Medical Office Feasibility Study in the Mayagüez, PR Metro Area

Mayagüez: medical office lending

Across Mayagüez, across FY2017 to FY2026, SBA logged 37 medical office loans, totalling $4.9 million in gross dollars. Within Mayagüez, medical office lending lands 1 of 39 among the asset classes; Mayagüez lands at 39 of 488 against all metro and micro areas for medical office loans. Mayagüez's location quotient is 9.22x, above the national share. A typical Mayagüez loan, measured by the median, is $100,000. The inner half of Mayagüez loans stretches from $25,000 to $180,000, and the median is which sits at 0.29x against the national class median. The 9.22x location quotient and the 0.29x median ratio pull in opposite directions: medical office leads the local asset classes, yet each loan is small, with a median of only $100,000. Practices here tend to borrow modest sums, and none of the loans is franchised.

Of Mayagüez's 37 loans, 32 are SBA 7(a), 5 SBA 504. The franchise share of Mayagüez loans is 0.00%, which means no franchise brands show up in the Mayagüez record. Among the Mayagüez holders one holder holds $951,000 across 5 SBA 504 loans, and 26 SBA 7(a) loans worth $2.8 million are held by Banco Popular de Puerto Rico. Mayagüez's holder rows record present holders only. Mayagüez borrowers gain no evidence of institution requirements here. Across counties: Mayagüez Municipio, PR has 24 loans.

Mayagüez: years, floors and limits

Mayagüez can show only some years: FY2023 records 7 loans totalling $1.0 million; FY2024 has 11 loans valued at $1.9 million; FY2025 records 6 loans valued at $843,000. In FY2020, FY2022 and FY2026, Mayagüez records 0 loans and $0. Mayagüez's FY2026 is a complete fiscal year. The Mayagüez years not shown: FY2017 to FY2019 and FY2021. The years held back for Mayagüez are not zeros. At least 16.1% of Mayagüez's approvals through FY2024 were cancelled after approval. That Mayagüez rate of 16.1% is a floor, not final. The ceiling for Mayagüez is withheld. The charge-off rate in Mayagüez: withheld, fewer than 30 loans in all. Mayagüez uses Loan Analytics' own cut-off. Mayagüez's FY2017 to FY2021 group is short. The July 2023 list defines Mayagüez. Mayagüez assigns each loan by county. Mayagüez leaves out unmatched loans.

Mayagüez: what to test

Plans for a Mayagüez medical office need a study that shows where the practice's patients come from and which physicians already see them, then price the build-out and equipment against loans that cluster between $25,000 and $180,000. A project well above that band will need its own support. Revenue ought to be built visit by visit with a slow first year, because a cancellation floor of 16.1% shows that plans do fall apart between approval and funding. Payment coverage and the appraisal both rest on that revenue build.