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SBA Loans for Pharmacies and Drug Stores in New Jersey: Top Lenders

NAICS 446

NAICS 446 covers pharmacies and drug stores businesses in New Jersey. Based on historical SBA 7(a) lending data.

Total Approvals

15

in New Jersey

Median Loan Size

$350,000

per approval

Recent Activity

0

last 90 days through Aug 2024

NAICS 446 covers pharmacies and drug stores businesses. This is a smaller category in SBA 7(a) lending with 15 approvals on record and a median loan size of $350,000.

Key trends & insights

  • TD Bank, National Association leads this industry with 5 approvals (33% market share) and a median loan of $50,000.
  • SBA data for this industry goes through 2024-08-20 — 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 New Jersey

#LenderApprovalsMedian Size
1
TD Bank, National Association
5$50,000
2
Unity Bank
1$213,000
3
Live OAK Banking Company
1$1,200,000
4
Hanmi Bank
1$1,657,000
5
Five Star Bank
1$350,000
6
Millennium Bank
1$2,140,000
7
Financial Resources Federal Credit Union
1$3,300,000
8
Jpmorgan Chase Bank, National Association
1$350,000
9
Bank OF Hope
1$150,000
10
Metro City Bank
1$800,000
11
NEW Millennium Bank
1$560,000

Recent SBA 7(a) approvals for Pharmacies and Drug Stores in New Jersey

MonthLenderBorrowerAmount
2024-08TD Bank, National AssociationBer*****acy$50,000
2024-04TD Bank, National AssociationEle*****LLC$25,000
2023-09TD Bank, National AssociationATL*****LLC$350,000
2023-04TD Bank, National AssociationSN *****LLC$250,000
2023-02TD Bank, National AssociationMed*****LLC$95,000
2022-09Manufacturers and Traders Trust Companya &*****inc$100,000
2022-09Wells Fargo Bank National AssociationSOU*****INC$20,000
2022-06Manufacturers and Traders Trust CompanyBBB*****acy$25,000
2022-03PNC Bank, National AssociationGDN*****LLC$50,000
2022-02Dogwood State BankMo****LLC$125,000
2022-02First Bank of the LakeHu *****LLC$200,000
2022-02First Bank of the LakeHu *****LLC$286,900
2021-12JPMorgan Chase Bank, National AssociationEVA*****INC$350,000
2021-09Dogwood State BankMo****LLC$75,000
2021-09First Business BankPAR*****LLC$700,000
2021-08TD Bank, National AssociationSug*****nc.$680,000
2021-08TD Bank, National AssociationSug*****nc.$25,000
2021-08Live Oak Banking CompanyW. *****CO.$1,200,000
2021-08TD Bank, National AssociationJIC*****LLC$10,000
2021-08Unity BankRAG*****INC$213,000
2021-08Metro City BankPEN*****INC$800,000
2021-07Five Star BankDRA*****NC.$350,000
2021-06TD Bank, National AssociationPHA*****LLC$50,000
2021-05Bank of America, National AssociationDim*****LLC$212,500
2021-04PNC Bank, National AssociationWIG*****LLC$30,000
2021-02ConnectOne BankGDN*****LLC$250,000
2021-02Peapack Private Bank and TrustDev*****LLC$550,000
2020-11Hanmi BankUNI*****ORP$1,657,000
2020-11Byline BankSah*****nc.$625,000
2020-09First Commerce BankPro*****LLC$2,000,000
2020-09Live Oak Banking CompanyRyt*****LLC$2,400,000
2020-09Hana Bank USA National AssociationVP***nc.$340,000
2020-08Financial Resources Federal Credit UnionVAL*****LLC$1,000,000
2020-06Financial Resources Federal Credit UnionRI***LLC$350,000
2020-05Financial Resources Federal Credit UnionRI***LLC$3,300,000
2020-05Millennium BankPri*****LLC$2,140,000
2020-04TD Bank, National AssociationPEA*****RTA$800,000
2020-04TD Bank, National AssociationPEA*****RTA$50,000
2020-03Newtek Small Business Finance, Inc.LS *****LLC$360,000
2020-02New Millennium Bank142*****LLC$560,000
2020-02New Millennium Bank142*****LLC$560,000
2020-02TD Bank, National AssociationTAM*****INC$25,000
2019-12Unity Bank36-*****LLC$1,695,000
2019-10Bank of HopeKOR*****NC.$150,000
2019-10TD Bank, National AssociationST.*****LLC$100,000
2019-10Fulton Bank, National AssociationAE *****LLC$265,000
2019-10Bank of HopeS.H****Inc$60,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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