Child Care Center Feasibility Study in the Provo-Orem-Lehi, UT Metro Area

The Provo-Orem-Lehi picture for child care centers

Child care in Provo-Orem-Lehi splits almost evenly between the two SBA programs, 16 loans under 7(a) and 14 below 504, a balance that is the first thing this cell shows beyond its ranks. For child care centers, the Provo-Orem-Lehi, UT total is 30 loans and $18.6 million over FY2017 to FY2026. Among Provo-Orem-Lehi classes it ranks 9 of 39; against areas nationwide, Provo-Orem-Lehi, UT ranks 59 of 493. At 0.70x on the location quotient, child care centers take a smaller share of Provo-Orem-Lehi loans than of loans nationally. A median of $487,500 sits at 1.08x of the class median nationally; the typical Provo-Orem-Lehi loan is larger.

Between $229,750 and $867,500 lies the middle half of the Provo-Orem-Lehi loans. A request far above $867,500 would be among the largest in Provo-Orem-Lehi. SBA 7(a) accounts for 16 of the Provo-Orem-Lehi loans and SBA 504 for 14. Loan Analytics withholds the franchise share for Provo-Orem-Lehi child care centers. Hold the amount beside $487,500. $229,750 to $867,500 is the usual spread. Branding needs a clear answer. The program counts guide the structure choice. The child care code is shared by centers and in-home care alike.

Who holds the Provo-Orem-Lehi loans, and when

The county table lists Utah County, UT (30 loans). The years that print are FY2017 (0 loans, $0), FY2020 (6 loans, $3.6 million) and FY2024 (5 loans, $2.6 million). Other fiscal years stay hidden. Their loan counts are thin. No gap says that nothing was approved. So few years rule out a trend. This Provo-Orem-Lehi record is a starting point. Project evidence has to be gathered anew.

What a Provo-Orem-Lehi child care center study has to test

No cancellation or charge-off rate for Provo-Orem-Lehi. Its cohort falls under 30 loans. Loss history cannot be cited. Each area is a 2023 federal grouping. Placement runs on the project county. Counties are matched on name. Loans that cannot be placed are excluded. $18.6 million over 30 loans is the Provo-Orem-Lehi backdrop. Each project needs its own analysis. Before a lender sees a child care center project in Provo-Orem-Lehi, the study should test build-out or purchase cost against the $487,500 median; children in the trade area; teacher recruitment and turnover; centers already serving them; licensing and inspection; debt coverage while enrollment builds; how fast enrollment nears licensed capacity; and the appraisal of a specialised building. Nothing here predicts a new Provo-Orem-Lehi child care center outcome. Each study stands alone.