SBA 7(a) Dental Office Feasibility Study in Oklahoma

Big dental loans, a Live Oak book

Oklahoma dental offices borrow at a size well above the national mark. The 51 loans total $53.5 million, with a midpoint of $610,000, which is 1.23x the national 7(a) dental midpoint, and a middle half running from $187,500 to $1.5 million. Not one Oklahoma dental loan is franchised; that share reads 0.00%. Oklahoma ranks 33 against other states in count, and dental office is 12 of 39 in Oklahoma's own mix. The dollars per loan are what stands out, driven by practice acquisitions and build-outs rather than equipment alone.

Lenders and years

Live Oak Banking Company holds 12 loans with $22.3 million, a large share of the total. Arvest Bank holds 8 with $3.7 million, and The Huntington National Bank holds 7 with $8.8 million. These are present holders as SBA lists them. Tulsa County has 20 loans and Oklahoma County 13, with Canadian and McIntosh at 3 each. The calendar is uneven: 15 loans in FY2020, then 1 in FY2022, 5 in FY2023 and FY2025, and 1 in FY2026, a pattern that suggests acquisition waves rather than steady demand.

Floors on outcomes

Oklahoma dental approvals dated through FY2024 lost at least 15.6% to cancellation, the ceiling matching it. Cancellation at that level means a lender should ask what typically derails these deals, such as a seller's price, an equipment quote or a lease. As for losses, 30 loans funded in the early cohorts show 0.00% charged off, a floor, and 0.00% again within five years. Thirty loans make a small and young cohort.

Proof an Oklahoma dental practice loan needs

Everything in dental rests on the patient base. Show the households within the practice's draw, the dentists already serving them, and, for a purchase, the share of patients expected to stay. For an acquisition, the study must reconcile the price with the practice's collections, the hygiene schedule and the production per chair. For a start-up, show the ramp of new patients per month and the months before the practice covers its payment. Fit-out of operatories is costly, so itemise plumbing, imaging and cabinetry. Test coverage if the associate or the hygienist leaves. The appraisal of dental space is specialised, so the study should explain what a later user, perhaps another dentist, would pay.