Which SBA program is best for Offices of Physicians (except Mental Health Specialists)?

The SBA 7(a) program is the most commonly used for Offices of Physicians (except Mental Health Specialists) businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 621111Healthcare & Social ServicesLending Growing

How Much Can Offices of Physicians (except Mental Health Specialists) Businesses Get in SBA Loans?

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Address: Westfield, Westfield, IN, 46074, US
Telephone: +13174526990
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25,641 SBA loans totaling $11.6B have been approved for offices of physicians (except mental health specialists) businesses (NAICS 621111). The average approved SBA loan is $452K, which is 33% above avg the $340K national average. 1293 active lenders fund this industry with a 7.1% default rate on the matured 2018-2021 loan cohort.

Low default risk7.1% vs 15.4% all industry avg

At 7.1%, Offices of Physicians (except Mental Health Specialists) sits well below the 15.4% all industry SBA default rate (charged off as a share of resolved loans), low default risk relative to other SBA industries. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 621111 (Offices of Physicians (except Mental Health Specialists)) received 25,641 SBA loans worth $11.6B across 5+ states. Average loan $452K, average term 156 months, 7.1% default rate (resolved loan basis).1293 active SBA approved lenders fund this industry. Most offices of physicians (except mental health specialists) loans use the SBA 7(a) program. There are approximately 197,739 U.S. establishments in this industry (Census 2022).

25,641

Total SBA Loans

$11.6B

Total Volume

$452K

Avg Loan Size

33% above avg

1,293

Active Lenders

156 mo

Avg Term

20% above avg

190,970

Jobs Supported

Is SBA Lending Growing for Offices of Physicians (except Mental Health Specialists)?+45% growth

969

838

758

606

651

892

678

689

898

999

$485.6M

$446.9M

$438.3M

$378.9M

$412.6M

$715.8M

$578.4M

$424.4M

$591.8M

$624.1M

Which SBA Program Do Offices of Physicians (except Mental Health Specialists) Businesses Use Most?

SBA 7(a)19,827 (77%)

SBA 5045,814 (23%)

What Is the Best SBA Loan for Offices of Physicians (except Mental Health Specialists)?

SBA 7(a)

The most widely used SBA program for offices of physicians (except mental health specialists) businesses: flexible terms, multiple use cases

Industry avg loan: $452K

Typical term: 156 months

Historical avg rate: 6.88%

1293+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 7.1%

Where Are Offices of Physicians (except Mental Health Specialists) SBA Loans Most Common?

4,563 loans

$2.8B

2,579 loans

$1.3B

2,361 loans

$1.2B

1,958 loans

$707.6M

1,148 loans

$586.5M

SBA Lending Activity in Offices of Physicians (except Mental Health Specialists)

1,293 SBA lenders have funded 25,641 loans to offices of physicians (except mental health specialists) businesses (NAICS 621111). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

25,641

Active lenders

1,293

Total volume

$11.6B

Avg loan size

$452K

Browse all SBA lenders

Offices of Physicians (except Mental Health Specialists) Industry Context

U.S. Establishments

197,739

U.S. Census Bureau · 2022

U.S. Employment

27,722,000

BLS · 2026

SBA Penetration

12.97%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for offices of physicians (except mental health specialists) businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Offices of Physicians (except Mental Health Specialists) business.

Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.

SBA 7(a) / 504: PeerSense will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Offices of Physicians (except Mental Health Specialists) Businesses?

Across all SBA loan programs, 25,641 loans have been approved for businesses classified under NAICS 621111 (Offices of Physicians (except Mental Health Specialists)), representing $11.6B in total capital deployed. The average approved loan of $452K is 33% above avg the national SBA average of $340K, with typical repayment terms of 156 months.

SBA lending for offices of physicians (except mental health specialists) is accelerating. Loan volume has grown approximately 45% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.

Notably, 23% of SBA loans in this industry use the 504 program (well above the national average), indicating that offices of physicians (except mental health specialists) businesses frequently finance major fixed assets like real estate, heavy equipment, or facility buildouts. The 504 program offers up to $5.5M with below market fixed rates and only 10% down from the borrower.

Talk to PeerSense about a offices of physicians (except mental health specialists) file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Offices of Physicians (except Mental Health Specialists) SBA Loans

What is the average SBA loan size for offices of physicians (except mental health specialists) businesses?

Based on 25,641 approved SBA loans, the average loan size for offices of physicians (except mental health specialists) (NAICS 621111) is $452K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a offices of physicians (except mental health specialists) business?

SBA 7(a) is the most commonly used SBA program for offices of physicians (except mental health specialists) businesses. The most widely used SBA program for offices of physicians (except mental health specialists) businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for offices of physicians (except mental health specialists)?

1293 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a offices of physicians (except mental health specialists) file.

What states have the most SBA lending for offices of physicians (except mental health specialists)?

CA leads with 4,563 SBA loans and $2.8B in total volume for offices of physicians (except mental health specialists) businesses. TX, FL, NY also show strong lending activity in this sector.

How does PeerSense help offices of physicians (except mental health specialists) businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a offices of physicians (except mental health specialists) file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Healthcare & Social Services Industries

Offices of Dentists

36,078 loans · N/A

Avg: $468K

Child Day Care Services

29,236 loans · N/A

Avg: $529K

Offices of Chiropractors

20,511 loans · N/A

Avg: $166K

Home Health Care Services

9,391 loans · N/A

Avg: $355K

Offices of Physical, Occupational and Speech Therapists, and Audiologi

8,088 loans · N/A

Avg: $256K

Offices of All Other Miscellaneous Health Practitioners

7,476 loans · N/A

Avg: $276K

Data aggregated from SBA loan records (1992 to 2025). Offices of Physicians (except Mental Health Specialists) defined by NAICS code 621111. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.