Feasibility Study Consultant in Louisville, KY: SBA and USDA

A feasibility study in Louisville is read by a lender or a Certified Development Company before anyone else. In fiscal year 2025 this metro recorded 261 SBA 7(a) approvals for $142,385,200, and its residents split Kentucky 80.1% and Indiana 19.9% across a state line that changes the inputs. One rule a lender meets here: Kentucky and Indiana tax a sale at different state rates.

The Louisville/Jefferson County, KY-IN metro is home to about 1,394,234 residents per the U.S. Census Bureau Population Estimates, led by Jefferson County, KY at 793,881; Clark County, IN at 127,479; Bullitt County, KY at 85,802; Floyd County, IN at 81,931. Kentucky counties hold 1,116,501 of them, 80.1% of the metro; Indiana counties 277,733, 19.9%.

A national template prices this metro on its 1,394,234 residents and stops there. The rule below comes from the Kentucky Department of Revenue and the Indiana Department of Revenue, and it changes a line of the model before a lender reads it.

Kentucky and Indiana tax a sale at different state rates. The Kentucky Department of Revenue states that Kentucky Sales and Use Tax is imposed at the rate of 6 percent of gross receipts or purchase price, and that there are no local sales and use taxes in Kentucky. The Indiana Department of Revenue states that a business selling goods or tangible personal property registers to collect a seven percent sales tax. It adds that additional tax registration may be necessary for a business that sells food and beverages or rents rooms or accommodations for periods of less than 30 days. The Louisville/Jefferson County, KY-IN metro spans both states, so the state line decides which rate belongs in the sales tax line of a hotel or restaurant pro forma. A Kentucky site uses the Kentucky rate with no local layer. An Indiana hospitality site needs its additional registrations checked.

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 Louisville 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 twelve counties recorded 261 SBA 7(a) approvals for $142,385,200 and 19 SBA 504 approvals for $21,171,000.

In fiscal year 2025 the 7(a) approvals here came from Stock Yards Bank & Trust Company (40 loans, $28,447,300), Northeast Bank (34 loans, $4,239,600), and The Huntington National Bank (29 loans, $14,961,500), listed by approval count with the names as the SBA released them. The 504 approvals that year went through Premier Capital Corporation (8 loans), Indiana Statewide Certified Development Corporation (7 loans), and Alloy Development Co., Inc. (3 loans). The SBA's district office field reads Kentucky District Office on 225 of the 261 fiscal year 2025 7(a) rows, 86.2%, and Indiana District Office on 36.

Across fiscal years 2010 to 2026 disbursed, the ten asset classes tracked here account for 378 7(a) loans for $285,937,300 and 48 504 loans for $37,269,000 in this metro. In fiscal year 2025 alone those classes took 45 7(a) and 504 approvals for $49,980,300. 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 Louisville the address decides it. The metro spans twelve counties in two states, from Jefferson County, KY at 793,881 residents to Henry County, KY at 16,198, 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 Louisville starts from the metro's own SBA record. Across fiscal years 2010 to 2026 disbursed, hotels and motels account for 34 7(a) loans for $91,949,900 and 9 504 loans for $13,844,000 here, $105,793,900 in all. Full and limited service restaurants come to $101,711,900 over the same years.

These are the points an underwriter in Louisville 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 state, 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 Kentucky Department of Revenue, the Indiana Department of Revenue, 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 Louisville 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.