SBA Loans for Pharmacies and Drug Stores in Ohio: Top Lenders
NAICS 446NAICS 446 covers pharmacies and drug stores businesses in Ohio. Based on historical SBA 7(a) lending data.
Total Approvals
7
in Ohio
Median Loan Size
$146,500
per approval
Recent Activity
0
last 90 days through Jun 2021
NAICS 446 covers pharmacies and drug stores businesses. This is a smaller category in SBA 7(a) lending with 7 approvals on record and a median loan size of $146,500.
Key trends & insights
- Pharmacies and Drug Stores in Ohio lending is concentrated — THE Huntington National Bank, Byline Bank, Telhio Credit Union, INC. together account for 86% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 4 approvals (57% market share) and a median loan of $16,500.
- Pharmacies and Drug Stores in Ohio loans skew smaller than the SBA average at $146,500 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 2021-06-24 — 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 Ohio
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $16,500 | |
| 2 | 1 | $525,000 | |
| 3 | 1 | $146,500 | |
| 4 | 1 | $2,318,400 |
Recent SBA 7(a) approvals for Pharmacies and Drug Stores in Ohio
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-12 | Live Oak Banking Company | Qua*****nc. | GALION, OH | $900,000 |
| 2021-06 | The Huntington National Bank | Ver*****ion | VERMILION, OH | $8,000 |
| 2021-05 | The Huntington National Bank | Wel*****LLC | Cleveland, OH | $5,500 |
| 2021-03 | The Huntington National Bank | Alb*****LLC | CINCINNATI, OH | $25,000 |
| 2021-03 | The Huntington National Bank | Alb*****LLC | CINCINNATI, OH | $436,000 |
| 2021-02 | Byline Bank | IHS*****LLC | CINCINNATI, OH | $525,000 |
| 2020-08 | First Financial Bank | Fal*****LLC | Xenia, OH | $2,318,400 |
| 2020-03 | Telhio Credit Union Inc | Vit*****nc. | Pickerington, OH | $146,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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