Quick Service Restaurant Feasibility Study in the Oklahoma City, OK Metro Area

Oklahoma City: $41.2 million in limited-service restaurant loans

Over FY2017 to FY2026, Oklahoma City borrowers in limited-service restaurant drew 102 approvals summing to $41.2 million. The median loan is $267,750, with the middle half running $132,600 through $615,975. Next to the class nationally, Oklahoma City's median is 0.86x of the national median, below it.

Rank 43 of 779: mix and counties in Oklahoma City

No split between 7(a) and 504 is given for 102 Oklahoma City loans; a figure that small could identify an applicant. The franchise share, 61.8%, shows how much of the Oklahoma City class is branded. The class holds 1 of 39 among Oklahoma City industries, and Oklahoma City holds 43 of 779 among areas for limited-service restaurant. At 1.33x on the location quotient, limited-service restaurant is denser in Oklahoma City than nationwide, which may mean both depth and crowding; a study probes that. The record sits in Oklahoma County, OK, with 71 loans, and Cleveland County, OK, with 19.

Oklahoma City lenders, years and the $41.2 million record

The busiest shown year was FY2020, 15 loans and $6.5 million; the quietest was FY2026, 6 loans and $1.8 million. Thin Oklahoma City years are withheld; none of them is read as zero. In Oklahoma City, 7(a) loans sit mostly with 44 loans and $18.5 million at BancFirst. The 44 loans at BancFirst are the loans the SBA file shows as held, currently or before, and BancFirst's practices are not described. A floor of 12.9% of Oklahoma City approvals ended in cancellation across Oklahoma City, and the ceiling is withheld, not zero. The $41.2 million Oklahoma City record carries no charge-off rate, since the matching cohort is small, so the blank should not be read as zero.

What an Oklahoma City study must test at $267,750

The Oklahoma City, OK demand test weighs drive-through and counter volume, commuter flow past the site and the daypart mix, trade area by trade area across Oklahoma City. On cost, the Oklahoma City, OK study costs out a labor model for peak hours, franchise-related outlays and the equipment package against Oklahoma City lease terms and Oklahoma City contractors. Stress Oklahoma City earnings with a $132,600 loan and a $615,975 loan, then check where coverage weakens. Oklahoma City appraisers will separate the equipment package, the lease and the pad or building, so the Oklahoma City study should do the same. 102 Oklahoma City loans inform the study in Oklahoma City, but approval of any Oklahoma City, OK project rests on its own merits and its lender.

How to read Oklahoma City, OK's $41.2 million

Oklahoma City gets its 102 loans through each project's county. The July 2023 delineation puts Oklahoma County, OK inside Oklahoma City, OK, and every county is paired by name. Oklahoma City cancellation covers FY2017 to FY2024 approvals around Oklahoma City, OK; charge-offs cover FY2017 to FY2021 disbursements.