Veterinary Clinic Feasibility Study in the San Juan-Bayamón-Caguas, PR Metro Area

San Juan-Bayamón-Caguas: small clinic loans, high frequency

SBA's San Juan-Bayamón-Caguas, PR record shows 33 veterinary clinic loans worth $7.2 million for FY2017 to FY2026. The class ranks 8th of 39 here, and the area stands 21 of 485 for it. The location quotient of 1.81x says veterinary clinics weigh much more in this loan book than nationally, yet the median loan of $143,000 is only 0.23x the national median. Half the loans in the middle run $57,600 to $263,000. The franchise share is 0.00%.

Programs divide into 27 7(a) loans and 6 504 loans. Oriental Bank stands in SBA's records as holder of 11 loans worth $2.5 million, and Banco Popular de Puerto Rico as holder of 10 worth $1.5 million. Bayamón Municipio and Guaynabo Municipio each have 7 of the loans, and San Juan Municipio 6.

The calendar

FY2017 had 6 loans worth $715,400, FY2020 had 0 loans and $0, and FY2024 had 6 loans worth $2.2 million. Years beyond those three are too sparse to print, and the under-30-loan cohort leaves out any cancellation or charge-off rate. Municipios stand in for counties in this area.

A median of $143,000 at 0.23x the national median is the most striking figure here, and it means the typical San Juan area clinic loan is a small fraction of the national one. Franchise share reads 0.00%, so every clinic in the record is independent, and a borrower considering a franchised concept would find no precedent here. Cancellation and charge-off rates are missing as well. Two banks hold 21 of the 33 loans between them, as SBA lists them, which tells a borrower which institutions appear most often in this file without implying anything about how they lend.

What a San Juan clinic study must test

Planning a clinic here means weighing caseload against exam rooms and staff, revenue per visit, and equipment and fit-out cost next to a median near $143,000. Debt service must be shown as covered while the practice builds its clients, and lease or purchase terms must survive an appraisal. A lender wants proof that the site draws from enough nearby households and that licensing and staffing are in hand before the loan is sized.