Medical Office Feasibility Study in Wisconsin

Wisconsin physician offices: a light presence

The location quotient is the first thing to notice for Wisconsin medical offices: 0.30x, meaning physician practices take a very small share of the state's SBA lending when set beside the national share. Over the FY2017 to FY2026 window the cell logged 48 approvals worth $30.8 million. Wisconsin sits 33 of 53 among states, and within Wisconsin physician offices hold slot 19 of 39. The $250,000 median equals 0.73x the nationwide typical loan, with the middle half of loans stretching $97,500 to $645,750. Nothing here is distinct enough from the parents to lead the page, so national medical office pages describe the economics well and this page supplies scale and local detail.

SBA 7(a) funded 38 of the Wisconsin loans and 504 funded 10, while no borrower reports a franchise, 0.00%, as one expects for physician practices. American National Bank-Fox Cities is the single lender at or above the 5-loan mark, with $803,000 across them, a small average that tells us no institution dominates and the typical ticket funds equipment and improvements. Milwaukee County has 11 loans, Dane and Waukesha 8 each, Outagamie 6, and Eau Claire and Kenosha 3, so the southeast, Madison and the Fox Valley carry the cell.

Low cancellation, uneven years

Cancellation reached a floor of 5.0% on approvals through FY2024, with the same ceiling. Counts moved from 2 in FY2017 to 7 in FY2019 and again in FY2021, and FY2021 brought $7.9 million, the largest dollar year. FY2025 shows 3 loans worth $950,000, and FY2026, which closed the window, shows 5 loans worth $3.4 million. No charge-off rate is published for Wisconsin physician offices, since the disbursed group lacks the depth to support one, and the omission is not a statement about losses.

Diligence for a Wisconsin practice

A feasibility study for a Wisconsin medical office should test the physician before the building. Demand here means patient counts for the specialty, who refers to the practice, whether it has hospital privileges and which payer contracts set its reimbursement. Supply is the set of practices already working the catchment, plus the question of whether the doctor can be recruited and kept in a market with strong health systems. Because physician offices are such a small share of the state's SBA book, a lender should ask whether the sponsor is a single practice or part of a group, and whether a health system could outcompete a new office in the same neighborhood. Cost runs through shell, exam rooms and equipment. Debt service coverage should use collections after a ramp period. The appraisal should value the property for a second medical tenant.