Dental Office Feasibility Study in the Colorado Springs, CO Metro Area

Colorado Springs: dental office lending

In Colorado Springs, across FY2017 to FY2026, SBA's files show 33 dental office loans, totalling $42.1 million of gross dollars approved. Inside Colorado Springs, dental office lending lands 8 of 39 in the ranking of classes. Nationally, Colorado Springs sits at 50 of 562 against every metro and micro area by dental office loan count. Colorado Springs's location quotient is 1.23x, above the national share. A typical Colorado Springs loan, measured by the median, comes to $765,000. The inner half of Colorado Springs loans lies between $150,000 and $2.0 million, and the median comes to 1.51x of the nationwide class median. The middle half of Colorado Springs loans stretches over a very wide band, from $150,000 to $2.0 million, so a small practice purchase and a substantial build-out sit in the same cell. The area ranks 8 of 39 among its asset classes and 50 of 562 nationally, with a location quotient of 1.23x, and FY2023 shows 0 loans against 5 loans worth $8.6 million in FY2024.

Of Colorado Springs's 33 loans, 25 are SBA 7(a), 8 SBA 504. The franchised share of Colorado Springs loans is 0.00%, so no franchised units show up in the Colorado Springs record. The Colorado Springs lender tables show that Live Oak Banking Company, as current holder, carries $21.9 million across 7 SBA 7(a) loans. Colorado Springs's holder rows list today's holders only. Colorado Springs applicants get no signal of bank credit policy here.

Colorado Springs: years, floors and limits

Colorado Springs can show only some years: FY2018 records 5 loans worth $4.9 million; FY2021 records 5 loans totalling $9.0 million; FY2024 records 5 loans worth $8.6 million. In FY2023, Colorado Springs records 0 loans and $0. Not published for Colorado Springs: FY2017, FY2019, FY2020, FY2022, FY2025 and FY2026. Those Colorado Springs years do not mean none. Colorado Springs's cancellation rate: suppressed, under 30 loans in the cohort. The Colorado Springs charge-off rate: held back, fewer than 30 loans. Colorado Springs's minimum is ours, not SBA's. Colorado Springs has a small FY2017 to FY2021 cohort. Colorado Springs takes the July 2023 list. Each loan reaches Colorado Springs through its county. Colorado Springs leaves out unmatched loans.

Colorado Springs: what to test

A Colorado Springs dental study has to say which end of that band the project sits at. A purchase of an existing practice needs the collections history and the retention of patients through the transition; a new suite needs operatory count, equipment cost and a ramp in new patients. Either way the payment on a loan near $765,000 has to be covered by production a hygienist-and-dentist schedule can plausibly deliver, and the appraisal will test whether the practice value is separate from the premises.