Dental Office Feasibility Study in the Boise City, ID Metro Area

Boise's dental lending is concentrated and large

Boise City ranks 33 of 562 in the metro and micro field by dental volume, and the location quotient of 1.50x shows dentists drawing half again the national weight of local lending. SBA lists 59 loans from FY2017 to FY2026, $65.4 million approved. A median of $639,000 is 1.26x what the country shows, and the lower and upper quartile edges are $336,500 and $1.8 million. Dental office is 4 of 39 asset classes in the area, a top-five class.

Program split and ownership

Boise's counts are 40 for 7(a) and 19 for 504, a sizable 504 presence that reflects practices buying or building their offices. Franchise share is 0.00%, as expected for owner practices. Ada County, ID carries 45 loans, so this is a one-county market in practice.

One dominant holder

Live Oak Banking Company is the current 7(a) holder on 15 loans worth $32.7 million, roughly half the dollars in the cell, in SBA's records. That is a count of holdings and no comment on the bank. Only FY2017 prints a year: 16 loans and $9.7 million. Every other year from FY2018 to FY2026 is withheld, so the pattern of growth or decline cannot be read from this page.

Cancellation and the missing loss rate

For FY2017 to FY2024 Boise dental approvals, cancellation is at least 19.2% and the stricter ceiling is 19.2% as well, so the two meet. That is a high mark and should shape contingency planning. There is no printed charge-off rate for Boise, and that is not a zero. The 59 Boise dental loans are tallied through Ada County and neighbors, read by name against the July 2023 area.

Boise dental: what the study must settle

A study should test patient counts and growth in the drive-time area, the share of insured patients, and whether the practice can recruit hygienists and associates in a tight labor market. Buildout, imaging and sterilization drive cost, and the presence of many 504 loans means real estate value is part of the picture. Coverage should be tested at the median and near $1.8 million, and the appraiser should split the building, equipment and goodwill.