Feasibility Study Data for the Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area

The scale of lending in Washington-Arlington-Alexandria

10,588 loans inside Washington-Arlington-Alexandria, DC-VA-MD-WV over FY2017 and FY2026 carry $4.90 billion gross. Separately, Washington-Arlington-Alexandria ranks 12 of 928 within all core-based areas by loans. In practice, $154,750 sets the median; half of all loans runs from $50,000 to $470,000. Here, the typical loan here is 0.74x compared with the nation's median, leaving the typical loan under the national norm. In turn, Washington-Arlington-Alexandria counts only projects inside its borders, unlike a state page, which gives the mix a statewide page shows: 10,588 loans overall.

Lenders and programs in Washington-Arlington-Alexandria

9,937 7(a) approvals stand against 651 SBA 504 loans. 13.4% of all approvals belong to franchisees in this area. Under 7(a), the top lending names by approvals stand as Manufacturers and Traders Trust Company at 2,259 loans worth $343.0 million, TD Bank, National Association at 935 loans worth $96.1 million, then Wells Fargo Bank National Association holding 469 loans and $120.6 million. In 504, the top CDCs on loan count come out as Business Finance Group, Inc. booking 436 loans and $425.4 million and Rappahannock Economic Development Corporation with 138 loans totalling $123.1 million. All the names are taken from SBA records covering 10,588 loans; they show past loans and nothing further, not what lenders ask for in Washington-Arlington-Alexandria.

The classes behind the loans in Washington-Arlington-Alexandria

Full-service restaurant with 609, 439 for limited-service restaurant, 267 in fitness center; and child care center with 244 rank first by class by approvals. Next, 7,518 loans lie outside all named classes, so its $4.90 billion total covers more than what the classes show. Beyond that, 5 approvals in warehouse and distribution across Washington-Arlington-Alexandria are too few to show a pattern. Separately, looking at counties, Fairfax County (1,995), Montgomery County (1,621), then Prince George's County (1,429) carry the most loans. In addition, DC and MD and VA and WV are both in Washington-Arlington-Alexandria, DC-VA-MD-WV, so lenders may differ across the line. Next, across the years, FY2017 kicks off at 966 loans and $428.2 million; FY2025 is the peak at 1,597 loans and $680.3 million, and FY2026, a year that has not closed, concludes the run at 1,218 loans and $613.6 million.

The outcome floors in Washington-Arlington-Alexandria

13.8% among FY2017 through FY2024 loans in Washington-Arlington-Alexandria were cancelled after approval before they funded, a floor; 15.2% is the upper bound with undisbursed loans included. 8.9% of FY2017 to FY2021 disbursed loans in Washington-Arlington-Alexandria have been charged off, which is a floor; 5.1% were charged off before the fifth year ended post-approval, out of 3,883 disbursed loans. Then, take every rate in this section like a lower bound, since approvals made lately have had limited runway to cancel or default, across 10,588 loans. Separately, each area on this page follows the statistical area of the loan's site county, on the July 2023 delineation as issued; project counties are tied using the name, but any loan whose home county cannot be assigned is missing from any area, with no exception. Then, with or without a named class, any 7(a) or 504 loan in the area is tallied into its $4.90 billion total.

The feasibility questions for Washington-Arlington-Alexandria

Within Washington-Arlington-Alexandria, a full study of a site begins with the actual proposal, not from the 10,588-loan file. Beyond that, market demand in Washington-Arlington-Alexandria comes first: does Washington-Arlington-Alexandria's local customer base support the receipts projected, against competitors in places such as Fairfax County? The local median runs 0.74x against the nation's median, so ordinary loans run small; a project that outsizes them needs to show it can service what it borrows. Also, the coverage test links sales to outlay for Washington-Arlington-Alexandria: forecast income measured on the debt payments, along with a case of falling revenue. Worth noting: finally, the appraisal caps the work on the Washington-Arlington-Alexandria site: market value on completion has to bear the sum sought. Also, a client holding an arm's-length study for Washington-Arlington-Alexandria, prior to meeting a bank, has faced the outcome floors before they are raised; approval stays with the underwriters and SBA in Washington-Arlington-Alexandria, and a study cannot change that.