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NAICS 446110Retail Trade

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 5.0% historical default rate.

Quick Answer

NAICS 446110 (Pharmacies and Drug Stores) received 7,953 SBA loans worth $3.6B across 5+ states. Average loan $454K, average term 121 months, default rate 5.0%.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).

7,953
Total SBA Loans
$3.6B
Total Volume
$454K
Avg Loan Size
33% above avg
955
Active Lenders
121 mo
Avg Term
7% below avg
55,493
Jobs Supported

Is SBA Lending Growing for Pharmacies and Drug Stores?-83% decline

430
391
367
370
307
304
120
35
18
6
16
17
18
19
20
21
22
23
24
25
$249.9M
$265.7M
$269.8M
$254.6M
$250.2M
$254.8M
$70.1M
$9.4M
$5.2M
$1.2M

Which SBA Program Do Pharmacies and Drug Stores Businesses Use Most?

SBA 7(a)7,500 (94%)
SBA 504453 (6%)

What Is the Best SBA Loan for Pharmacies and Drug Stores?

SBA 7(a)

The most widely used SBA program for pharmacies and drug stores businesses — flexible terms, multiple use cases

Industry avg loan: $454K
Typical term: 121 months
Historical avg rate: 6.17%
955+ lenders active in this industry
Historical default rate: 5.0%

Where Are Pharmacies and Drug Stores SBA Loans Most Common?

#1
CA
939 loans
$497.7M
#2
NY
642 loans
$199.2M
#3
TX
636 loans
$302.8M
#4
PR
462 loans
$82.7M
#5
PA
358 loans
$127.7M

Top SBA Lenders for Pharmacies and Drug Stores

These banks have funded the most SBA loans for pharmacies and drug stores businesses (NAICS 446110). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Live Oak Banking Company(NC)1,024$1.2B
2Wells Fargo Bank National Association(SD)427$153.3M
3JPMorgan Chase Bank, National Association(OH)369$64.9M
4First Financial Bank(AR)345$320.2M
5Banco Popular de Puerto Rico(PR)282$38.2M

Pharmacies and Drug Stores Industry Context

U.S. Establishments
42,707
U.S. Census Bureau · 2022
U.S. Employment
28,615,000
BLS · 2026
SBA Penetration
18.62%
SBA loans per establishment

Ready to Fund Your Pharmacies and Drug Stores Business?

PeerSense places SBA loans for pharmacies and drug stores businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Pharmacies and Drug Stores business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

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No retainers · Referral fee at closing · Or call (317) 452-6990

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.

PeerSense specializes in matching pharmacies and drug stores 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 — Pharmacies and Drug Stores SBA Loans

What is the average SBA loan size for pharmacies and drug stores businesses?
Based on 7,953 approved SBA loans, the average loan size for pharmacies and drug stores (NAICS 446110) is $454K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a pharmacies and drug stores business?
SBA 7(a) is the most commonly used SBA program for pharmacies and drug stores businesses. The most widely used SBA program for pharmacies and drug stores businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for pharmacies and drug stores?
955 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the pharmacies and drug stores sector.
What states have the most SBA lending for pharmacies and drug stores?
CA leads with 939 SBA loans and $497.7M in total volume for pharmacies and drug stores businesses. NY, TX, PR also show strong lending activity in this sector.
How does PeerSense help pharmacies and drug stores businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the pharmacies and drug stores industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Pharmacies and Drug Stores defined by NAICS code 446110. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.