Veterinary Clinic Feasibility Study in Idaho

A mid-ranked state with a clinic-sized loan

Idaho sits in the middle of the state ranking for veterinary lending. From FY2017 to FY2026 SBA approved 36 loans to Idaho veterinary clinics, totalling $25.4 million in gross dollars. The state ranks 28 of 53 for the class, and veterinary clinics stand 14 of 39 among classes financed in Idaho. A location quotient of 1.05x means clinics take almost exactly the share of Idaho's SBA approvals that they take nationally. The median loan of $483,500 is 0.78x the national median for the class, so Idaho clinics are financed a little more lightly than elsewhere.

Sizes, programs and lenders

Half of the loans fall between $143,250 and $897,875, a wide band. SBA 7(a) carried 24 loans and SBA 504 carried 12. Franchising is absent, at 0.00% of loans. Live Oak Banking Company and Zions Bancorporation, National Association each show 5 loans on the 7(a) side, though the loans held by Live Oak come to $8.0 million against $238,300 for those held by Zions. In the 504 table the leader is Capital Matrix, Inc., at 5 loans and $2.3 million. Kootenai County holds 12 loans and Ada County 8, with Bear Lake, Canyon and Twin Falls at 2 each.

A quiet middle of the decade

The yearly record is uneven. Approvals reached 8 in FY2021, then fell to no loans and $0 in both FY2022 and FY2023, and FY2024 shows a single loan of $693,000. Lending recovered with 4 loans and $6.6 million in FY2025 and 3 loans and $5.8 million in FY2026. FY2026 is a complete year, and the record gives no reason for the two empty years, so a study should not read the gap as proof of weak demand.

Outcome rates and what a study must test

Idaho veterinary clinics show no printed cancellation or charge-off rate, because fewer than 30 loans fall in each cohort and withholding a rate on fewer than 30 loans is Loan Analytics' own presentation choice, not an SBA rule. The blank makes no claim that the rates are low or zero. A feasibility study for an Idaho clinic should test the catchment in households with pets and in the number of competing practices, then examine the veterinarian supply that will staff the building, since recruitment limits capacity before demand does. It should separate real estate value from practice goodwill, test equipment cost against the ticket, and show coverage with a slower first year. An appraiser values the goodwill and the building differently, and the lender will want both supported.