Illinois micro-market
Healthcare practice financing in Pingree Grove, Illinois
Direct answer
11,512 residents, 15 enumerated clinicians, 13.0 per 10,000, 20 percent of them in home health: that is the Pingree Grove market a funder prices. Kane County adds 9 healthcare approvals worth $1,979,400 and 34 miles of distance to Rockford, IL.
A location page indicates that Practition Finance is taking clients in that market. It does not represent a physical office, storefront, or licensed presence in that city or state. All services are delivered remotely by our US-based team. How a referral works in Illinois, and how many partners see it, is set out on the Illinois page.
- Population: 11,512 residents (10K-25K band)1
- Healthcare providers registered here: 15 across 9 fields2
- Median household income: $119,8803
- Largest provider field: Home health: 3 registered providers2
- Nearest metro: Rockford, IL, 34 miles1
- SBA healthcare approvals in the county: 9 approvals totaling $1,979,4004
What NPPES records at Pingree Grove addresses
13.0 providers per 10,000 residents is what 15 enumerations across 9 fields works out to in a town of 11,512
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Home health | 3 | 2.6 | NPPES [2] |
| Physical, occupational, and speech therapy | 3 | 2.6 | NPPES [2] |
| Chiropractic | 2 | 1.7 | NPPES [2] |
| Optometry and ophthalmology | 2 | 1.7 | NPPES [2] |
| Podiatry | 1 | 0.9 | NPPES [2] |
| Primary care and family medicine | 1 | 0.9 | NPPES [2] |
| General dentistry | 1 | 0.9 | NPPES [2] |
| Audiology and hearing centers | 1 | 0.9 | NPPES [2] |
| Non-medical home care | 1 | 0.9 | NPPES [2] |
Home health carries 3 of the 15 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
What lenders have already approved in Kane County
The county file holds 9 healthcare approvals, which is a thin comparable set for anyone pricing collateral
| What it measures | Value | How to read it |
|---|---|---|
| Healthcare files approved | 9 | Counted for the fiscal year the SBA publishes [4] |
| Dollars behind them | $1,979,400 | Everything approved to healthcare borrowers, added up [4] |
| Typical approval size | $219,933 | The dollar column over the approval column [4] |
| Credit offices operating locally | 232 | Places that write credit locally, NAICS 522 [5] |
How this data lands in an underwriting decision
The ratio that matters up front is 13.0 per 10,000, which decides whether a ramp schedule reads as conservative. With 9 approvals on record in Kane County, expect a longer appraisal and a wider collateral discount. A $119,880 median household income here sets the ceiling on what an elective or cash-pay line can be expected to carry.
Where a file from this town usually lands
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Medical receivables factoring
- Equipment financing and leasing
Built from what is enumerated here rather than from a national list, so a field with no presence in Pingree Grove does not appear. Availability is still a Illinois question.
The first pages of a Pingree Grove file
What a funder opens first depends on the field. In Pingree Grove that means home health, physical, occupational, and speech therapy, chiropractic.
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Home health (3) | Medicare certification first, Payer mix second, Days in accounts receivable third | Payroll between visit and remittance |
| Physical, occupational, and speech therapy (3) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Chiropractic (2) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
Counts in the first column are Pingree Grove providers from NPPES. The other two columns describe how funders read that field across markets like Pingree Grove, not what any funder will do with your file.
Pingree Grove against nearby Illinois markets
Comparables travel. These are the Illinois towns whose density, at 13.0 per 10,000 here, gets weighed beside this one.
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Pingree Grove (current) | 11,512 | 15 | 13.0 | |
| Huntley | 28,495 | 170 | 59.7 | 5 |
| Algonquin | 30,539 | 302 | 98.9 | 8 |
| Carpentersville | 37,144 | 61 | 16.4 | 8 |
| Lake in the Hills | 28,706 | 163 | 56.8 | 9 |
| South Elgin | 24,921 | 158 | 63.4 | 9 |
| Crystal Lake | 41,513 | 710 | 171.0 | 11 |
Distance, income, and the wage floor around Pingree Grove
Rockford, IL lies 34 miles from Pingree Grove, close enough for rent comparables to travel and far enough that patient draw does not. Median household income runs $119,880, which is the number a funder converts into case acceptance on anything elective or cash-pay. With no hospital in town, a projection has to name where referrals and coverage come from.
Nearby Illinois towns
- Huntley 28,495 residents
- Algonquin 30,539 residents
- Carpentersville 37,144 residents
- Lake in the Hills 28,706 residents
- South Elgin 24,921 residents
- Crystal Lake 41,513 residents
Pingree Grove owners, answered
01How many providers practice in Pingree Grove, and in what?
Across 9 fields, Pingree Grove carries 15 enumerated clinicians, 13.0 per 10,000 of the 11,512 people living here. The concentration is in home health, 3 of the total, then physical, occupational, and speech therapy at 3. Count practices from that only with care.
02Why does Kane County show so little SBA activity?
Only 9 healthcare approvals appear for Kane County in the published 7(a) and 504 file. Thin volume in Kane County is a transaction count, not a verdict on borrowers here. The county still holds 232 credit intermediation establishments.
03What does a $119,880 median income mean for case acceptance?
Median household income in Pingree Grove runs $119,880. On elective and cash-pay work that is the number a funder converts into case acceptance, and it sets how much of a treatment plan a projection can assume gets started rather than deferred.
04What does Kane County's shortage designation change?
HRSA designates Kane County for primary care, dental, mental health. That opens loan repayment programs for clinicians recruited into Pingree Grove and evidences a staffing ramp in a 11,512 resident market.
05Is there local lending capacity in Kane County?
County Business Patterns records 232 credit intermediation establishments in Kane County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Pingree Grove rents and resale before or by somebody working from a screen.
06Is Pingree Grove underwritten as part of Rockford, IL?
Partly. Rockford, IL is 34 miles out, so rent and equipment comparables travel in from there while patients still come from the 11,512 residents around Pingree Grove. Cost side metro, revenue side local.
Sources
- 1U.S. Census Bureau, Population Estimates, vintage 2024
- 2CMS NPPES, monthly full replacement file
- 3U.S. Census Bureau, ACS 5-year 2023, table B19013
- 4U.S. Small Business Administration, 7(a) and 504 approvals
- 5U.S. Census Bureau, County Business Patterns 2022
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