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NAICS 446110 Quarterly Industry Report

Pharmacies and Drug Stores

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 446110Sector: 44Updated: Q1 2026

Industry Definition & Overview

Geographic Concentration

Top states by share of national establishments.

Top 10 states by establishment share for Pharmacies and Drug Stores
#State% Est.Total Est.
1California
10.1%
4,328
2New York
10.1%
4,299
3Texas
7.6%
3,227
4Florida
6.8%
2,885
5Pennsylvania
4.8%
2,068
6New Jersey
3.9%
1,658
7Michigan
3.9%
1,656
8Illinois
3.7%
1,577
9North Carolina
3.5%
1,507
10Georgia
3.1%
1,341
Source: County Business Patterns, U.S. Census Bureau[1]

SBA Lending Summary

48
Total SBA Loans
$9.9M
Total Loan Volume
$207K
Average Loan Size
7 yrs
Average Loan Term
9.71%
Average Interest Rate
480
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[2]

Top SBA Lenders

Top SBA lenders by volume for this industry
#LenderLoansVolumeAvg Loan
1Cadence Bank8$3.7M$460K
2FirstBank Puerto Rico16$2.1M$129K
3Manufacturers and Traders Trust Company8$1.8M$230K
4Community Trust Bank, Inc.8$1.5M$193K
5Oriental Bank8$800K$100K
View Full SBA Lending Details for NAICS 446110Includes top lenders, geographic distribution, annual trends, and loan-level analysis

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Census Bureau, County Business Patterns census.gov
  2. [2]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov

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