SBA 7(a) Dental Office Feasibility Study in Alabama

Scale, size and standing of Alabama dental office loans under SBA 7(a)

Across FY2017 and FY2026, SBA backed 48 loans in the 7(a) program to dental office projects in Alabama, carrying $42.8 million in gross dollars. Alabama's dental office book under SBA 7(a) ranks 34 nationally on loan count, and dental office sits 7 of 39 among Alabama's asset classes. Midpoint size: $444,050. Compared with SBA 7(a) dental office lending nationwide, Alabama runs at 0.90x on the median, a more modest loan profile. Half of all Alabama loans fall from $229,875 to $1.2 million. Franchised clients account for 0.00% of the 48 loans. Alabama dental office lending blends into its parents across 48 loans: nothing in Alabama clears the distinctness margin, so Alabama readers needs to read Alabama's lender, county and timing detail.

The lenders and places behind Alabama's dental office loans

Leading the lenders table for Alabama: The Huntington National Bank at $11.6 million across 10 loans; Live Oak Banking Company at $14.4 million across 7 loans; Wells Fargo Bank National Association at $3.1 million across 7 loans. The Alabama dental office table follows whoever holds each Alabama loan; the original lender of those 10 loans may differ. Within Alabama, the counties in SBA's files are Jefferson with 18, Mobile with 5, Baldwin with 4 and Shelby with 4. The yearly pattern for Alabama is clear: approvals peaked at 7 loans, worth $6.1 million, in FY2024, with FY2026 at 4 loans and $660,000; the series opened in FY2017 at 6.

Alabama: outcomes, read as minimums for dental office

No fewer than 10.5% of Alabama's FY2017 to FY2024 dental office loans ended up cancelled once approved; a ceiling which includes undisbursed loans is 13.2%. For Alabama dental practices with funds paid out in the FY2017 through FY2021 window, the 48-loan record leaves too few charge-offs to measure with confidence; we give no Alabama number and imply no zero for dental office. Each Alabama dental office rate on this page is a minimum, as undisbursed dental office loans among the 48 can yet fail. SBA flags no coding caveat specific to dental office, but SBA files each Alabama borrower under an industry code, so a dental office operator among 48 Alabama loans could sit in a neighbouring class instead of dental office.

What an Alabama dental office study has to test

Under 7(a), an Alabama dental office request, one of 48, is judged by the Alabama originating lender, and that partly backed loan for the dental office rests on Alabama cash flow and the real estate the Alabama study has to document. Chair demand for an Alabama dental office comes from existing dentists per trade area, household composition and plan coverage, and the study measures. Fit-out of an Alabama dental office can be equipment-heavy, so our cost plan separates building from equipment spending. Stress the Alabama dental office numbers at the $444,050 median and at $1.2 million: coverage that survives only under a good year will not be enough. An appraisal of a dental office will split real estate and the practice, and the study holds them separate. Anyone applying through The Huntington National Bank should treat its 10 loans here as background alone: SBA's totals describe a book, not its requirements.

Daniel Smith, MAI, signs the Alabama dental office study: the $42.8 million approved before is orientation, and the dental office study itself tests the project questions; Alabama approval is never assured here.