SBA Loans for Pharmacies and Drug Stores in Kentucky: Top Lenders
NAICS 446NAICS 446 covers pharmacies and drug stores businesses in Kentucky. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Kentucky
Median Loan Size
$1,049,000
per approval
Recent Activity
0
last 90 days through Nov 2021
NAICS 446 covers pharmacies and drug stores businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $1,049,000.
Key trends & insights
- Pharmacies and Drug Stores in Kentucky lending is concentrated — First Commonwealth Bank, Community Trust Bank, INC., Live OAK Banking Company together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- First Commonwealth Bank leads this industry with 2 approvals (50% market share) and a median loan of $1,049,000.
- Pharmacies and Drug Stores in Kentucky loans run larger than the SBA average — a $1,049,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2021-11-18 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Pharmacies and Drug Stores in Kentucky
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $1,049,000 | |
| 2 | 1 | $160,000 | |
| 3 | 1 | $1,250,000 |
Recent SBA 7(a) approvals for Pharmacies and Drug Stores in Kentucky
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-11 | Community Trust Bank, Inc. | Mou*****nc. | PIKEVILLE, KY | $160,000 |
| 2021-08 | Live Oak Banking Company | McI*****nc. | FRANKFORT, KY | $1,250,000 |
| 2021-04 | First Financial Bank | Adv*****LLC | SOMERSET, KY | $450,000 |
| 2020-08 | First Commonwealth Bank | Nat*****INC | RICHMOND, KY | $1,000,000 |
| 2020-08 | First Commonwealth Bank | Nat*****INC | RICHMOND, KY | $1,098,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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