SBA 7(a) Dental Office Feasibility Study in Oregon

What Oregon data for dental office (SBA 7(a)) lending

SBA's files show 56 approvals under 7(a) for dental office projects in Oregon between FY2017 and FY2026, worth $46.6 million. In a state-by-state ordering of dental office (SBA 7(a)) loan counts, Oregon lands at 31; inside Oregon itself, this class holds 13 of 39 across the asset classes. Midpoint size: $523,000. Compared with dental office (SBA 7(a)) lending nationwide, Oregon runs at 1.06x on that median, a heavier ticket profile. Half of all Oregon loans run from $150,000 to $1.2 million. 0.00% of these Oregon loans went to franchised businesses. Neither the $523,000 median nor any other metric across 56 Oregon dental office loans stands out from both parents, so Oregon's institutions, counties and years carry the dental office page.

Who lends, where and when in Oregon

Among Oregon lenders, the top names by loans authorized are Live Oak Banking Company at $22.9 million across 13 loans and Columbia Bank at $2.0 million across 7 loans. The Oregon dental office ranking follows whoever holds each Oregon loan; the original lender of those 13 loans may differ. Within Oregon, the counties with the most loans are Washington with 10, Multnomah with 9, Clackamas with 8 and Lane with 8. On the calendar for Oregon, approvals peaked at 9 loans, worth $11.0 million, in FY2021, with 3 loans and $5.1 million in FY2026; the first year of data, FY2017, had 4 loans.

Oregon: floors for cancellation and loss, with one dental office coding caveat

Cancellation following approval reach at least 22.7% for Oregon FY2017 to FY2024 dental office approvals, with the ceiling sitting at the same 22.7%. Too few of the 56 dental office loans funded in Oregon between FY2017 and FY2021 to support a dental office charge-off rate, and for that reason no rate appears and the dental office gap is not a zero. Each Oregon dental office rate above is a minimum, since open dental office loans among the 56 may yet change. SBA classifies the 56 Oregon applicants by industry code, not by dental office building or concept, so dental office here follows the code groupings, not dental office's physical use of an Oregon site.

Testing an Oregon dental office loan request

Under 7(a), an Oregon dental office request, one of 56, is judged by the Oregon participating lender, whose guaranteed dental office loan depends on Oregon cash flow and collateral the Oregon study must support. Patient demand for an Oregon dental office comes from practice dentists per trade area, the age mix and plan participation, which the study measures. Build-out of an Oregon dental office is dominated by equipment, so the budget separates building and practice spending. Debt service coverage for Oregon dental office must be shown at the $523,000 median and also near $1.2 million, the upper end of the Oregon middle half, alongside a weaker dental office scenario next to both. Appraisal of Oregon dental office real estate turns on the rent a typical dentist could carry, not the one owner's results. A borrower that is approaching Live Oak Banking Company can read its 13 loans here as perspective alone: SBA's figures show loans, not any terms.

Nothing above predicts how a given Oregon dental office loan will perform. 56 approvals are the backdrop in Oregon; the Oregon project analysis comes from the study Loan Analytics prepares for dental office, signed by Daniel Smith, MAI, and no Oregon approval is implied.