Health Mart Pharmacy

RetailSBA loans FY2020–FY2024

SBA Loans

$32.8M

Total Financed

$820K

Avg Loan Size

—

YoY Loan Growth

How Health Mart Pharmacy Compares

Ranks #24 of 413 Retail brands by SBA loan count (#284 of 3,543 overall).
Its average loan of $820K is 98% above the Retail median of $415K.
Its 5.0% charge-off rate compares to a 1.1% average across all Retail brands.

SBA Loan Activity by Fiscal Year

Fiscal Year	Loans	Total Financed
FY2020	19	$19.9M
FY2021	8	$5.7M
FY2022	4	$2.7M
FY2023	6	$4.1M
FY2024	3	$450K

FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Health Mart Pharmacy Is Getting SBA-Financed

Texas4 loans · $3.0M Ohio4 loans · $1.7M Alabama3 loans · $2.8M Arizona3 loans · $3.0M California3 loans · $800K Mississippi3 loans · $4.6M Illinois3 loans · $1.3M Maryland3 loans · $450K Arkansas1 loan · $900K Georgia1 loan · $356K South Carolina1 loan · $530K Missouri1 loan · $2.2M Tennessee1 loan · $1.7M Kentucky1 loan · $1.1M Louisiana1 loan · $1.9M

Recent SBA-Financed Health Mart Pharmacy Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

TEN ACRES PHARMACYSACRAMENTO, CA

$150,0002024-04-25

BTCN LLCTOWSON, MD

$150,0002024-01-17

BTCN LLCBALTIMORE, MD

$150,0002023-11-09

Call's Community Pharmacy, LLCSNOWFLAKE, AZ

$150,0002023-09-08

Health Journey Pharmacy, LLCGahanna, OH

$324,0002023-05-08

Health Journey Pharmacy, LLCGahanna, OH

$25,0002023-05-08

BTCN LLCBALTIMORE, MD

$150,0002023-04-17

Superior Pharmacy, Inc.SUPERIOR, NE

$2,150,0002023-03-16

KSAR, LLCCOLUMBUS, OH

$1,305,0002022-10-18

KAK Healthcare, LLCTrinity, TX

$2,037,0002022-08-22

KAK Healthcare, LLCTrinity, TX

$350,0002022-08-22

Thomaston Pharmacy PLLCTHOMASTON, CT

$200,0002022-08-03

MIKE'S MEDS & MORE, LLCSALEM, OH

$75,0002022-03-29

CANDLEWOOD PHARMACY, L.C.Manhattan, KS

$967,0002021-08-11

The Right Pharmacy Inc.Bollingbrook, IL

$25,0002021-08-10

The Right Pharmacy Inc.Bollingbrook, IL

$390,6002021-08-10

PharMax DrugsTAYLOR, MI

$865,0002021-06-23

J&J MARTIN INCPHILADELPHIA, PA

$481,5002021-05-22

SECTION PHARMACY, INC.Section, AL

$1,655,0002021-03-05

Henderson Drugs, Inc.CLARKSDALE, MS

$775,0002021-02-03

C's Apothecary, LLCBirmingham, AL

$515,2002020-12-11

Principia Health & Wellness Pharmacy, Inc.ALTON, IL

$896,8002020-09-22

Iuka Pharmacy Services, LLCIUKA, MS

$2,030,0002020-09-12

Saltillo Pharmacy Services, LLCSALTILLO, MS

$1,770,0002020-09-12

Keenum Pharmacy LLCALTUS, OK

$1,350,0002020-08-14

Frequently Asked Questions

Is Health Mart Pharmacy growing or shrinking?

Health Mart Pharmacy doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #24 of 413 Retail brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a Health Mart Pharmacy franchise?

We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $820K (98% above the typical Retail brand's $415K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for Health Mart Pharmacy?

2 of 40 SBA loans to Health Mart Pharmacy franchisees (5.0%) have been charged off since FY2020, compared to 1.1% across all Retail brands.

Explore More

More Retail brands Most financed franchises

Top SBA Lenders

First Financial Bank13
The Huntington National Bank6
BayFirst National Bank5
First-Citizens Bank & Trust Company4
Live Oak Banking Company2

Planning to finance a retail purchase?

Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.

Source: SBA 7(a) FOIA loan dataset. View dataset