Minnesota micro-market
Healthcare practice financing in Big Lake, Minnesota
Direct answer
Sherburne County carries 2 SBA healthcare approvals worth $402,900, and inside Big Lake the census shows 46 enumerated clinicians against 12,855 residents, 35.8 per 10,000, 35 percent of them in physical, occupational, and speech therapy. St. Cloud, MN lies 24 miles away.
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- Population: 12,855 residents (10K-25K band)1
- Healthcare providers registered here: 46 across 13 fields2
- Median household income: $113,3333
- Largest provider field: Physical, occupational, and speech therapy: 16 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: St. Cloud, MN, 24 miles1
Fields practicing inside Big Lake
35.8 providers per 10,000 residents is what 46 enumerations across 13 fields works out to in a town of 12,855
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 16 | 12.4 | NPPES [2] |
| General dentistry | 13 | 10.1 | NPPES [2] |
| Chiropractic | 4 | 3.1 | NPPES [2] |
| Primary care and family medicine | 2 | 1.6 | NPPES [2] |
| Behavioral and mental health group practices | 2 | 1.6 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 2 | 1.6 | NPPES [2] |
| IDD services | 1 | 0.8 | NPPES [2] |
| SUD treatment and residential | 1 | 0.8 | NPPES [2] |
| Dental specialties | 1 | 0.8 | NPPES [2] |
| Independent pharmacy | 1 | 0.8 | NPPES [2] |
| Optometry and ophthalmology | 1 | 0.8 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.8 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.8 | NPPES [2] |
| Medical equipment suppliers | 1 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Physical, occupational, and speech therapy carries 16 of the 46 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 Sherburne County
The county file holds 2 healthcare approvals, which is a thin comparable set for anyone pricing collateral
| What it measures | Value | How to read it |
|---|---|---|
| Healthcare files approved | 2 | Fiscal year published in the SBA file [5] |
| Dollars behind them | $402,900 | Sum of approvals to healthcare borrowers [5] |
| Typical approval size | $201,450 | Dollars divided by approvals [5] |
| Credit offices operating locally | 28 | Credit intermediation establishments, NAICS 522 [6] |
Reading Big Lake the way a credit committee does
Density of 35.8 per 10,000 sets the patient draw a projection can claim without an argument. With 2 approvals on record in Sherburne County, expect a longer appraisal and a wider collateral discount. Household income of $113,333 in Big Lake is the number a lender uses to sanity check the self-pay share of a revenue projection.
Where a file from this town usually lands
- Practice acquisition
- Startup and de novo
- Expansion, relocation, and build-out
- Equipment financing and leasing
- Working capital term loan
The 13 fields practicing locally set this order. A funding partner, not this list, decides what is available in Minnesota.
What a funder reads first in Big Lake
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, general dentistry, chiropractic
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Physical, occupational, and speech therapy (16) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| General dentistry (13) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
| Chiropractic (4) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
Column one counts Big Lake clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Big Lake file differently.
Big Lake against nearby Minnesota markets
Comparables travel. These are the Minnesota towns whose density, at 35.8 per 10,000 here, gets weighed beside this one.
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Big Lake (current) | 12,855 | 46 | 35.8 | |
| Monticello | 15,482 | 147 | 94.9 | 4 |
| Otsego | 23,875 | 86 | 36.0 | 8 |
| Elk River | 27,606 | 181 | 65.6 | 9 |
| Buffalo | 16,736 | 214 | 127.9 | 13 |
| Rogers | 14,493 | 115 | 79.3 | 14 |
| Ramsey | 28,999 | 83 | 28.6 | 15 |
Distance, income, and the wage floor around Big Lake
St. Cloud, MN lies 24 miles from Big Lake, close enough that appraisers price the lease against St. Cloud, MN rents while 12,855 residents set the revenue ceiling. Median household income runs $113,333, which is the number a funder converts into case acceptance on anything elective or cash-pay. Referral flow comes from outside Big Lake, which a projection needs to state plainly.
Nearby Minnesota towns
Questions from Big Lake
01How many providers practice in Big Lake, and in what?
Across 13 fields, Big Lake carries 46 enumerated clinicians, 35.8 per 10,000 of the 12,855 people living here. The concentration is in physical, occupational, and speech therapy, 16 of the total, then general dentistry at 13. Count practices from that only with care.
02What does Sherburne County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Sherburne County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 12,855 residents gets past the question of who would take the job.
03Why does Sherburne County show so little SBA activity?
Only 2 healthcare approvals appear for Sherburne County in the published 7(a) and 504 file. Thin volume in Sherburne County is a transaction count, not a verdict on borrowers here. The county still holds 28 credit intermediation establishments.
04Is Big Lake underwritten as part of St. Cloud, MN?
St. Cloud, MN sits 24 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read St. Cloud, MN; the 12,855 residents set the ceiling a projection can defend.
05What does a $113,333 median income mean for case acceptance?
Median household income in Big Lake runs $113,333. 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.
06Is there local lending capacity in Sherburne County?
County Business Patterns records 28 credit intermediation establishments in Sherburne County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Big Lake rents and resale before or by somebody working from a screen.
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
- 4CMS Care Compare provider datasets
- 5U.S. Small Business Administration, 7(a) and 504 approvals
- 6U.S. Census Bureau, County Business Patterns 2022
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