SBA 7(a) Behavioral Health Feasibility Study in Virginia

Virginia behavioral health facility lending: dollars and loan size

Virginia behavioral health providers drew 30 SBA 7(a) approvals in Virginia's FY2017 to FY2026 window, a combined $18.7 million of gross dollars. Loan size in Virginia centers on $306,250, with the middle half of the behavioral health providers book between $135,000 and $395,550. Next to behavioral health providers nationally under SBA 7(a), Virginia shows a median ratio of 1.23x, an upward tilt for behavioral health providers in Virginia. With a franchise share of 6.7%, owners of most Virginia behavioral health providers operate independently.

Measured by loan count, behavioral health providers under SBA 7(a) put Virginia at rank 12 nationally and the class at 17 of 39 in Virginia. The busiest Virginia year was FY2018, with 6 loans and $1.3 million; while FY2026 shows 4 loans and $6.0 million. Virginia stands at rank 12 among states for 7(a) behavioral health lending, and the loans sit above the national median, a mid-sized market where loans run larger.

Celtic Bank Corporation appears first among current Virginia holders, at 5 loans and $1.4 million. Virginia holders appear as SBA reports them, Celtic Bank Corporation first; each holds or held behavioral health providers loans here. Geographically, Henrico stands first with 9, Fairfax second with 5, and Chesterfield third with 4. Further counts include Chesapeake City 2, Prince William 2 and Richmond City 2.

Reading the outcome floors for Virginia behavioral health providers

From 30 Virginia loans, FY2017 to FY2024 Virginia approvals run thin, and also funded Virginia loans are too sparse for charge-offs. Read both gaps as unknowns. In Virginia the same two codes serve behavioral health and addiction treatment alike, which blends two kinds of facility in the totals. Only loans in SBA's Virginia files appear.

What a Virginia treatment study must show

A residential program lives on census, so the plan should show payments covered at a low census on a loan near $306,250, not only at capacity. Name the courts, hospitals and clinicians near Henrico that could refer patients, and say how referrals reach the door. Accreditation and licensing can delay billing, and cash must carry the program until payers pay. Counselors and medical oversight form the core cost. Outpatient and residential models need different floor plans, so the sources and uses should say which one the loan builds. Appraisers ask who else could use a treatment building.