How Much Can Drugs and Druggists' Sundries Merchant Wholesalers Businesses Get in SBA Loans?
1,582 SBA loans totaling $550.9M have been approved for drugs and druggists' sundries merchant wholesalers businesses (NAICS 424210). The average approved SBA loan is $348K, which is near national avg the $340K national average. 274 active lenders fund this industry with a 26.9% default rate on the matured 2018-2021 loan cohort.
At 26.9%, Drugs and Druggists' Sundries Merchant Wholesalers sits well above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — elevated default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 424210 (Drugs and Druggists' Sundries Merchant Wholesalers) received 1,582 SBA loans worth $550.9M across 5+ states. Average loan $348K, average term 104 months, 26.9% default rate (resolved-loan basis).274 active SBA-approved lenders fund this industry. Most drugs and druggists' sundries merchant wholesalers loans use the SBA 7(a) program.
Is SBA Lending Growing for Drugs and Druggists' Sundries Merchant Wholesalers?
Which SBA Program Do Drugs and Druggists' Sundries Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Drugs and Druggists' Sundries Merchant Wholesalers?
The most widely used SBA program for drugs and druggists' sundries merchant wholesalers businesses — flexible terms, multiple use cases
Where Are Drugs and Druggists' Sundries Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for Drugs and Druggists' Sundries Merchant Wholesalers
These banks have funded the most SBA loans for drugs and druggists' sundries merchant wholesalers businesses (NAICS 424210). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 196 | $20.5M |
| 2 | JPMorgan Chase Bank, National Association(OH) | 147 | $24.1M |
| 3 | TD Bank, National Association(DE) | 99 | $8.4M |
| 4 | Bank of Hope(CA) | 87 | $14.7M |
| 5 | Wells Fargo Bank National Association(SD) | 75 | $28.5M |
Ready to Fund Your Drugs and Druggists' Sundries Merchant Wholesalers Business?
PeerSense places SBA loans for drugs and druggists' sundries merchant wholesalers businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Drugs and Druggists' Sundries Merchant Wholesalers Businesses?
Across all SBA loan programs, 1,582 loans have been approved for businesses classified under NAICS 424210 (Drugs and Druggists' Sundries Merchant Wholesalers), representing $550.9M in total capital deployed. The average approved loan of $348K is near national avg the national SBA average of $340K, with typical repayment terms of 104 months.
SBA lending for drugs and druggists' sundries merchant wholesalers has remained relatively stable across recent fiscal years. 274 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
The industry sees a balanced mix of SBA programs, with 9% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching drugs and druggists' sundries merchant wholesalers business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Drugs and Druggists' Sundries Merchant Wholesalers SBA Loans
What is the average SBA loan size for drugs and druggists' sundries merchant wholesalers businesses?
Which SBA loan program is best for a drugs and druggists' sundries merchant wholesalers business?
How many lenders fund SBA loans for drugs and druggists' sundries merchant wholesalers?
What states have the most SBA lending for drugs and druggists' sundries merchant wholesalers?
How does PeerSense help drugs and druggists' sundries merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Drugs and Druggists' Sundries Merchant Wholesalers defined by NAICS code 424210. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.