SBA Loans for Pharmacies and Drug Stores in Pennsylvania: Top Lenders
NAICS 446NAICS 446 covers pharmacies and drug stores businesses in Pennsylvania. Based on historical SBA 7(a) lending data.
Total Approvals
10
in Pennsylvania
Median Loan Size
$512,500
per approval
Recent Activity
0
last 90 days through Jul 2021
NAICS 446 covers pharmacies and drug stores businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $512,500.
Key trends & insights
- Pharmacies and Drug Stores in Pennsylvania lending is concentrated — Live OAK Banking Company, Northwest Bank, Woori America Bank together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Live OAK Banking Company leads this industry with 3 approvals (30% market share) and a median loan of $950,000.
- SBA data for this industry goes through 2021-07-01 — 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 Pennsylvania
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $950,000 | |
| 2 | 2 | $625,100 | |
| 3 | 1 | $350,000 | |
| 4 | 1 | $287,900 | |
| 5 | 1 | $500,000 | |
| 6 | 1 | $94,000 | |
| 7 | 1 | $2,052,000 |
Recent SBA 7(a) approvals for Pharmacies and Drug Stores in Pennsylvania
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-04 | Community Bank, National Association | Div*****LLC | LANSFORD, PA | $120,000 |
| 2022-02 | The Huntington National Bank | Eye*****LLC | Pittsburgh, PA | $11,100 |
| 2021-07 | Woori America Bank | New*****LLC | PHILADELPHIA, PA | $350,000 |
| 2021-06 | First National Bank of Pennsylvania | New*****LLC | NEW HOPE, PA | $287,900 |
| 2021-05 | Live Oak Banking Company | Cir*****LLC | PHILADELPHIA, PA | $525,000 |
| 2021-04 | Peoples Security Bank and Trust Company | I.C*****nc. | EYNON, PA | $500,000 |
| 2021-03 | Northwest Bank | SO***LLC | Pittsburgh, PA | $950,200 |
| 2021-03 | Northwest Bank | SO***LLC | Pittsburgh, PA | $300,000 |
| 2021-03 | Live Oak Banking Company | OM *****LLC | YORK, PA | $3,000,000 |
| 2021-02 | PNC Bank, National Association | Wor*****LLC | PITTSBURGH, PA | $350,000 |
| 2020-08 | Live Oak Banking Company | Blo*****nc. | BLOSSBURG, PA | $950,000 |
| 2020-06 | Ameris Bank | Acu*****LLC | LANCASTER, PA | $2,052,000 |
| 2020-01 | Manufacturers and Traders Trust Company | Le**LTD | BEDFORD, PA | $94,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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