Feasibility Study Consultant in Cheyenne, WY: SBA and USDA

A feasibility study in Cheyenne is read by a lender or a Certified Development Company before anyone else. In fiscal year 2025 this metro recorded 38 SBA 7(a) approvals for $23,684,100. One rule a lender meets here: Wyoming sales and use tax is a statewide rate plus voter-approved local pennies.

The Cheyenne, WY metro is home to about 101,783 residents per the U.S. Census Bureau Population Estimates, all of them in Laramie County.

A national template prices this metro on its 101,783 residents and stops there. The rules below come from the Wyoming Excise Tax Division, and each one changes a line of the model before a lender reads it.

Wyoming sales and use tax is a statewide rate plus voter-approved local pennies. The Wyoming Excise Tax Division, part of the Department of Revenue, answers a rate question on its FAQ page. It states that sales and use tax is made up of two components: the mandatory statewide 4% rate and any voter-approved pennies. It also states that all sales tax rates are based upon where the customer takes possession of the item or service. For a project in Cheyenne, the statewide 4% is the floor of the sales tax line in a feasibility model, and any voter-approved county pennies are added by location. This page does not give the Laramie County total, so the modeler must take the current county rate from the division's rate chart for the site's location, and should not assume the same total applies to a delivery or a purchase that is taken possession of in another jurisdiction. Equipment and materials bought for a car wash, a fitness center or a storage build follow the same location rule.

Wyoming lodging tax is a statewide assessment plus voter-approved local pennies. The Wyoming Excise Tax Division explains how lodging tax is distributed. It states that lodging tax is made up of two components: the mandatory 5% statewide lodging assessment and any voter-approved pennies. It adds that the State of Wyoming gets 3% of the statewide assessment and the local jurisdiction gets 2%, and that for the voter-approved pennies the State gets a 1% admin fee and the local governments get the rest. For a hotel or RV park in Cheyenne, the model should carry the 5% statewide assessment on lodging receipts as the base line and then add the voter-approved lodging pennies that apply at the site. This page does not state the Laramie County or City of Cheyenne lodging total, so that figure has to be taken from the division's current rate chart before revenue per room is netted for tax.

Nationally, the U.S. Small Business Administration closed fiscal year 2025 having guaranteed 84,400 7(a) and 504 loans for $44.8 billion. This page computes the Cheyenne share from the SBA's own 7(a) and 504 FOIA release, as of June 30, 2026, by member county rather than by district office: in fiscal year 2025 the metro's single county recorded 38 SBA 7(a) approvals for $23,684,100 and 1 SBA 504 approvals for $690,000.

In fiscal year 2025 the 7(a) approvals here came from Northeast Bank (10 loans, $1,355,300), Newtek Bank, National Association (5 loans, $1,710,000), Live Oak Banking Company (3 loans, $3,795,000), and Platte Valley Bank (3 loans, $247,900), listed by approval count with the names as the SBA released them. The 504 approvals that year went through Wyoming Capital Access (1 loan). The SBA's district office field reads Wyoming District Office on 38 of the 38 fiscal year 2025 7(a) rows, 100.0%.

Across fiscal years 2010 to 2026 disbursed, the ten asset classes tracked here account for 40 7(a) loans for $43,363,500 and 4 504 loans for $4,474,000 in this metro. In fiscal year 2025 alone those classes took 3 7(a) and 504 approvals for $3,834,000. The table sets out each class; a cell under five loans is not shown, and a charge-off rate is printed where 30 or more loans have resolved and left blank below that.

USDA Business and Industry and USDA Community Facilities credit runs on a statutory geography rather than on a county line. Under 7 U.S.C. 1991(a)(13)(A) the terms rural and rural area mean any area other than a city or town that has a population of greater than 50,000 inhabitants and any urbanized area contiguous and adjacent to such a city or town. The test turns on the subject address and the urbanized-area boundary around it, not on the name of a county or a metro. For a project in Cheyenne the address decides it. The metro is one county, Laramie County, with 101,783 residents, and an urbanized-area boundary follows the census map rather than any county line. MMCG checks the subject address against the USDA Rural Development eligibility map at intake, before work on the study begins, and this page names no town as eligible.

A hotel feasibility study in Cheyenne starts from the metro's own SBA record. Across fiscal years 2010 to 2026 disbursed, hotels and motels account for 21 7(a) loans for $28,551,000 and fewer than five 504 loans here, $30,552,000 in all. Full and limited service restaurants come to $5,017,000 over the same years.

For a hotel in this metro the publisher rules above are model lines rather than background: Wyoming lodging tax is a statewide assessment plus voter-approved local pennies (the Wyoming Excise Tax Division).

These are the points an underwriter in Cheyenne reads before the rest of the file. Each traces to a government publisher or to the SBA's own file.

MMCG starts from the project address, the asset class and the lender or Certified Development Company contact. The address settles the county and the rules set out above; the asset class sets which part of the SBA record applies.

The report names its sources the way this page does: the Wyoming Excise Tax Division, the SBA FOIA release, and the Census Bureau's population estimates. The method is set out in full in MMCG's feasibility study methodology.

MMCG Invest, LLC is a feasibility study consultancy that specializes in SBA and USDA feasibility studies for lenders, Certified Development Companies, USDA Rural Development guaranteed lenders and the borrowers they serve, with Cheyenne among the markets it covers. The practice is led by Michal Mohelsky, J.D., FMVA, Practicing Affiliate of the Appraisal Institute. Reports are prepared under SBA SOP 50 10 8.1 for 7(a) and 504 files and under 7 CFR Part 5001 for USDA files, and each one states which schedule, rate and boundary it relied on so a credit officer can check the work. Pricing starts at $4,900, standard delivery runs 9 to 16 business days, a rush track delivers in 5 business days, and every inquiry receives a response within 12 business hours.