How Much Can Pharmacies and Drug Stores Businesses Get in SBA Loans?
7,953 SBA loans totaling $3.6B have been approved for pharmacies and drug stores businesses (NAICS 446110). The average approved SBA loan is $454K, which is 33% above avg the $340K national average. 955 active lenders fund this industry with a 6.6% default rate on the matured 2018-2021 loan cohort.
At 6.6%, Pharmacies and Drug Stores sits well below the 15.4% all industry SBA default rate (charged off as a share of resolved loans), low default risk relative to other SBA industries. The capital source prices this risk into rate and structure.
NAICS 446110 (Pharmacies and Drug Stores) received 7,953 SBA loans worth $3.6B across 5+ states. Average loan $454K, average term 121 months, 6.6% default rate (resolved loan basis).955 active SBA approved lenders fund this industry. Most pharmacies and drug stores loans use the SBA 7(a) program. There are approximately 42,707 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Pharmacies and Drug Stores?-83% decline
Which SBA Program Do Pharmacies and Drug Stores Businesses Use Most?
What Is the Best SBA Loan for Pharmacies and Drug Stores?
The most widely used SBA program for pharmacies and drug stores businesses: flexible terms, multiple use cases
Where Are Pharmacies and Drug Stores SBA Loans Most Common?
SBA Lending Activity in Pharmacies and Drug Stores
955 SBA lenders have funded 7,953 loans to pharmacies and drug stores businesses (NAICS 446110). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.
Pharmacies and Drug Stores Industry Context
Talk to PeerSense
PeerSense sources capital for pharmacies and drug stores businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Talk to PeerSense about financing a Pharmacies and Drug Stores business.
Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.
SBA 7(a) / 504: PeerSense will reach out. No obligation.
How Does SBA Lending Work for Pharmacies and Drug Stores Businesses?
Across all SBA loan programs, 7,953 loans have been approved for businesses classified under NAICS 446110 (Pharmacies and Drug Stores), representing $3.6B in total capital deployed. The average approved loan of $454K is 33% above avg the national SBA average of $340K, with typical repayment terms of 121 months.
SBA lending for pharmacies and drug stores has contracted approximately 83% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 955 lenders remain active, maintaining competitive options for qualified borrowers.
The industry sees a balanced mix of SBA programs, with 6% 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.
Talk to PeerSense about a pharmacies and drug stores file. The capital source sets the terms. The desk fee is paid at closing, never upfront.
Frequently Asked Questions: Pharmacies and Drug Stores SBA Loans
What is the average SBA loan size for pharmacies and drug stores businesses?
Which SBA loan program is best for a pharmacies and drug stores business?
How many lenders fund SBA loans for pharmacies and drug stores?
What states have the most SBA lending for pharmacies and drug stores?
How does PeerSense help pharmacies and drug stores businesses get SBA loans?
Related Retail Trade Industries
Gasoline Stations with Convenience Stores
Beer, Wine, and Liquor Stores
Supermarkets and Other Grocery (except Convenience) Stores
Convenience Stores
Used Car Dealers
Automotive Parts and Accessories Stores
Data aggregated from SBA loan records (1992 to 2025). Pharmacies and Drug Stores defined by NAICS code 446110. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.