Pharmacies and Drug Retailers acquisitions in Georgia: SBA loan data
Since FY2018, SBA lenders have approved 19 7(a) loans to buy an existing business classified as Pharmacies and Drug Retailers in Georgia, totaling $32.3M. The median loan was $1,160,000. That is 1.1% of the 1,774 acquisition loans in Georgia.
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How this compares
The median Pharmacies and Drug Retailers loan in Georgia is 33% higher than the $875,000 median for all Georgia acquisitions, and in line with the $1,172,500 median for Pharmacies and Drug Retailers acquisitions nationwide (496 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 3.3% of seasoned Pharmacies and Drug Retailers acquisition loans were charged off, and 3.2% of seasoned Georgia acquisition loans of any type.
Pharmacies and Drug Retailers acquisition loans in Georgia by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 1 | $900K | $900,000 | |
| FY2019 | 5 | $4.8M | $1,125,000 | |
| FY2020 | 2 | $2.4M | $1,187,500 | |
| FY2021 | 0 | $0 | - | |
| FY2022 | 1 | $3.7M | $3,700,000 | |
| FY2023 | 1 | $925K | $925,000 | |
| FY2024 | 4 | $10.8M | $2,195,000 | |
| FY2025 | 2 | $5.1M | $2,572,700 | |
| FY2026 | 3 | $3.7M | $1,475,000 |
How often do these acquisition loans fail?
Fewer than 20 Pharmacies and Drug Retailers in Georgia acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 5 | 26.3% | $12.2M | |
| 2 | Byline Bank | 3 | 15.8% | $4.8M | |
| 3 | First Financial Bank | 3 | 15.8% | $3.3M | |
| 4 | Colony Bank | 2 | 10.5% | $5.7M | |
| 5 | First National Bank of Coffee County | 2 | 10.5% | $2.2M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Health Mart Pharmacy | 1 | 5.3% | $900K |
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Questions buyers ask
How much do SBA loans for Pharmacies and Drug Retailers acquisitions in Georgia run?
The median SBA 7(a) loan was $1,160,000 across 19 loans (FY2018 to FY2026). The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Pharmacies and Drug Retailers acquisitions in Georgia?
Live Oak Banking Company (5), Byline Bank (3), First Financial Bank (3), Colony Bank (2), First National Bank of Coffee County (2).
How often do Pharmacies and Drug Retailers acquisition loans fail in Georgia?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Pharmacies and Drug Retailers acquisitions in Georgia?
2 of the 19 loans (11%) involved a franchise brand, most often Health Mart Pharmacy (1).
Seller note standby terms and third-party consents are reviewed before closing.
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Related
- All Georgia acquisitions
- Pharmacies and Drug Retailers nationally
- Pharmacies and Drug Retailers in California
- Pharmacies and Drug Retailers in Louisiana
- Pharmacies and Drug Retailers in New York
- Pharmacies and Drug Retailers in Ohio
- Pharmacies and Drug Retailers in North Carolina
- Pharmacies and Drug Retailers in New Jersey
- Pharmacies and Drug Retailers in Michigan
- Pharmacies and Drug Retailers in Pennsylvania
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Small samples move a lot: each loan in this combination is 5% of the count. Industry is the NAICS code the lender recorded. See the methodology.