How much do SBA lenders typically lend to a pharmacies and drug stores business?

The median SBA approval in NAICS 446110 is $350,000, with the middle 80% of loans between $50,000 and $1,550,000. Across all industries the median is $180,000.

Which lenders are most active in pharmacies and drug stores?

By dollars approved: Live Oak Banking Company, First Financial Bank, Wells Fargo Bank, JPMorgan Chase Bank, First Bank. 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 pharmacies and drug stores considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.9% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 446110 · Retail

SBA loans for pharmacies and drug stores

4,651 SBA loans worth $2.93B have been approved in this industry since FY2010 - the #48 most-financed NAICS code in the country.

Median loan

$350,000

+94% vs all industries

Typical range

$50K-$1.6M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

5.9%

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
Live Oak Banking Company	1,108	$1.32B
First Financial Bank	359	$323.9M
Wells Fargo Bank	178	$67.3M
JPMorgan Chase Bank	228	$48.7M
First Bank	42	$38.7M
The Huntington National Bank	137	$38.7M
U.S. Bank	79	$34.5M
Truist Bank	63	$22.8M
Newtek Small Business Finance, Inc.	21	$20.8M
PNC Bank	80	$20.4M

Geography

Where these loans were made

State	Loans	Share
California	538
Texas	382
New York	350
Puerto Rico	225
Florida	210
Pennsylvania	179
Michigan	176
North Carolina	167

Approvals by fiscal year

’10

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
7%
$50K - $150K
19%
$150K - $350K
22%
$350K - $1M
31%
$1M - $2M
16%
Over $2M
6%

Nearby

Other retail industries

See the sector

Gasoline Stations with Convenience Stores9,734 · $788,400 Beer, Wine, and Liquor Stores8,158 · $300,000 Supermarkets and Other Grocery Retailers7,314 · $350,000 Convenience Stores4,629 · $179,100 Used Car Dealers4,422 · $227,750 Automotive Parts and Accessories Stores2,779 · $181,100 Beer, Wine, and Liquor Retailers2,760 · $500,000 All Other Specialty Food Stores2,624 · $150,000

Common questions

How much do SBA lenders typically lend to a pharmacies and drug stores business?: The median SBA approval in NAICS 446110 is $350,000, with the middle 80% of loans between $50,000 and $1,550,000. Across all industries the median is $180,000.
Which lenders are most active in pharmacies and drug stores?: By dollars approved: Live Oak Banking Company, First Financial Bank, Wells Fargo Bank, JPMorgan Chase Bank, First Bank. 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 pharmacies and drug stores considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.9% were charged off, versus 7.6% across all SBA lending. That is close to average.

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