lending in the Las Vegas-Henderson-North Las Vegas, NV Metro Area, and what a feasibility study for a project there has to test.
A single-county franchise market
All 200 quick-service loans around Las Vegas and Henderson trace to Clark County, so Clark County is the whole market here. Approvals ran from FY2017 through FY2026 and total $92.1 million gross. The area is 25 of 779 nationally for the class, and the class stands 2 of 39 here in Nevada. A location quotient of 1.21x signals concentration above the national share, and the franchise share of 54.5% shows how much of the book rides on brand systems.
The median loan is $379,600, 1.22x the national class median; quartiles at $150,000 and $598,125. Loan Analytics withholds the program counts for Las Vegas, so no 7(a) or 504 figure appears. Several yearly trend values are withheld too, which is why this page quotes no annual series. What remains is a single-county record with a franchise share of 54.5%.
Holders
Banks and credit unions: U.S. Bank, National Association (17 loans, $606,700); America First Federal Credit Union (15 loans, $7.4 million); The Huntington National Bank ($2.8 million across 11 loans); JPMorgan Chase Bank, National Association ($2.9 million across 5 loans); Western Alliance Bank (5 loans, $2.7 million). Development companies: The Mortgage Capital Development Corporation (10 loans, $5.8 million); Nevada State Development Corporation (6 loans, $5.7 million). The first bank has the most loans yet the smallest dollars. Everything listed is an SBA record of holdings and not a signal about future decisions.
What is not published
For this cell Loan Analytics withholds the cancellation figure and the charge-off figure because the cohorts are too small, so no number is printed for either and do not treat either as zero. A lender evaluating a Las Vegas request therefore has no loss floor from this record and should lean on the borrower's own evidence.
A study should test traffic from resident and visitor flows along the Clark County corridors, the drive-through lane, the franchise fee structure and its effect on coverage, labor availability, and a loan near $379,600. It should also be candid that this cell gives no loss or cancellation floor to lean on, so the evidence has to come from the project itself. Every one of the 200 loans carries Clark County as its project county, matched to the July 2023 delineation; an unreadable county on a quick-service loan would drop it from the metro, which keeps 200 a minimum.
SBA limited-service restaurant loans in the Las Vegas-Henderson-North Las Vegas, NV Metro Area
| Loans approved, FY2017 to FY2026 | 200 |
|---|---|
| Gross dollars approved | $92.1 million |
| Median loan | $379,600 |
| Middle half of loans, from | $150,000 |
| Middle half of loans, to | $598,125 |
| SBA 7(a) loans | withheld |
| SBA 504 loans | withheld |
| Franchise share of loans | 54.5% |
| Rank among metro and micro areas for limited-service restaurant loans | 25 of 779 |
| Rank of limited-service restaurant among the classes in this area | 2 of 39 |
| Location quotient (share of loans against the national share) | 1.21x |
| Median loan against the national median for the class | 1.22x |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | withheld |
|---|---|
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | withheld |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
SBA limited-service restaurant loans approved in the Las Vegas-Henderson-North Las Vegas, NV Metro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 18 | $8.9 million |
| FY2018 | 23 | $11.1 million |
| FY2019 | 26 | $10.8 million |
| FY2020 | withheld | withheld |
| FY2021 | 18 | $9.2 million |
| FY2022 | withheld | withheld |
| FY2023 | 20 | $11.3 million |
| FY2024 | 23 | $11.1 million |
| FY2025 | withheld | withheld |
| FY2026 | withheld | withheld |
Most active SBA lenders
| Lender | Loans | Dollars |
|---|---|---|
| The Mortgage Capital Development Corporation | 10 | $5.8 million |
| Nevada State Development Corporation | 6 | $5.7 million |
| Lender | Loans | Dollars |
|---|---|---|
| U.S. Bank, National Association | 17 | $606,700 |
| America First Federal Credit Union | 15 | $7.4 million |
| The Huntington National Bank | 11 | $2.8 million |
| JPMorgan Chase Bank, National Association | 5 | $2.9 million |
| Western Alliance Bank | 5 | $2.7 million |
Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.
Where the loans are, by county
| County | Loans |
|---|---|
| Clark County, NV | 200 |
Counties with 5 or more loans; smaller ones are not listed.
Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MA-29820-C35.
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Loan Analytics prepares the feasibility study a lender reads before it commits: for a limited-service restaurant project in the Las Vegas-Henderson-North Las Vegas, NV Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
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