Assisted Living Feasibility Study in Idaho

Assisted living in Idaho is a mid-ranking class with above-median loans. SBA approved 25 loans between FY2017 and FY2026, worth $32.7 million, which ranks the state 22 of 50 and puts the class 18 of 39 within Idaho. The location quotient of 0.91x is close to even with the national book. The median loan, $873,500, is 1.15x the nationwide class benchmark, and the central half of loans lies between $350,000 and $1.9 million, so a typical Idaho home is financed at a somewhat heavier level than elsewhere.

Programs, lenders and counties

SBA 7(a) provided 15 of the loans and SBA 504 10, a split that shows both loan programs are in use. The franchise share is 0.00%, so independent operators finance these homes. Mountain West Small Business Finance leads the 504 table with 5 loans worth $2.6 million. Ten counties appear in the file: Ada County has 4 loans, Bannock, Kootenai and Twin Falls counties 3 each, Canyon and Lemhi counties 2 each, and Bingham, Bonner, Idaho and Jefferson counties 1 each. Because every county holds 4 loans or fewer, a study should treat these counts as a short list of sites, not as a market ranking.

A year-by-year look

FY2017 had no approvals and $0. FY2021 was the busiest, with 4 loans worth $7.1 million, and FY2022 saw a single loan of $5.5 million. FY2025 recorded 3 loans worth $7.4 million, the second-largest total, and FY2026, which closed on 2026-09-30, adds 3 loans at $940,000. Idaho assisted living carries no cancellation or charge-off floor here for lack of loans, and the page substitutes no number and suggests no rate of zero.

Where the code stops, and what to test

Just one slice of the sector is isolated by an industry code here: residences with no nurses on the premises. Memory care gets no separate code, and homes offering nursing are filed with skilled nursing and continuing care, so an Idaho project mixing levels of care should be read against those pages as well. A feasibility study should test the senior population and its ability to pay privately, the licensing category the project needs, and the beds already open within a realistic distance of the site. It should compare build cost with a ticket that often exceeds the national figure and show debt service coverage at stabilized occupancy after a slow lease-up. Staffing in smaller towns is a recurring constraint, and the appraisal will rely on the income that licensed beds earn, so the revenue forecast must stand up to scrutiny.