Dental Office Feasibility Study in the Charleston-North Charleston, SC Metro Area

Dental offices in Charleston County's metro

The Charleston-North Charleston, SC Metro Area shows 30 SBA loans to dental offices for FY2017 to FY2026, with $10.4 million in gross dollars, and Charleston County has 25 of them. The class is fifth of 39 locally, and the metro is 55 of 562 when ranked by dental loans. The location quotient of 1.67x puts dental offices well above their national weight. At $150,000 the median loan is 0.30x the national median; the middle half starts at $68,750 and ends at $554,250. No figure is called distinctive here.

Brands and the withheld split

Franchise affiliation is 0.00%, so every practice stands independently. Program counts do not appear for this cell, and no lender reaches five loans, so the page names none.

Charleston: three zero years and the rest blank

FY2017 prints 5 loans and $2.5 million of the 30 in the cell. In FY2018, FY2020 and FY2021 the class drew no loans here, so each prints 0 loans and $0 for a finished year. FY2019 and FY2022 to FY2026 are too thin to print; that differs from none. Rates of cancellation and charge-off need a 30-loan cohort at Loan Analytics, and Charleston County's dental practices disbursed in FY2017 to FY2021 fall short.

What a dental study has to test

Because the median is a small fraction of the national figure and the middle half begins at $68,750, many loans here fund practice purchases or equipment more than new buildings, and a study should say which kind of project it is. It has to test the patient base the chair count needs, the payer mix, the cost of imaging and operatory equipment, and the production per chair that supports debt service. Buying an established practice calls for a view of patient retention through the handover. Projects near the $554,250 upper edge should explain the extra scope. A project is placed in this metro through its county, per the July 2023 delineation, and the page promises no approval. The forecast should also show production per chair for the first two years, then the year the practice reaches its planned patient count, so that debt service can be read against a realistic ramp.