Dental Office Feasibility Study in Ohio

A dental record with very low losses

Dental lending in Ohio has a very low charge-off record. Of the 167 Ohio dental loans disbursed in FY2017 to FY2021, just 0.60% have been charged off, and the same 0.60% within five years of approval. That is a floor, and it frames everything else on this page. Ohio stands 5 of 54 in the state ranking for dental lending, with 335 approvals worth $313.7 million from FY2017 to FY2026, though dentistry is a smaller slice of Ohio's SBA book than of the national one, at a location quotient of 0.76x. Within Ohio the class ranks 9 of 39.

Practice loans, specialist lenders

The median Ohio dental loan is $500,000, 0.99x the dental median nationwide; the central band of approvals runs from $183,750 to $1.2 million. SBA 7(a) carried 301 loans and SBA 504 carried 34. A few holders lead: United Midwest Savings Bank National Association holds 83 loans worth $108.8 million, The Huntington National Bank 75 and Live Oak Banking Company 48 worth $81.5 million. Alloy Development Co., Inc. leads the 504 lenders with 11. No loan went to a franchise, 0.00% of the book. Franklin County leads with 46 loans, then Cuyahoga at 37 and Hamilton at 29. Counts slipped to 21 in FY2023 while dollars held at $30.4 million, a sign of larger average deals.

Where the risk actually sits

If losses are rare, cancellations are not: 14.6% or more of the dental approvals in Ohio from FY2017 to FY2024 were cancelled, a figure that reaches 15.7% when undrawn loans count too. For a borrower, that means the approval is only a midpoint. A feasibility study for a dental office in Ohio has to test patient demand against the dentists already practising in the trade area and the insurance mix there, cost the build-out and equipment for a new office or verify the collections and patient base of a practice being bought, and show debt service coverage on production the dentist can sustain, not on the seller's best year. Where the building is financed, the appraisal will look at medical office comparables, and the study should supply rent and occupancy support.

This class carries no coding limitation of its own. Classification follows the dentist's own industry entry, and both outcome rates are floors.