Boulder: dental office lending

For Boulder, across FY2017 to FY2026, SBA logged 29 dental office loans, carrying $40.7 million in gross dollars. In Boulder, dental office lending ranks 5 of 39 across the area's classes, while Boulder sits at 56 of 562 across metro and micro areas for dental office loans. Boulder's location quotient is 1.99x: more weight than nationally. Loan size is where Boulder stands apart: median $1.4 million. The middle half of Boulder loans lies between $640,000 and $1.9 million, and the median is 2.73x of the nationwide class median. Boulder dental loans are large: a median of $1.4 million stands at 2.73x on the nationwide class figure, with the inner half running from $640,000 to $1.9 million. With a location quotient of 1.99x the class is also heavier here than in the national book, ranking 5 of 39 locally. Live Oak Banking Company holds 13 SBA 7(a) loans worth $20.0 million, and Boulder County accounts for all 29 loans.

That Boulder SBA 7(a) figure is held back. The Boulder SBA 504 figure is too held back. Boulder's franchise share is held back. In the Boulder holder tables Live Oak Banking Company appears with $20.0 million in 13 SBA 7(a) loans. Boulder's holder lines show present holders only. Boulder borrowers get no signal of institution standards here. All 29 loans sit in Boulder County, CO.

Boulder: floors, limits and years

In Boulder, a few years can be read: FY2024 has 6 loans worth $4.1 million. In FY2026, a complete fiscal year, Boulder has 0 loans and $0. Withheld for Boulder: FY2017 to FY2023 and FY2025. The years held back for Boulder do not mean none. Boulder's cancellation rate: suppressed, under 30 loans. The Boulder charge-off rate: suppressed, below 30 loans in all. Boulder uses Loan Analytics' own minimum. Boulder's FY2017 to FY2021 cohort is short. Boulder uses the July 2023 list. Boulder assigns each loan by county. Boulder omits unmatched loans.

Boulder: what a study must test

Boulder dental plans must explain what a project of this size buys: a practice with its real estate, a new building, or a build-out with digital equipment. Lay out the operatories, providers and patient base within reach, and the production per chair that a loan near $1.4 million needs. A stressed case with a slower patient ramp belongs here, since FY2024 shows 6 loans worth $4.1 million and FY2026 shows 0. The appraiser will separate the practice from its premises.

SBA dental office loans in the Boulder, CO Metro Area

Loans approved, FY2017 to FY2026	29
Gross dollars approved	$40.7 million
Median loan	$1.4 million
Middle half of loans, from	$640,000
Middle half of loans, to	$1.9 million
SBA 7(a) loans	withheld
SBA 504 loans	withheld
Franchise share of loans	withheld
Rank among metro and micro areas for dental office loans	56 of 562
Rank of dental office among the classes in this area	5 of 39
Location quotient (share of loans against the national share)	1.99x
Median loan against the national median for the class	2.73x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA dental office loans approved in the Boulder, CO Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	withheld	withheld
FY2018	withheld	withheld
FY2019	withheld	withheld
FY2020	withheld	withheld
FY2021	withheld	withheld
FY2022	withheld	withheld
FY2023	withheld	withheld
FY2024	6	$4.1 million
FY2025	withheld	withheld
FY2026	0	$0

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Live Oak Banking Company	13	$20.0 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Boulder County, CO	29

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MA-14500-C20.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a dental office project in the Boulder, CO Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Dental Office Feasibility Study in the Boulder, CO Metro Area