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NAICS 424210 · Wholesale
SBA loans for drugs and druggists' sundries merchant wholesalers
910 SBA loans worth $475.1M have been approved in this industry since FY2010 - the #223 most-financed NAICS code in the country.
Median loan
$154,750
-14% vs all industries
Typical range
$25K-$1.5M
Middle 80%
Median rate
7.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
11.7%
vs 7.6% all industries
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Most active in this industry
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Wells Fargo Bank | 59 | $28.9M | |
| JPMorgan Chase Bank | 83 | $19.6M | |
| U.S. Bank | 39 | $17.8M | |
| Newtek Small Business Finance, Inc. | 4 | $14.5M | |
| Bank of America | 18 | $13.8M | |
| Live Oak Banking Company | 5 | $11.6M | |
| KeyBank | 25 | $11.3M | |
| HSBC Bank USA | 3 | $10.0M | |
| Lake Michigan CU | 3 | $9.8M | |
| CDC Small Business Finance Corp. | 10 | $9.5M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 184 | |
| Florida | 122 | |
| New York | 115 | |
| New Jersey | 69 | |
| Texas | 45 | |
| Illinois | 25 | |
| Georgia | 23 | |
| Colorado | 21 |
An SBA 7(a) lender for loans this size
65% of the SBA loans approved in drugs and druggists' sundries merchant wholesalers since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K16%
- $50K - $150K27%
- $150K - $350K22%
- $350K - $1M20%
- $1M - $2M8%
- Over $2M7%
Franchise brands in Drugs and Druggists' Sundries Merchant Wholesalers
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Vital Care | 4 | $1.6M | |
| State Farm Insurance | 1 | $200K | |
| The Medicine Shoppe | 1 | $250K | |
| General Nutrition Center | 1 | $30K |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other wholesale industries
Common questions
- How much do SBA lenders typically lend to a drugs and druggists' sundries merchant wholesalers business?
- The median SBA approval in NAICS 424210 is $154,750, with the middle 80% of loans between $25,000 and $1,500,000. Across all industries the median is $180,000.
- Which lenders are most active in drugs and druggists' sundries merchant wholesalers?
- By dollars approved: Wells Fargo Bank, JPMorgan Chase Bank, U.S. Bank, Newtek Small Business Finance, Inc., Bank of America. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
- Is drugs and druggists' sundries merchant wholesalers considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.7% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.
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