SBA 504 Dental Office Feasibility Study in Ohio

Scale of Ohio dental office lending

Ohio dental offices received $15.7 million in gross SBA 504 dollars across 34 Ohio loans between FY2017 and FY2026. A typical Ohio approval is $424,500, while the middle half of dental offices loans reaches from $288,750 to $581,250. Set beside the nationwide dental offices median under SBA 504, Ohio reads 0.71x, smaller than the nationwide dental offices book carries. The franchise share is 0.00%; owners of Ohio dental offices operate independently.

On SBA 504 loan counts for dental offices, rank 13 belongs to Ohio; the class sits at 6 of 39 in Ohio's own table. Approvals in Ohio peaked in FY2021 at 7 loans worth $3.6 million, and no loans appear for FY2026. Ohio dentists use 504 to buy or build their space; approvals stop after FY2023 in the trend table, which the blended class page does not reveal.

SBA lists Alloy Development Co., Inc. as the leading holder for Ohio dental offices, with 11 loans worth $4.4 million. The Ohio list continues with Community Capital Development Corporation: 9 loans, $6.4 million in all, Ohio Statewide Development Corporation: 6 loans, $2.1 million in all and Growth Capital Corp.: 5 loans, $1.7 million in all. Alloy Development Co., Inc. heads Ohio's list in SBA's file on 34 loans: a record of dental offices loans held, rating no lender. The Ohio loans cluster in Franklin, which has 8; Hamilton has 5 and Delaware has 4. Further counts include Muskingum 3, Stark 3 and Cuyahoga 2.

What the Ohio outcome figures leave out

For Ohio dental offices approved by FY2024, a cancellation floor of 14.7%; with undisbursed loans counted as cancelled, the Ohio ceiling stays at 14.7%. As for charge-offs, the Ohio funded cohort is too small, and a Ohio blank is not a clean bill. Financing without SBA never enters Ohio's tables.

Testing an Ohio dental building

Ownership has to earn its place: show why the practice buys or builds near Franklin instead of leasing, and what the building would fetch from another dentist. Staff the chairs on paper, because hygienist hiring is tight in many markets. Insurance participation decides patient flow, so list the plans accepted. Operatory equipment and digital systems drive the budget behind a typical loan near $424,500. Revenue per chair rises with scheduling discipline, and the forecast needs a slow first year. If the loan buys an existing practice, test retention.