Utah micro-market
Healthcare practice financing in Grantsville, Utah
Direct answer
Tooele County carries 9 SBA healthcare approvals worth $4,927,300, and inside Grantsville the census shows 25 enumerated clinicians against 15,682 residents, 15.9 per 10,000, 32 percent of them in physical, occupational, and speech therapy. Salt Lake City-Murray, UT lies 30 miles away.
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 Utah, and how many partners see it, is set out on the Utah page.
- Population: 15,682 residents (10K-25K band)1
- Healthcare providers registered here: 25 across 9 fields2
- Median household income: $97,2163
- Largest provider field: Physical, occupational, and speech therapy: 8 registered providers2
- Nearest metro: Salt Lake City-Murray, UT, 30 miles1
- SBA healthcare approvals in the county: 9 approvals totaling $4,927,3004
Grantsville clinicians, by field
25 providers across 9 fields, 15.9 per 10,000 residents, counted at Grantsville addresses in the NPPES monthly file
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Physical, occupational, and speech therapy | 8 | 5.1 | NPPES [2] |
| Chiropractic | 3 | 1.9 | NPPES [2] |
| Primary care and family medicine | 3 | 1.9 | NPPES [2] |
| General dentistry | 3 | 1.9 | NPPES [2] |
| Independent pharmacy | 2 | 1.3 | NPPES [2] |
| ABA and autism therapy | 2 | 1.3 | NPPES [2] |
| Optometry and ophthalmology | 2 | 1.3 | NPPES [2] |
| Specialty physician groups | 1 | 0.6 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 1 | 0.6 | NPPES [2] |
| Medical equipment suppliers | 1 | CMS [5] |
Physical, occupational, and speech therapy carries 8 of the 25 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
Tooele County approvals, dollars, and lending establishments
9 healthcare approvals sit in the county file, so an appraiser here works from a short comparable set
| Line | Amount | Reading and source |
|---|---|---|
| SBA healthcare approvals | 9 | Counted for the fiscal year the SBA publishes [4] |
| Approved dollars | $4,927,300 | Everything approved to healthcare borrowers, added up [4] |
| Average approval | $547,478 | The dollar column over the approval column [4] |
| Lending establishments in the county | 28 | Places that write credit locally, NAICS 522 [6] |
Reading Grantsville the way a credit committee does
The ratio that matters up front is 15.9 per 10,000, which decides whether a ramp schedule reads as conservative. With 9 approvals on record in Tooele County, expect a longer appraisal and a wider collateral discount. Household income of $97,216 in Grantsville 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
- Working capital term loan
- Expansion, relocation, and build-out
- Equipment financing and leasing
Weighted by how often each of the 9 local fields reaches for a program, not by what is easiest to refer. Utah rules and the partner decide availability.
Underwriting by field in Grantsville
physical, occupational, and speech therapy, chiropractic, primary care and family medicine account for most of what is enumerated in Grantsville, so those are the files funders see from this town
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (8) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Chiropractic (3) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
| Primary care and family medicine (3) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
NPPES supplies the Grantsville counts. The reading columns describe the field in general, and no partner reviewing a Grantsville file is bound by them.
How Grantsville prices against its neighbors
Density is the number that moves an appraisal: 15.9 per 10,000 here
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Grantsville (current) | 15,682 | 25 | 15.9 | |
| Tooele | 40,919 | 180 | 44.0 | 10 |
| Magna | 31,381 | 55 | 17.5 | 18 |
| Kearns | 39,398 | 20 | 5.1 | 24 |
| Herriman | 62,352 | 97 | 15.6 | 25 |
| South Jordan | 86,156 | 500 | 58.0 | 25 |
| Riverton | 46,680 | 297 | 63.6 | 27 |
How Grantsville sits against the nearest metro
Distance to Salt Lake City-Murray, UT is 30 miles. That is close enough for rent in Grantsville to be compared against the metro and far enough that patient draw is not. Median household income runs $97,216, 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 Utah towns
Grantsville owners, answered
01How many providers practice in Grantsville, and in what?
25 enumerations sit at Grantsville addresses in the monthly NPPES file, working out to 15.9 for every 10,000 residents. 32 percent of them are physical, occupational, and speech therapy, and chiropractic follows with 3. An enumeration is a clinician, so the 25 here cover fewer than 25 practices.
02What does Tooele County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Tooele County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 15,682 residents gets past the question of who would take the job.
03Why does Tooele County show so little SBA activity?
Tooele County shows 9 approvals in the SBA healthcare file, which means an appraiser reaches outside the county for comparables. Few sales, not weak credit, is the usual reason. 28 lending establishments operate locally.
04Is Grantsville underwritten as part of Salt Lake City-Murray, UT?
Partly. Salt Lake City-Murray, UT is 30 miles out, so rent and equipment comparables travel in from there while patients still come from the 15,682 residents around Grantsville. Cost side metro, revenue side local.
05What does a $97,216 median income mean for case acceptance?
Median household income in Grantsville runs $97,216. 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 Tooele County?
County Business Patterns records 28 credit intermediation establishments in Tooele County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Grantsville 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
- 4U.S. Small Business Administration, 7(a) and 504 approvals
- 5CMS Care Compare provider datasets
- 6U.S. Census Bureau, County Business Patterns 2022
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