SBA Loans for Pharmacies and Drug Stores in New Jersey: Top Lenders
NAICS 446NAICS 446 covers pharmacies and drug stores businesses in New Jersey. Based on historical SBA 7(a) lending data.
Total Approvals
15
in New Jersey
Median Loan Size
$350,000
per approval
Recent Activity
0
last 90 days through Aug 2024
NAICS 446 covers pharmacies and drug stores businesses. This is a smaller category in SBA 7(a) lending with 15 approvals on record and a median loan size of $350,000.
Key trends & insights
- TD Bank, National Association leads this industry with 5 approvals (33% market share) and a median loan of $50,000.
- SBA data for this industry goes through 2024-08-20 — 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 New Jersey
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 5 | $50,000 | |
| 2 | 1 | $213,000 | |
| 3 | 1 | $1,200,000 | |
| 4 | 1 | $1,657,000 | |
| 5 | 1 | $350,000 | |
| 6 | 1 | $2,140,000 | |
| 7 | 1 | $3,300,000 | |
| 8 | 1 | $350,000 | |
| 9 | 1 | $150,000 | |
| 10 | 1 | $800,000 | |
| 11 | 1 | $560,000 |
Recent SBA 7(a) approvals for Pharmacies and Drug Stores in New Jersey
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-08 | TD Bank, National Association | Ber*****acy | BERLIN, NJ | $50,000 |
| 2023-04 | TD Bank, National Association | SN *****LLC | UNION CITY, NJ | $250,000 |
| 2021-12 | JPMorgan Chase Bank, National Association | EVA*****INC | LAKEWOOD, NJ | $350,000 |
| 2021-08 | TD Bank, National Association | Sug*****nc. | UNION CITY, NJ | $680,000 |
| 2021-08 | Live Oak Banking Company | W. *****CO. | DOVER, NJ | $1,200,000 |
| 2021-08 | TD Bank, National Association | Sug*****nc. | UNION CITY, NJ | $25,000 |
| 2021-08 | Unity Bank | RAG*****INC | CAMDEN, NJ | $213,000 |
| 2021-08 | Metro City Bank | PEN*****INC | LAWRENCE TOWNSHIP, NJ | $800,000 |
| 2021-07 | Five Star Bank | DRA*****NC. | SHORT HILLS, NJ | $350,000 |
| 2021-04 | PNC Bank, National Association | WIG*****LLC | SICKLERVILLE, NJ | $30,000 |
| 2021-02 | ConnectOne Bank | GDN*****LLC | Oradell, NJ | $250,000 |
| 2020-11 | Hanmi Bank | UNI*****ORP | SOUTH HACKENSACK, NJ | $1,657,000 |
| 2020-05 | Financial Resources Federal Credit Union | RI***LLC | RAHWAY, NJ | $3,300,000 |
| 2020-05 | Millennium Bank | Pri*****LLC | Elizabeth, NJ | $2,140,000 |
| 2020-04 | TD Bank, National Association | PEA*****RTA | SPARTA, NJ | $800,000 |
| 2020-04 | TD Bank, National Association | PEA*****RTA | SPARTA, NJ | $50,000 |
| 2020-02 | New Millennium Bank | 142*****LLC | PATERSON, NJ | $560,000 |
| 2020-02 | TD Bank, National Association | TAM*****INC | Garwood, NJ | $25,000 |
| 2019-10 | Bank of Hope | KOR*****NC. | PALISADES PARK, NJ | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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