Pharmacies and Drug Retailers: SBA acquisition lenders
157 recorded SBA 7(a) acquisition approvals for Pharmacies and Drug Retailers, FY2024–FY2026. Median approved loan: $1.2M. See lenders and activity by state.
- Acquisitions financed
- 157
- Total approved
- $227.8M
- Median loan
- $1.2M
- Middle half of loans
- $740K to $1.9M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 33 | 21% | $1.6M | $67.2M |
| 2 | Byline Bank | 31 | 20% | $1.2M | $49.7M |
| 3 | First Financial Bank | 29 | 18% | $1.4M | $44.5M |
| 4 | The Huntington National Bank | 6 | 4% | $610K | $4.3M |
| 5 | Hanmi Bank | 3 | 2% | $840K | $2.9M |
| 6 | Oriental Bank | 3 | 2% | $239K | $689K |
| 7 | Community Bank, National Association | 3 | 2% | $50K | $150K |
| 8 | Unity Bank | 2 | 1% | $2.1M | $4.2M |
| 9 | PNC Bank, National Association | 2 | 1% | $1.9M | $3.7M |
| 10 | GBank | 2 | 1% | $1.2M | $2.3M |
| 11 | First National Bank of Coffee County | 2 | 1% | $1.1M | $2.2M |
| 12 | VelocitySBA, LLC | 2 | 1% | $920K | $1.8M |
| 13 | U.S. Bank, National Association | 2 | 1% | $677K | $1.4M |
| 14 | First Horizon Bank | 2 | 1% | $499K | $998K |
| 15 | Zions Bancorporation, National Association | 2 | 1% | $406K | $812K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 24 | $988K | $26.6M |
| New York | 14 | $1.0M | $16.8M |
| Georgia | 11 | $1.5M | $20.6M |
| Florida | 8 | $1.1M | $12.4M |
| New Jersey | 8 | $1.2M | $10.3M |
| Texas | 8 | $1.2M | $9.8M |
| Louisiana | 8 | $870K | $7.5M |
| North Carolina | 6 | $1.9M | $15.6M |
| Washington | 6 | $2.3M | $14.8M |
| Ohio | 5 | $1.4M | $7.5M |
| Wisconsin | 4 | $1.9M | $7.3M |
| Pennsylvania | 4 | $742K | $7.0M |
| Virginia | 4 | $1.5M | $5.4M |
| Puerto Rico | 4 | $220K | $739K |
| Connecticut | 3 | $2.0M | $7.7M |
| Michigan | 3 | $1.6M | $5.7M |
| Oklahoma | 3 | $1.6M | $5.0M |
| Alabama | 3 | $740K | $2.8M |
| Colorado | 2 | $2.6M | $5.2M |
| Tennessee | 2 | $2.2M | $4.5M |
| Arkansas | 2 | $2.1M | $4.3M |
| Utah | 2 | $2.1M | $4.2M |
| Illinois | 2 | $2.0M | $4.0M |
| Indiana | 2 | $1.4M | $2.9M |
| South Carolina | 2 | $1.1M | $2.2M |
| Arizona | 2 | $1.1M | $2.2M |
| Wyoming | 2 | $880K | $1.8M |
| Missouri | 2 | $800K | $1.6M |
| Nebraska | 2 | $130K | $260K |
| Minnesota | 1 | $2.4M | $2.4M |
| North Dakota | 1 | $2.1M | $2.1M |
| Mississippi | 1 | $1.6M | $1.6M |
| Massachusetts | 1 | $1.4M | $1.4M |
| Oregon | 1 | $1.2M | $1.2M |
| New Hampshire | 1 | $1.2M | $1.2M |
| Maryland | 1 | $850K | $850K |
| Kentucky | 1 | $450K | $450K |
| Kansas | 1 | $100K | $100K |