Medical Office Feasibility Study in the Provo-Orem-Lehi, UT Metro Area

Medical office loans in Provo-Orem-Lehi

Provo-Orem-Lehi medical offices track the national pattern closely on both ratios, 0.96x and 1.01x, so the local detail below matters more here than the comparison with the nation. Loans for medical offices in Provo-Orem-Lehi, UT number 32, and $21.4 million was approved within FY2017 to FY2026. Position 8 of 39 among Provo-Orem-Lehi classes, and position 46 of 488 among areas nationally. The Provo-Orem-Lehi location quotient of 0.96x leaves medical offices close to their national share of lending. Provo-Orem-Lehi loan size is ordinary: $347,050 at the median, 1.01x the national median for medical offices.

The middle half of Provo-Orem-Lehi loans runs from $141,500 to $837,750. A plan priced below $141,500 would be among the lighter Provo-Orem-Lehi loans on record. Under SBA 7(a) sit 24 loans, and under SBA 504 sit 8. No franchise share is printed for Provo-Orem-Lehi, UT, because Loan Analytics holds it back. Measure the plan against $347,050. Ordinary requests fall in $141,500 to $837,750. State the brand path in the study. The counts show a structure precedent.

Provo-Orem-Lehi: holders, places and years

Under SBA 7(a), SBA lists Central Bank (UT) with 10 loans worth $5.9 million as current holders. Holders here are today's holders. It cannot show what a lender wants. Place by place, Utah County, UT holds 32. Year by year, FY2017 shows 0 loans and $0 and FY2018 shows 9 loans and $7.8 million. The rest are not printed. There are not enough loans per year. It does not mean no loans. The Provo-Orem-Lehi years that print are too sparse. A lender will read Provo-Orem-Lehi figures against the project. The plan still needs its own evidence.

Questions a medical office study in Provo-Orem-Lehi must answer

For Provo-Orem-Lehi, neither cancellation nor charge-off rates print. The cohort is under Loan Analytics' floor. Withheld does not mean zero. An area is a 2023 county group. Each loan is matched via its county. Names are compared county to county. A loan with no match stays out. Context here is $21.4 million on 32 loans. Totals do not replace a study. Underwriting a medical office in Provo-Orem-Lehi turns on cash flow before billing matures; credentialing and time before billing; referral patterns and payer mix; the practice's payer contracts; practices already serving it; revenue per provider against payroll; exam room fit-out against the $347,050 median; parking and access for patients; and a supported value for clinical space. None of this forecasts a Provo-Orem-Lehi request. Every request is judged separately.