Physical Therapy Clinic Feasibility Study in the Minneapolis-St. Paul-Bloomington, MN-WI Metro Area

Minneapolis physical: Twin Cities therapy clinics sit below their national weight

Count areas and Minneapolis, St. Paul and Bloomington is 15 of 406 for rehabilitation and therapy clinic; count classes and rehabilitation and therapy clinic is 15 of 39 in Minneapolis, St. Paul and Bloomington. The 0.68x location quotient says therapy clinics weigh less in local SBA lending than in the country. The area, which crosses into Wisconsin, logged 48 loans for $14.2 million. Against the countrywide physical therapy clinic median, Minneapolis, St. Paul and Bloomington posts $90,000, or 0.60x, and a $28,750 to $418,050 band holds the usual physical therapy clinic loan.

Hennepin County accounts for 15, Dakota County accounts for 8, Washington County accounts for 7, and Ramsey County accounts for 6. On the 7(a) side in Minneapolis, the holders listed are The Huntington National Bank with $1.3 million across 5 loans and U.S. Bank, National Association with $2.0 million across 10 loans. Each Minneapolis, St. Paul and Bloomington lender figure as SBA’s ledger of holders, not a view of what The Huntington National Bank will fund. Holdings, not standards. Around Minneapolis, St. Paul and Bloomington, physical therapy clinic lending has the brand share and the SBA 7(a) versus 504 split stays out of print since few loans support it; no zero is implied.

Around Minneapolis, St. Paul and Bloomington, physical therapy clinic lending has any charge-off figure and the cancellation floor stays out of print since few loans support it; no zero is implied. FY2019: 7 loans, $3.8 million; FY2021: 5 loans, $718,500; FY2023: 7 loans, $3.5 million; and FY2024: 5 loans, $596,500.

Because several values are withheld for this cell, the printed ones carry more weight; a study should not extrapolate from them to rates that Loan Analytics does not publish.

Minneapolis physical: testing a Twin Cities clinic

A study for a clinic here should test referral sources, insurer and employer reimbursement, therapist recruiting, the lease, and whether visit volume can support the payment. A median near $90,000 is 0.60x the countrywide median, so coverage should be tested at a small loan. The Minneapolis, St. Paul and Bloomington physical therapy clinic count is built using the financed site’s county against the July 2023 delineation; a county that does not match is left out. This record is background for the analysis a physical therapy clinic borrower needs here; no outcome is promised.