How much do SBA lenders typically lend to a offices of physicians business?

The median SBA approval in NAICS 621111 is $270,000, with the middle 80% of loans between $50,000 and $1,433,500. Across all industries the median is $180,000.

Which lenders are most active in offices of physicians?

By dollars approved: Wells Fargo Bank, JPMorgan Chase Bank, Live Oak Banking Company, PNC Bank, U.S. Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is offices of physicians considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.6% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 621111 · Health Care

SBA loans for offices of physicians

15,804 SBA loans worth $8.72B have been approved in this industry since FY2010 - the #8 most-financed NAICS code in the country.

Median loan

$270,000

+50% vs all industries

Typical range

$50K-$1.4M

Middle 80%

Median rate

6.20%

7(a) initial note rate

Median term

10 yr

Charge-off rate

4.6%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
Wells Fargo Bank	1,106	$812.5M
JPMorgan Chase Bank	1,478	$314.9M
Live Oak Banking Company	193	$313.8M
PNC Bank	585	$276.2M
U.S. Bank	408	$243.1M
The Huntington National Bank	607	$237.4M
Mortgage Capital Development Corporation	199	$209.2M
CDC Small Business Finance Corp.	250	$203.2M
California Statewide Certified Development Corporation	163	$195.1M
Florida Business Development Corporation	259	$181.1M

Geography

Where these loans were made

State	Loans	Share
California	2,773
Texas	1,699
Florida	1,606
New York	1,149
Puerto Rico	682
Arizona	596
Georgia	522
Michigan	455

Approvals by fiscal year

’10

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Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
10%
$50K - $150K
23%
$150K - $350K
24%
$350K - $1M
27%
$1M - $2M
11%
Over $2M
6%

Nearby

Other health care industries

See the sector

Offices of Dentists18,185 · $405,000 Child Care Services15,205 · $387,000 Offices of Chiropractors9,664 · $125,950 Home Health Care Services7,245 · $166,000 Offices of All Other Miscellaneous Health Practitioners5,784 · $150,000 Offices of Physical, Occupational and Speech Therapists, and Audiologists5,730 · $145,000 Offices of Mental Health Practitioners4,139 · $135,000 Assisted Living Facilities for the Elderly3,629 · $700,000

Common questions

How much do SBA lenders typically lend to a offices of physicians business?: The median SBA approval in NAICS 621111 is $270,000, with the middle 80% of loans between $50,000 and $1,433,500. Across all industries the median is $180,000.
Which lenders are most active in offices of physicians?: By dollars approved: Wells Fargo Bank, JPMorgan Chase Bank, Live Oak Banking Company, PNC Bank, U.S. Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is offices of physicians considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.6% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

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