Which lenders are a good match for a Dentist SBA loan?
Offices of Dentists project state SBA 7(a) loan approvals in 2020.
Offices of Dentists Industry Highlights
In 2020 the Offices of Dentists industry ranked #14 in SBA 7(a) number of loan approvals and was the #6 ranked industry for loan approval amounts.
All-time there have been 1,381 lenders who have approved 27,434 SBA 7(a) loan approvals to Dentist businesses for $11,123,521,112. Loan approvals went to borrowers from 4,491 cities for projects in 50 states.
In 2020 Dentist businesses received 553 SBA 7(a) loan approvals from 171 lenders for $416,865,503. The average loan approval amount in 2020 was $753,826. Approvals went to borrowers from 399 cities for projects in 49 states.
For 2020 franchised Dentist businesses SBA lending there were only 2 SBA approvals for a sum of $822,700.
Our forecast model projects the Offices of Dentists industry receiving $479 million in SBA 7(a) approvals in 2021.
Read our Industry page on Offices of Dentists SBA lending for a full report, but below are a few highlights:
Historical SBA 7(a) Lending for the Offices of Dentists Industry
2020 Top 25 SBA Lenders
Offices of Dentists
Loan Approvals
Approval Amounts
Offices of Dentists SBA 7(a) Loan Amounts
Average SBA 7(a) loan approval amount in 2020 was $753,826.
42.49% of approved loans in 2020 were for loan amounts up to $350,000.
24.23% of approved loans in 2020 were for loan amounts up to $150,000.
21.16% of approved loans in 2020 were for loan amounts over $1 million.
9.05% of loan approvals were for multi-million loan amounts.
Offices of Dentists SBA 7(a) Lending Forecast
Our forecast model projects the Offices of Dentists industry receiving $204 million in SBA 7(a) approvals in 2021.
See our full (and free) SBA report on Offices of Dentists
This report has about everything a small business owner would want to know about SBA 7(a) loans to Dentists. See the 2020 top ranked lenders and franchise brands by loan amounts, default data, our SBA lending forecasts, the top project states and borrower cities, and more.
