Feasibility Study Data for the Spokane-Spokane Valley, WA Metro Area

How big lending runs in Spokane-Spokane Valley

1,337 loans inside Spokane-Spokane Valley, WA over FY2017 to FY2026 add up to $647.0 million in gross dollars. Then, Spokane-Spokane Valley stands at 76 of 928 in the field of the full set of core-based areas by loan count. Also, $193,000 marks the midpoint; the middle half extends from $50,000 to $524,000. Locally the median is 0.93x of the national median, which puts ticket size short of the figure for the nation. Then, Spokane-Spokane Valley reads only the counties in its area, never the mix a statewide page shows: 1,337 approvals overall.

Who finances projects in Spokane-Spokane Valley

1,235 7(a) approvals sit beside 102 loans under 504. In addition, 9.9% of the loans on file belong to franchisees in this area. In turn, across 7(a) cases, the biggest lenders by approvals come out as Washington Trust Bank with 153 loans for $52.2 million, Banner Bank holding 142 loans for $26.7 million, plus Numerica CU with 98 loans and $31.5 million. For context, under 504 loans, the leading program intermediaries on loan count are Northwest Business Development Association holding 49 loans for $38.1 million and Evergreen Business Capital holding 30 loans worth $32.4 million. Then, these names are taken from SBA's own records for 1,337 loans; they show loans approved and no more, never what lenders require near Spokane-Spokane Valley.

Counties, classes and yearly volume in Spokane-Spokane Valley

Full-service restaurant at 65, limited-service restaurant at 35, fitness center at 29, and 29 in coffee shop and snack bar lead the named classes. Beyond that, 991 approvals lie outside all named classes, so its $647.0 million total reaches beyond what the classes show. In practice, 7 approvals in veterinary clinic within Spokane-Spokane Valley are too few to show a trend. Looking at counties, Spokane County (1,238) followed by Stevens County (99) head the county list. Here, year by year, FY2017 opens at 130 loans and $55.1 million; FY2025 is the peak at 172 loans and $79.6 million, and FY2026, a complete fiscal year, caps the run at 148 loans and $72.7 million.

Cancellations, charge-offs and what rates cannot say in Spokane-Spokane Valley

7.6% among FY2017 through FY2024 approvals in Spokane-Spokane Valley were cancelled before disbursement, which is a floor; 8.3% marks the ceiling if undisbursed loans count. Here, 2.5% among FY2017 to FY2021 disbursed loans in Spokane-Spokane Valley have been charged off, a floor, across a cohort of 610 disbursed loans. Next, the five-year rate is withheld on this page, and the to-date floor stands alone. Take each share printed here as a lower bound, as approvals made in the latest years received limited runway to cancel or default, across 1,337 loans. In turn, membership in the file is defined as the metro or micro area containing every loan's county of the project, using the July 2023 definitions as adopted; counties were matched on name, while a record whose home county does not map drops out of any area without exception. In practice, inside and outside the classes, any SBA 7(a) or 504 loan in these counties is counted within its $647.0 million total.

Testing a project in Spokane-Spokane Valley

Around Spokane-Spokane Valley, a full study aimed at a property opens with the subject property, never the 1,337-loan file. Demand in Spokane-Spokane Valley opens the work: does Spokane-Spokane Valley's household base support the revenue assumed, measured against nearby supply in and near Spokane County? Next, the median here stands at 0.93x of the national median, so ordinary loans stay compact; a project that outsizes them must show comparable deals justify its size. Worth noting: coverage of debt service links demand to cost for Spokane-Spokane Valley: expected net income set against the payments due, with a case of falling revenue. Separately, an independent appraisal ends the sequence in Spokane-Spokane Valley: the as-built value must carry the request asked for. Separately, a client armed with an arm's-length report for Spokane-Spokane Valley, ahead of meeting the lenders above, has faced those floors early; approval is for the underwriters and SBA in Spokane-Spokane Valley, whatever the study finds.