Feasibility Study Data for the Reno, NV Metro Area

Reno, NV: SBA lending volume and loan size in Reno

Ranked 79 of 928 by loans, Reno drew 1,250 approvals between FY2017 and FY2026, $792.6 million gross. A median of $300,000 in Reno sits at 1.44x the national median, above the usual ticket. Reno loans in the middle in Reno half fall from $100,000 to $753,375. With $100,000 and $753,375 bounding the middle half in Reno, no single benchmark fits every project in Reno.

In Reno, 952 approvals are SBA 7(a) loans; 298 are SBA 504 loans. Reno franchise share of loans is 12.6%. In Reno, classes read full-service restaurant with 46, fitness center with 42 and limited-service restaurant with 41. In Reno, outside the tracked classes, 886 loans make up the rest of the 1,250. Geography inside Reno: Washoe County, NV with 1,143, Lyon County, NV with 96 and Storey County, NV with 11 in Reno.

Reno, NV: who holds the loans, 1,250 in all

In Reno, holder lines build on SBA's file in Reno view of loans a firm carries or carried, as current holder, so they measure books, not rules. Reno holders should be read that way in Reno. The largest Reno holders under SBA 7(a) in Reno are U.S. Bank, National Association with 115 loans worth $33.4 million in Reno; Wells Fargo Bank National in Reno Association with 99 loans worth $40.0 million; Zions Bancorporation, National Association with 78 loans worth $18.8 million. Reno SBA 504 list starts with Nevada State Development Corporation with 189 loans worth $147.5 million; California Statewide Certified Development Corporation with 72 loans worth $67.5 million; The Mortgage Capital Development Corporation with 29 loans worth $39.9 million. In Reno, the top holder leads the rest. A Reno borrower may still approach any lender in Reno.

SBA's files show 10.5% of FY2017 to FY2024 approvals in Reno cancelled, a floor. Reno reaches a ceiling of 11.9% if undisbursed loans count as cancelled. Among 475 Reno loans disbursed FY2017 to FY2021, SBA shows 3.8% charged off so far in Reno, a floor in Reno, and withholds the five-year rate in Reno. Of the printed Reno years, FY2025 leads with 187 loans. Each loan lands in Reno by the county of the project, matched to the July 2023 delineation, hence every loan lacking a usable county appears in no area. The 1,250 loans in Reno, NV include those in no named class in Reno.

Reno, NV: what the record asks of a Reno feasibility study

Demand leads the Reno list. Size the real catchment of the exact address in Reno, not the metropolitan area in Reno, with a cautious ramp shown in Reno. Project cost follows in Reno. $300,000 is the median ticket in Reno, a guide in Reno, yet rebuild the budget from quotes, plus working capital and reserves in Reno. Serviceability is the heart of Reno. Test coverage at the requested size then in a stress case, since approval is no guarantee in Reno. Reno appraisers challenge weak assumptions, so any rent figure should be verifiable in Reno. In Reno, 1,250 loans spread over many neighbourhoods, and a Reno study must say which it targets. With Reno at 1.44x the national median in Reno, projects run large in Reno. The study must justify its project for Reno against $300,000.