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SBA Loans for Pharmacies and Drug Stores in New York: Top Lenders

NAICS 446

NAICS 446 covers pharmacies and drug stores businesses in New York. Based on historical SBA 7(a) lending data.

Total Approvals

22

in New York

Median Loan Size

$100,000

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 22 approvals on record and a median loan size of $100,000.

Key trends & insights

  • Pharmacies and Drug Stores in New York lending is concentrated — TD Bank, National Association, Manufacturers AND Traders Trust Company, Jpmorgan Chase Bank, National Association together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • TD Bank, National Association leads this industry with 6 approvals (27% market share) and a median loan of $25,000.
  • Pharmacies and Drug Stores in New York loans skew smaller than the SBA average at $100,000 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 2024-08-13 — 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 York

#LenderApprovalsMedian Size
1
TD Bank, National Association
6$25,000
2
Manufacturers AND Traders Trust Company
3$100,000
3
Jpmorgan Chase Bank, National Association
2$225,000
4
Woori America Bank
1$500,000
5
Brookline Bank, A Division OF Beacon Bank AND Trust
1$800,000
6
Lendingclub Bank, National Association
1$1,237,800
7
Community Bank, National Association
1$63,000
8
First Financial Bank
1$2,225,000
9
Bank OF Hope
1$50,000
10
Celtic Bank, CORP.
1$150,000
11
Brooklyn Cooperative FCU
1$25,000
12
Rhinebeck Bank
1$100,000
13
Columbia Bank
1$500,000
14
Metro City Bank
1$1,000,000

Recent SBA 7(a) approvals for Pharmacies and Drug Stores in New York

MonthLenderBorrowerAmount
2025-05Newtek Bank, National AssociationBel*****LLC$22,000
2024-08TD Bank, National AssociationBec*****nc.$25,000
2024-02TD Bank, National AssociationALE*****NC.$80,000
2023-11TD Bank, National AssociationHea*****nc.$250,000
2023-11Brooklyn Cooperative FCUBla*****Inc$25,000
2023-07Alma BankPR *****NC.$320,000
2022-11JPMorgan Chase Bank, National AssociationElg*****inc$100,000
2022-08TD Bank, National AssociationAsh*****LLC$20,000
2022-06TD Bank, National Association50C*****LLC$10,000
2022-04Community Bank, National AssociationSig*****des$63,000
2021-11First Financial BankNew*****nc.$2,225,000
2021-08Manufacturers and Traders Trust CompanyPAR*****INC$100,000
2021-08Rhinebeck BankKat*****nc.$100,000
2021-08Manufacturers and Traders Trust CompanyShi*****Inc$50,000
2021-08Woori America Bank170*****Inc$500,000
2021-06Metro City BankSol*****ion$1,000,000
2021-05Manufacturers and Traders Trust CompanyCOR*****NC.$100,000
2020-08Celtic Bank CorporationWIS*****LLC$150,000
2020-08Brookline Bank, a Division of Beacon Bank and TrustNOR*****TD.$800,000
2020-02Bank of HopeBEA*****NC.$50,000
2020-01JPMorgan Chase Bank, National Associationmr *****inc$350,000
2020-01Columbia BankBar*****Inc$500,000
2019-12PNC Bank, National AssociationHal*****nc.$350,000
2019-12Manufacturers and Traders Trust CompanyGir*****nc.$1,475,000
2019-11TD Bank, National AssociationTMV*****RP.$25,000
2019-10LendingClub Bank, National AssociationJ.R*****nc.$1,237,800

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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