Offices of Dentists: SBA business acquisition loan data
481 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Offices of Dentists (NAICS 621210), totaling $494M. Median loan $760,000, 18% higher than the all-acquisition median. Annual volume rose 24% from FY2024 to FY2026.
- Loans, FY2018-FY2026
- 481
- Median loan
- $760,000 (middle half $415,400 to $1,285,000)
- Top lender
- United Midwest Savings Bank National Association (22%, 108 loans)
- Top state
- California
- Charge-off, FY2018-FY2021 loans
- 0.4% (all-acquisition: 3.5%)
- FY2026 loans (latest complete year)
- 51 (-16% vs FY2025)
SBA lenders approved 481 7(a) loans to buy dental practices from FY2018-FY2026, with a median of $760,000 and a middle half of $415,400 to $1,285,000. United Midwest Savings Bank National Association made 22% of them. 0.4% of 262 seasoned loans were charged off, 89% lower than the 3.5% all-acquisition rate.
Financing one? Read the guide: How to get an SBA loan to buy a dental practice
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The median SBA loan to buy dental practices was $760,000 across 481 acquisition loans (FY2018 to FY2026), 18% higher than the $645,250 median for all SBA-financed acquisitions. United Midwest Savings Bank National Association, Live Oak Banking Company and The Huntington National Bank made the most of them. Of 262 seasoned loans (FY2018 to FY2021), 0.4% were charged off, 89% lower than the 3.5% average for all SBA acquisition loans.
Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $1,285,000 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 1.0% of all SBA-financed business purchases, ranking #19 of 300 industries tracked.
- Geography. California leads with 77 loans; the top five states account for 50% of the industry's acquisitions.
- Jobs. Lenders reported 4,518 jobs supported across these loans, about 9.4 per acquisition, a rough proxy for the size of business changing hands.
How the Offices of Dentists industry compares
| Measure | Offices of Dentists | All acquisitions |
|---|---|---|
| Median loan | $760,000 | $645,250 |
| Middle half of loans | $415,400 to $1,285,000 | $283,000 to $1,465,000 |
| Average initial rate | 7.06% | 7.76% |
| Median term | 10 years | 10 years |
| Charge-off rate (seasoned loans) | 0.4% | 3.5% |
| Loans in sample | 481 | 48,902 |
The median for loans to buy dental practices is $760,000, above the $645,250 median for all SBA-financed acquisitions nationally.
The middle half runs $415,400 to $1,285,000, against $283,000 to $1,465,000 nationally; the median term is 10 years, the same as the national median; the average initial rate is 7.06%, below the 7.76% national average.
Seasoned loans were charged off at 0.4%, well below the 3.5% rate for all acquisition loans.
Loan size distribution
| Loan size | Offices of Dentists | All acquisitions |
|---|---|---|
| Under $350K | 18% | 30% |
| $350K to under $1M | 46% | 33% |
| $1M to under $2M | 24% | 19% |
| $2M and over | 12% | 17% |
Most loans to buy dental practices (64%) were under $1M, and the largest single band is $350K to under $1M at 46%, against 33% of all acquisition loans.
Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.
Lender concentration
United Midwest Savings Bank National Association made 22% of loans to buy dental practices, and the top three lenders together made 49%. 23 of the 135 lenders involved made three or more. Repeat experience is spread across many banks. That is a rough guide to how many banks have seen this kind of deal before.
Recent activity
In FY2025 and FY2026 combined, 112 loans to buy dental practices were approved. That is 65% more than the 68 approved in FY2023 and FY2024. The median was $847,600, slightly above the $760,000 median across all years.
Offices of Dentists acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 69 | $51.2M | $640,000 | |
| FY2019 | 51 | $67M | $935,000 | |
| FY2020 | 42 | $34.2M | $597,500 | |
| FY2021 | 100 | $95.4M | $753,000 | |
| FY2022 | 39 | $40.9M | $909,000 | |
| FY2023 | 27 | $34.6M | $913,500 | |
| FY2024 | 41 | $41.2M | $917,500 | |
| FY2025 | 61 | $64.4M | $717,000 | |
| FY2026 | 51 | $64.8M | $945,800 |
How often do these acquisition loans fail?
