SBA Loans for Pharmacies and Drug Stores in Maryland: Top Lenders
NAICS 446NAICS 446 covers pharmacies and drug stores businesses in Maryland. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Maryland
Median Loan Size
$40,000
per approval
Recent Activity
0
last 90 days through Mar 2022
NAICS 446 covers pharmacies and drug stores businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $40,000.
Key trends & insights
- Pharmacies and Drug Stores in Maryland loans skew smaller than the SBA average at $40,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2022-03-22 — 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 Maryland
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $30,000 | |
| 2 | 1 | $50,000 |
Recent SBA 7(a) approvals for Pharmacies and Drug Stores in Maryland
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-08 | Bank of America, National Association | Col*****nc. | COLUMBIA, MD | $150,000 |
| 2022-07 | Manufacturers and Traders Trust Company | Mid*****Inc | ELLICOTT CITY, MD | $200,000 |
| 2022-07 | Manufacturers and Traders Trust Company | Mid*****Inc | ELLICOTT CITY, MD | $50,000 |
| 2022-03 | Manufacturers and Traders Trust Company | NUB*****LLC | LAUREL, MD | $30,000 |
| 2022-02 | First Financial Bank | Vos*****nc. | BALTIMORE, MD | $1,610,000 |
| 2022-01 | Manufacturers and Traders Trust Company | Afr*****LLC | GAMBRILLS, MD | $90,000 |
| 2022-01 | Manufacturers and Traders Trust Company | Afr*****LLC | GAMBRILLS, MD | $25,000 |
| 2021-09 | Metro City Bank | Cel*****nc. | EDGEWOOD, MD | $280,000 |
| 2021-09 | Newtek Small Business Finance, Inc. | BAL*****INC | BALTIMORE, MD | $350,000 |
| 2021-08 | Manufacturers and Traders Trust Company | S.E*****LTD | BEL AIR, MD | $100,000 |
| 2021-08 | Manufacturers and Traders Trust Company | S.E*****LTD | BEL AIR, MD | $50,000 |
| 2021-08 | Wells Fargo Bank National Association | OBR*****LLC | SILVER SPRING, MD | $9,900 |
| 2021-07 | CDC Small Business Finance Corp. | She*****LLC | District Heights, MD | $36,000 |
| 2021-02 | Live Oak Banking Company | Med*****Inc | ROCKVILLE, MD | $4,500,000 |
| 2020-09 | Newtek Small Business Finance, Inc. | Div*****ndy | UPPERCO, MD | $360,000 |
| 2020-02 | First Financial Bank | SOL*****nc. | GLEN BURNIE, MD | $50,000 |
| 2020-01 | Bank of America, National Association | Dor*****LLC | Laurel, MD | $910,000 |
| 2020-01 | Wells Fargo Bank National Association | GEI*****LLC | CATONSVILLE, MD | $15,000 |
| 2019-11 | Manufacturers and Traders Trust Company | Bel*****LLC | Hanover, MD | $25,000 |
| 2019-11 | Manufacturers and Traders Trust Company | Bel*****LLC | Hanover, MD | $80,000 |
| 2019-10 | Wells Fargo Bank National Association | SPE*****LLC | DENTON, MD | $15,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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