SBA 7(a) Liquor Store Feasibility Study in Washington

Size, rank and loan sizes of Washington liquor store lending under SBA 7(a)

$10.9 million in gross dollars, spread over 27 loans in the 7(a) program for liquor store projects in Washington, is what SBA approved in Washington from FY2017 to FY2026. Washington's liquor store book under SBA 7(a) ranks 29 across the states on loan count, while liquor store is 22 of 39 among Washington's asset classes. The median liquor store loan in Washington is $224,000; against the national median for liquor store loans under SBA 7(a), 0.51x is the ratio, so Washington clients use smaller loans than the nation does. Between $50,000 and $556,000 sits half of the loans across Washington. Franchised applicants account for 0.00% of the 27 loans. Neither the $224,000 median nor any other metric for Washington liquor store loans stands out from both parents, so Washington's institutions, counties and years carry the liquor store page.

For Washington liquor store: lenders and local spread

By county, King with 12, Pierce with 4, Snohomish with 4 and Benton with 1 top the liquor store approvals in Washington. On the calendar for Washington, approvals peaked at 7 loans, worth $3.7 million, in FY2017, and FY2026 brings 2 loans worth $109,500 as the most recent year shown.

Washington: outcomes, read as minimums for liquor store

Cancellation after approval is not printed for Washington liquor store, since the Washington cohort holds too few liquor store loans for a rate; a liquor store blank for Washington means withheld, never a zero. For Washington liquor store loans disbursed in FY2017 to FY2021, the Washington liquor store loss rate is withheld; too few loans sit in that Washington cohort to support a figure, so none is given for Washington, and nothing here implies a zero for liquor store. Each Washington liquor store rate above is a minimum, since undisbursed liquor store loans can yet change. No separate coding limit is recorded for liquor store, but SBA assigns Washington industries by code, and a liquor store operator in Washington may be filed under another class than liquor store.

What a Washington liquor store study must prove

Under 7(a), a Washington liquor store request is judged by the Washington originating lender, whose partly backed liquor store loan depends on Washington cash flow and the real estate the Washington study has to document. Sales at a Washington liquor store rest on state licensing rules, household counts and the competing outlets. Initial inventory, coolers and licence steps belong inside the Washington liquor store plan. The coverage test must run on $224,000 and as well at $556,000, plus a slower case, so a Washington lender sees where liquor store the margin thins. Appraisal of liquor store real estate in Washington turns on occupancy cost relative to revenue.

Loan Analytics presents the 27 Washington approvals as SBA's Washington files, not a prediction for any liquor store project; a liquor store study signed by Daniel Smith, MAI, addresses Washington conditions directly, and Washington approvals assure nothing.