Feasibility Study Data for the Wichita Falls, TX Metro Area

Wichita Falls scale: counts, dollars and typical loans in Wichita Falls, TX

Project sites in Wichita Falls drew 130 SBA approvals across the Wichita Falls, TX metro area between FY2017 and FY2026, and $87.7 million in gross dollars stands behind them. Wichita Falls holds rank 407 of 928 against every other statistical area, Wichita Falls among them. The local median loan is $322,400, and the central half fall from $146,175 up to $743,000. Wichita Falls borrowers borrow more, at 1.55x of the national median. Large Wichita Falls tickets are the first thing that sets Wichita Falls apart.

Wichita Falls: which programs and lenders serve Wichita Falls, TX

The 7(a) and 504 counts for Wichita Falls are withheld at the source since few loans stand behind either, and this page does not guess at either. The franchise share of Wichita Falls loans is 27.7%. In 7(a), the biggest holder is Prosperity Bank: 11 loans, $2.2 million in all. Second place is Northeast Bank (ME): 8 loans, $1.6 million. Further down, The Huntington National Bank shows 6 loans, then 5 for Metro City Bank. These are SBA's records of Wichita Falls loans held or once held. Prosperity Bank Wichita Falls appears since SBA names it as the Wichita Falls holder; that says nothing about how Northeast Bank (ME) underwrites.

Wichita Falls by asset class and by county in Wichita Falls, TX

Most of the Wichita Falls total sits outside the tracked asset classes: 79 loans that carry codes outside the Wichita Falls table. The Wichita Falls class rows therefore describe a minority of Wichita Falls lending. The class Wichita Falls table Wichita Falls opens with gas station and truck stop, 9 loans, then limited-service restaurant with 9 and hotel and motel with 8. Further Wichita Falls down sit full-service restaurant, 5 loans. By county, Wichita County, TX accounts for 106 loans, followed by Clay County, TX with 13, with Archer County, TX third at 11. Demand differs between these counties, so the Wichita Falls figure hides some spread.

Wichita Falls, TX: how to read Wichita Falls cancellations and charge-offs

A minimum of 10.9% of Wichita Falls approved loans made in FY2017 to FY2024 not funded; counting Wichita Falls loans still undisbursed as cancelled leaves the upper bound at the same 10.9%. The FY2017 to FY2021 cohort of 54 disbursed Wichita Falls loans shows Wichita Falls charge-offs to date of at least 11.1%. The five-year Wichita Falls rate is withheld because the Wichita Falls cohort is below 30 Wichita Falls loans, so no Wichita Falls number stands in for it. Loans keep aging, so these Wichita Falls rates are floors and can only rise. FY2024 was the high point: 20 loans worth $13.5 million, whereas FY2022 was the low Wichita Falls point before FY2026, at 5 loans and $11.9 million. Wichita Falls is built from project counties such as Wichita County, TX, counties are assigned under the July 2023 Wichita Falls delineation, with Wichita Falls counties matched by name.

Wichita Falls: testing a project in Wichita Falls, TX

A study for a Wichita Falls project should be Wichita Falls built for the project's own Wichita Falls county, given how unlike its Wichita Falls counties can be. Since gas station and truck stop leads the Wichita Falls class table, it has to examine competing stations on the corridor and diesel and truck traffic counts, then fuel gallons and inside sales. A Wichita Falls request in limited-service restaurant hinge on traffic counts and site visibility, with build-out cost for a small box close behind. Debt service coverage in Wichita Falls has to clear even if transactions slip; the valuation must lean on nearby transactions, not distant averages. Since Wichita Falls loans skew large, the Wichita Falls study Wichita Falls should tie the amount to cost and Wichita Falls cash flow, not to local habit.