SBA Loans for Medical Laboratories
1,546 SBA loans have funded medical laboratories nationwide, averaging $358K across 293 active SBA lenders, at an average note rate of 7.3%. SBA 7(a) loans up to $5M fund acquiring or expanding a clinical lab and analyzers and diagnostic instrumentation; SBA 504 loans cover owner-occupied real estate and equipment with as little as 10% down. PeerSense reads this lending history and matches you to the lender most likely to fund a medical laboratory.
Published: ·Last updated: ·By Ed Freeman, Capital Advisor. PeerSense
Source: SBA 7(a) and 504 loan records (NAICS 621511), 2000 to present.
1,546
SBA Loans Funded
$358K
Average Loan
7.3%
Avg Note Rate
10 yrs
Avg Term
293
Active Lenders
10.7%
Charge-Off Rate (resolved-loan basis)
What medical laboratories use SBA loans for
Where medical laboratories get SBA financing
| State | SBA Loans | Capital Deployed |
|---|---|---|
| Puerto Rico | 349 | $49.3M |
| California | 213 | $108.4M |
| Texas | 137 | $58.0M |
| Florida | 96 | $39.5M |
| Ohio | 51 | $17.1M |
SBA lenders active with medical laboratories
Ranked by real SBA funding activity in Puerto Rico, the top state for medical laboratories. PeerSense routes your deal to the lender most likely to approve and price it. You work with us, not a call list.
Get matched to an SBA lender for a medical laboratory.
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SBA 7(a) / 504, Medical Laboratories: Response within 24–48 hours. No obligation.
How medical laboratories qualify for an SBA loan
SBA 7(a) loans are the most common path for medical laboratories financing acquiring or expanding a clinical lab. They run up to $5M, fund up to 90% of a project, and amortize over 10 years for a business purchase or up to 25 years when real estate is included. SBA 504 loans pair a bank loan with a CDC debenture for owner-occupied real estate and heavy equipment, typically at 10% down.
With 1,546 loans on record across 293 lenders and a 10.7% historical charge-off rate, medical laboratories are a well-understood credit to SBA lenders, but not every lender is active in this profession or comfortable with its deal structure. PeerSense reads the lending history and routes your deal to the lender most likely to approve and price it, then stays with you through closing.