SBA Loans for Pharmacies and Drug Stores in South Carolina: Top Lenders

NAICS 446

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

Total Approvals

6

in South Carolina

Median Loan Size

$787,100

per approval

Recent Activity

0

last 90 days through Jul 2021

NAICS 446 covers pharmacies and drug stores businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $787,100.

Key trends & insights

  • Pharmacies and Drug Stores in South Carolina lending is concentrated — United Community Bank, Citizens Bank, Gulf Coast Bank AND Trust Company together account for 67% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • United Community Bank leads this industry with 2 approvals (33% market share) and a median loan of $215,000.
  • Pharmacies and Drug Stores in South Carolina loans run larger than the SBA average — a $787,100 median vs. ~$450,000 across all industries. These businesses typically need more capital.
  • SBA data for this industry goes through 2021-07-01 — 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 South Carolina

#LenderApprovalsMedian Size
12$215,000
21$799,000
31$775,200
41$869,900
51$2,630,000

Recent SBA 7(a) approvals for Pharmacies and Drug Stores in South Carolina

MonthLenderBorrowerAmount
2021-07Citizens BankSod*****LLC$799,000
2021-06United Community BankLak*****LLC$50,000
2021-06United Community BankLak*****LLC$380,000
2021-02First Financial BankElg*****nc.$2,630,000
2020-08Gulf Coast Bank and Trust CompanyPea*****822$775,200
2019-11Wells Fargo Bank National AssociationVc****llc$869,900

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

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