SBA Loans for Pharmacies and Drug Stores: Top Lenders & Recent Approvals
NAICS 446NAICS 446 covers pharmacies and drug stores businesses. Based on historical SBA 7(a) lending data.
Total Approvals
263
for Pharmacies and Drug Stores
Median Loan Size
$330,000
per approval
Recent Activity
1
last 90 days through Dec 2025
NAICS 446 covers pharmacies and drug stores businesses. This is a moderately active sector for SBA 7(a) lending with 263 approvals and a median loan size of $330,000.
Key trends & insights
- SBA lending to pharmacies and drug stores businesses declined 81% year-over-year — from 333 to 62 approvals.
- Total SBA dollars flowing into this industry decreased by 93% year-over-year, reaching $13,692,600 in the trailing 12 months.
- The typical loan size for pharmacies and drug stores has increased 27% — average median moving from $249,500 to $316,667.
- Loan sizes vary dramatically by location — the median in South Carolina ($787,100) is 11.5x higher than Puerto Rico ($68,700).
Lending trends for Pharmacies and Drug Stores
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 73 | $1,250,000 | |
| 2 | 50 | $80,000 | |
| 3 | 44 | $57,600 | |
| 4 | 40 | $1,150,000 | |
| 5 | 38 | $43,100 | |
| 6 | 36 | $15,000 | |
| 7 | 33 | $60,000 | |
| 8 | 26 | $156,000 | |
| 9 | 24 | $150,000 | |
| 10 | 23 | $350,000 | |
| 11 | 22 | $350,000 | |
| 12 | 21 | $350,000 | |
| 13 | 19 | $525,000 | |
| 14 | 18 | $100,000 | |
| 15 | 16 | $160,000 | |
| 16 | 16 | $150,000 | |
| 17 | 14 | $350,000 | |
| 18 | 13 | $350,000 | |
| 19 | 13 | $150,000 | |
| 20 | 12 | $1,000,000 |
Recent SBA 7(a) approvals for Pharmacies and Drug Stores
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Newtek Bank, National Association | Cit*****Inc | SAN FRANCISCO, CA | $2,000,000 |
| 2025-09 | Community Trust Bank, Inc. | Gla*****LLC | MIDWAY, KY | $192,900 |
| 2025-09 | CalPrivate Bank | Ins*****ear | MONTEREY, CA | $650,000 |
| 2025-06 | Oriental Bank | OM****INC | MANATI, PR | $100,000 |
| 2025-05 | Newtek Bank, National Association | Bel*****LLC | NEW YORK, NY | $22,000 |
| 2025-04 | Newtek Bank, National Association | Org*****nc. | AUSTIN, TX | $500,000 |
| 2025-04 | Manufacturers and Traders Trust Company | RIV*****LLC | BRONX, NY | $230,000 |
| 2025-03 | Woodlands Community Lenders, Inc. | Bec*****ore | Elkins, WV | $20,000 |
| 2025-01 | TD Bank, National Association | Ski*****nc. | GREAT NECK, NY | $25,000 |
| 2024-12 | Cadence Bank | Col*****LLC | TEMPLE, TX | $460,000 |
| 2024-11 | FirstBank Puerto Rico | Pha*****.C. | Aibonito, PR | $25,000 |
| 2024-10 | TD Bank, National Association | DES*****NC. | ANNANDALE, VA | $100,000 |
| 2024-08 | TD Bank, National Association | Ber*****acy | BERLIN, NJ | $50,000 |
| 2024-08 | TD Bank, National Association | Bec*****nc. | NEW YORK, NY | $25,000 |
| 2024-08 | TD Bank, National Association | Art*****Inc | PHILADELPHIA, PA | $80,000 |
| 2024-06 | TD Bank, National Association | Nai*****Inc | LAWRENCE, MA | $50,000 |
| 2024-04 | TD Bank, National Association | Ele*****LLC | WAYNE, NJ | $25,000 |
| 2024-04 | Byline Bank | ALP*****LLC | MIAMI, FL | $465,000 |
| 2024-04 | Shinhan Bank America | Joy*****nc. | BUENA PARK, CA | $2,000,000 |
| 2024-02 | TD Bank, National Association | ALE*****NC. | HUNTINGTON, NY | $80,000 |
| 2023-12 | Banco Popular de Puerto Rico | ROD****LLC | TRUJILLO ALTO, PR | $25,000 |
| 2023-12 | Banco Popular de Puerto Rico | ROD****LLC | TRUJILLO ALTO, PR | $156,000 |
| 2023-11 | TD Bank, National Association | Hea*****nc. | BROOKLYN, NY | $250,000 |
| 2023-11 | TD Bank, National Association | KD *****Inc | MIDDLETOWN, DE | $40,000 |
| 2023-11 | BayFirst National Bank | Cin*****LLC | WEST CHESTER, OH | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Activity by state
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | California | 33 |
| 2 | New York | 22 |
| 3 | Texas | 21 |
| 4 | Florida | 19 |
| 5 | New Jersey | 15 |
| 6 | Puerto Rico | 15 |
| 7 | Georgia | 11 |
| 8 | Pennsylvania | 10 |
| 9 | North Carolina | 9 |
| 10 | Louisiana | 7 |
| 11 | Michigan | 7 |
| 12 | Ohio | 7 |
| 13 | Virginia | 7 |
| 14 | South Carolina | 6 |
| 15 | Missouri | 6 |
| 16 | Washington | 6 |
| 17 | Massachusetts | 5 |
| 18 | Alabama | 4 |
| 19 | Arizona | 4 |
| 20 | Illinois | 4 |
| 21 | Kentucky | 4 |
| 22 | Minnesota | 4 |
| 23 | Oklahoma | 4 |
| 24 | Wisconsin | 4 |
| 25 | New Mexico | 3 |
SBA loans for Pharmacies and Drug Stores by state
Similar industries
All Other Specialty Food Stores
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Boat Dealers
NAICS 441 · 720 approvals
Nursery and Garden Centers
NAICS 444 · 486 approvals
Gasoline Stations with Convenience Stores
NAICS 447 · 362 approvals
NAICS 449
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Jewelry Stores
NAICS 448 · 284 approvals
All Other Home Furnishings Stores
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Electronics Stores
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Frequently asked questions about SBA loans for Pharmacies and Drug Stores
Who are the top SBA lenders for Pharmacies and Drug Stores?▾
Based on historical SBA 7(a) data, the most active lenders for Pharmacies and Drug Stores (NAICS 446) include Live OAK Banking Company, TD Bank, National Association, THE Huntington National Bank, and 17 more. Live OAK Banking Company leads with 73 approved loans.
What is the typical SBA loan size for Pharmacies and Drug Stores?▾
The median SBA 7(a) loan amount for Pharmacies and Drug Stores businesses is $330,000, based on 263 total approved loans in the dataset.
Which states have the most SBA lending activity for Pharmacies and Drug Stores?▾
California leads with 33 SBA 7(a) approvals for Pharmacies and Drug Stores, followed by New York (22) and Texas (21).
How do I find the best SBA lender for my pharmacies and drug stores business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 446. You can also use the MyLenderPilot Lender Fit Quiz to get a personalized ranking based on your state, loan size, and years in business.
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