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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 | Share |
|---|---|---|---|
| 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 |
An SBA 7(a) lender for loans this size
48% of the SBA loans approved in pharmacies and drug stores 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 $50K7%
- $50K - $150K19%
- $150K - $350K22%
- $350K - $1M31%
- $1M - $2M16%
- Over $2M6%
Franchise brands in Pharmacies and Drug Stores
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| The Medicine Shoppe | 70 | $55.1M | |
| Health Mart Pharmacy | 66 | $54.9M | |
| Health Mart Pharmacies | 45 | $33.7M | |
| Health Mart Inc. | 20 | $6.1M | |
| Medicap Pharmacy | 17 | $8.0M | |
| Good Neighbor Pharmacy | 11 | $24.4M | |
| 986 Pharmacy | 9 | $4.4M | |
| Vital Care | 6 | $4.4M | |
| Little Caesars | 1 | $975K | |
| Lizard Thicket | 1 | $2.2M |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other retail industries
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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