SBA 504 Physical Therapy Clinic Feasibility Study in Florida

How large Florida physical therapy clinic loans run

The file for Florida rehabilitation and therapy clinics under SBA 504 holds 49 loans from FY2017 to FY2026 and $35.6 million of gross dollars. For a sense of scale in Florida, the median is $466,000, and loans from $276,000 to $909,000 form the middle half in Florida. On the SBA 504 scale nationwide, Florida rehabilitation and therapy clinics read 1.10x, so a typical Florida loan for rehabilitation and therapy clinics runs bigger than nationwide. Brand affiliation touches 4.1% of the rehabilitation and therapy clinics loans in Florida.

Among states, Florida ranks 2 for rehabilitation and therapy clinics under SBA 504; among the classes of Florida itself, rehabilitation and therapy clinics rank 13 of 39. FY2023 was the Florida high point, 7 loans and $6.7 million together, while FY2026 shows 5 loans and $5.0 million. Florida sits near the top for 504 therapy-clinic lending; here practices buy their own space in a large market, a pattern the blended class page cannot isolate.

SBA lists Florida Business Development Corporation as the leading holder for Florida rehabilitation and therapy clinics, with 27 loans worth $24.7 million. Next come Florida First Capital Finance Corporation, Inc., which holds 17 loans valued at $7.3 million. Florida Business Development Corporation stands first among rehabilitation and therapy clinics holders in Florida; SBA's file covers 49 loans held now or before. Miami-Dade holds the most Florida loans among counties, 11, followed by Broward at 6 and Hillsborough at 6. Lower on the list are Lee 4, Orange 4 and Sarasota 4.

Outcomes and data limits for Florida

Looking at Florida rehabilitation and therapy clinics approved through FY2024, a cancellation floor of 12.5%; the ceiling, with undisbursed loans included, reaches 17.5%. On losses, Florida's funded group is too thin, and silence is not a rate. Conventional loans in Florida stay outside this file.

What a Florida therapy building study must show

In a 504 project the building is the loan, so the study should show why the clinic owns its space near Miami-Dade and what the property is worth if the practice fails. Referral sources decide volume; list the physicians and hospital groups that could send patients. Pay per visit keeps coming under pressure, so test the payments against the payer mix. Therapist hiring is the bottleneck. Specialized treatment rooms push an appraiser to weigh practice earnings alongside the premises that stand behind a loan near $466,000.