SBA Loans for Pharmacies and Drug Stores in Virginia: Top Lenders

NAICS 446

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

Total Approvals

7

in Virginia

Median Loan Size

$100,000

per approval

Recent Activity

0

last 90 days through Jan 2022

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 $100,000.

Key trends & insights

  • Pharmacies and Drug Stores in Virginia 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 2022-01-14 — 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 Virginia

#LenderApprovalsMedian Size
11$100,000
21$70,000
31$1,155,000
41$60,000
51$53,000
61$490,500
71$170,000

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

MonthLenderBorrowerAmount
2022-01Virginia National BankMag*****LLC$70,000
2022-01Truist BankTex*****nc.$53,000
2021-08Citizens BankMi***LLC$490,500
2020-11Manufacturers and Traders Trust CompanyNDI*****NC.$60,000
2020-01Bank of HopeK. *****ion$170,000
2020-01Live Oak Banking CompanyPro*****urg$1,155,000
2020-01Pendleton Community Bank IncAnd*****nc.$100,000

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

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