SBA 7(a) Skilled Nursing Feasibility Study in Texas

Fourth among states, near the bottom inside Texas

Skilled nursing in Texas is 4 among states, yet the class sits at 29 of 39 among Texas's own asset classes. The state is big, so even a small share of its lending places it high nationally. SBA approved 33 loans from FY2017 to FY2026, worth $27.4 million. Texas borrowers show a $375,000 median, 0.75x the national mark, with ordinary loans from $200,000 to $1.0 million, which suggests partial purchases, working capital and equipment more than complete facility acquisitions. Franchise affiliation is only 3.0% of loans.

A spread of counties and no lender list

Travis County has 5 loans and Fort Bend 4, while Bexar, Dallas, Harris, Hidalgo, Jones, Montgomery and Williamson each have 2 and Angelina 1. This is a statewide scatter, not a cluster. No lender appears in this cell's table, so this page has nothing to say about which institutions hold these loans. Volume rises unevenly: none in FY2017, a peak of 8 loans and $15.3 million in FY2022 that is far larger per loan than the median, then 2 loans in FY2023, 8 loans and $5.1 million in FY2024, and 1 loan of $695,000 in FY2026.

Withheld rates and the coding blend

Cancellation and charge-off percentages are both left out of this cell, as too few loans lie behind them; withheld does not mean zero. Inpatient hospice and assisted living with nursing share the industry code with skilled nursing, so a Texas project in either of those lines is counted here and the class is broader than its name.

What a Texas nursing study has to prove

Texas leaves more room for private operators than many states, which makes local analysis essential. The study should map existing facilities, occupancy and any new supply, and then estimate admissions from nearby hospitals and the community. Payer mix and reimbursement drive revenue, while staffing, which is typically the biggest expense, should be priced at local wages with a plan for agency use. Licensing and certification, and in an acquisition the survey and compliance history, should be described. The payment has to be covered when census is lower than planned and when payment arrives late. Since the range of loans here is wide, the study should state what the money buys: equipment, renovation, a partner buy-in or a facility. Because the table names no lender, a Texas borrower should not draw conclusions about financing sources from this page and should ask each prospective lender about its own appetite for the class.