Of the 262 Offices of Dentists acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 1 have been charged off by the SBA, a rate of 0.4% by loan count and 0.3% by dollars. 184 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Offices of Dentists is 89% lower than the acquisition-loan average. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | California | 77 | 16.0% | $89.5M | |
| 2 | Ohio | 48 | 10.0% | $64.7M | |
| 3 | Texas | 48 | 10.0% | $54M | |
| 4 | Florida | 42 | 8.7% | $45.2M | |
| 5 | Michigan | 24 | 5.0% | $24M | |
| 6 | Illinois | 19 | 4.0% | $11.5M | |
| 7 | New York | 15 | 3.1% | $13.5M | |
| 8 | Colorado | 13 | 2.7% | $15.8M | |
| 9 | Georgia | 13 | 2.7% | $9.2M | |
| 10 | New Jersey | 11 | 2.3% | $14.3M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National Association | 108 | 22.5% | $152M | |
| 2 | Live Oak Banking Company | 79 | 16.4% | $115M | |
| 3 | The Huntington National Bank | 50 | 10.4% | $37.8M | |
| 4 | United Community Bank | 14 | 2.9% | $12M | |
| 5 | Manufacturers and Traders Trust Company | 10 | 2.1% | $5M | |
| 6 | UMB Bank, National Association | 9 | 1.9% | $3.9M | |
| 7 | Fifth Third Bank | 7 | 1.5% | $9.9M | |
| 8 | First-Citizens Bank & Trust Company | 7 | 1.5% | $9.5M | |
| 9 | Customers Bank | 7 | 1.5% | $6.5M | |
| 10 | U.S. Bank, National Association | 5 | 1.0% | $5.3M |
That draft favors the seller. We review it for the buyer, line by line.
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Franchise brands in Offices of Dentists
0% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Visiting Angels | 1 | 100.0% | $250K |
Questions buyers ask
How much is a typical SBA loan to buy a business in Offices of Dentists?
Median $760,000 across 481 acquisition loans (FY2018 to FY2026); the middle half ran $415,400 to $1,285,000. That is 18% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Offices of Dentists acquisitions?
United Midwest Savings Bank National Association (108), Live Oak Banking Company (79), The Huntington National Bank (50), United Community Bank (14), Manufacturers and Traders Trust Company (10).
Are businesses in Offices of Dentists often franchised?
Rarely. Only 0% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in Offices of Dentists?
Of 262 seasoned loans (FY2018 to FY2021), 0.4% charged off, 89% lower than the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Offices of Dentists acquisitions?
Median term 10 years, average initial rate 7.06% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
How much do you need down for an SBA loan to buy a dental practice?
The SBA requires the buyer to make an equity injection, commonly 10% of total project cost, and a lender may ask for more. The SBA file does not record injections, so the figures here are the financed portion: the median for loans to buy dental practices was $760,000, and the middle half ran $415,400 to $1,285,000.
How long does an SBA acquisition loan take?
For a change-of-ownership 7(a) loan, 45 to 90 days from application to close is typical. It varies by lender and by how quickly third-party reports, such as the business valuation and appraisal, come back. The SBA file records approval dates, not application dates, so this site cannot measure it. Lenders approved 112 loans to buy dental practices in FY2025 and FY2026.
Which banks make SBA loans for a dental practice?
By loan count, FY2018 to FY2026: United Midwest Savings Bank National Association (108), Live Oak Banking Company (79), The Huntington National Bank (50), United Community Bank (14), Manufacturers and Traders Trust Company (10). United Midwest Savings Bank National Association made 22% of loans to buy dental practices. Counts show past approvals only and do not predict whether a lender will approve a particular deal.
Terms signed in the LOI shape the purchase agreement that follows.
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Cite this data
SBA Acquisition Data, "Offices of Dentists: SBA acquisition loan data", https://sbaacquisitiondata.com/industry/offices-of-dentists-621210 (data as of September 30, 2026). Source: U.S. Small Business Administration 7(a) loan file, data.sba.gov. Aggregated by SBA Acquisition Data.
The figures on this page are also published as JSON at https://sbaacquisitiondata.com/data/industry/offices-of-dentists-621210.json.