Seattle-Tacoma-Bellevue: veterinary clinic lending

In Seattle-Tacoma-Bellevue, across FY2017 to FY2026, SBA's records hold 37 veterinary clinic loans, adding up to $48.1 million in gross dollars. In Seattle-Tacoma-Bellevue, veterinary clinic lending lands 17 of 39 in the ranking of classes, and Seattle-Tacoma-Bellevue stands at 18 of 485 in every metro and micro area by veterinary clinic loan count. Seattle-Tacoma-Bellevue's location quotient is 0.72x: less weight than nationally. A typical Seattle-Tacoma-Bellevue loan, measured by the median, is $740,000. The central half of Seattle-Tacoma-Bellevue loans spans $400,000 to $1.9 million, and the median stands at which sits at 1.19x against the national class median. The record pairs a light weighting, 0.72x, with large loans: a median of $740,000 at 1.19x the class median nationally, and an upper quarter that begins at $1.9 million. Veterinary clinics here are a smaller part of the book than elsewhere, but the loans that exist are sizeable and none is franchised.

Seattle-Tacoma-Bellevue prints no program counts, as Loan Analytics withholds a 7(a) or 504 figure resting on a handful of loans. The franchised share of Seattle-Tacoma-Bellevue loans comes to 0.00%, which means no franchise brands figure in this Seattle-Tacoma-Bellevue cell. Among the Seattle-Tacoma-Bellevue holders 8 SBA 7(a) loans worth $6.9 million are held by Live Oak Banking Company. Seattle-Tacoma-Bellevue's holder rows record current holders only. Seattle-Tacoma-Bellevue borrowers get no signal of lender credit policy here. By county: King County, WA has 18 loans; Snohomish County, WA has 13 loans; Pierce County, WA has 6 loans.

Seattle-Tacoma-Bellevue: years, floors and limits

For Seattle-Tacoma-Bellevue, only some years can be given: FY2018 has 6 loans totalling $2.1 million; FY2021 has 7 loans totalling $15.2 million. Withheld for Seattle-Tacoma-Bellevue: FY2017, FY2019, FY2020 and FY2022 to FY2026. Seattle-Tacoma-Bellevue's withheld years do not mean none. Seattle-Tacoma-Bellevue's cancellation rate: suppressed, below 30 loans in all. The Seattle-Tacoma-Bellevue charge-off rate: not given, under 30 loans in all. Seattle-Tacoma-Bellevue's cut-off is Loan Analytics' own. Seattle-Tacoma-Bellevue has a small FY2017 to FY2021 group. Seattle-Tacoma-Bellevue is drawn on the 2023 July list. A loan joins Seattle-Tacoma-Bellevue solely through its county. Seattle-Tacoma-Bellevue leaves out unmatched loans.

Seattle-Tacoma-Bellevue: what to test

For a Seattle-area veterinary clinic, the study should count the households with pets inside the site's reach, identify the practices already serving them, and price the building and equipment against a loan around $740,000 or more. The salaries of the doctors and technicians who produce the revenue belong in the model, along with a realistic ramp for a new practice. Since the appraisal leans on practice income, each revenue line should be traceable to its source.

SBA veterinary clinic loans in the Seattle-Tacoma-Bellevue, WA Metro Area

Loans approved, FY2017 to FY2026	37
Gross dollars approved	$48.1 million
Median loan	$740,000
Middle half of loans, from	$400,000
Middle half of loans, to	$1.9 million
SBA 7(a) loans	withheld
SBA 504 loans	withheld
Franchise share of loans	0.00%
Rank among metro and micro areas for veterinary clinic loans	18 of 485
Rank of veterinary clinic among the classes in this area	17 of 39
Location quotient (share of loans against the national share)	0.72x
Median loan against the national median for the class	1.19x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA veterinary clinic loans approved in the Seattle-Tacoma-Bellevue, WA Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	withheld	withheld
FY2018	6	$2.1 million
FY2019	withheld	withheld
FY2020	withheld	withheld
FY2021	7	$15.2 million
FY2022	withheld	withheld
FY2023	withheld	withheld
FY2024	withheld	withheld
FY2025	withheld	withheld
FY2026	withheld	withheld

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Live Oak Banking Company	8	$6.9 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
King County, WA	18
Snohomish County, WA	13
Pierce County, WA	6

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MA-42660-C21.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a veterinary clinic project in the Seattle-Tacoma-Bellevue, WA Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Veterinary Clinic Feasibility Study in the Seattle-Tacoma-Bellevue, WA Metro Area