How have SBA loans in Drugs and Druggists' Sundries Merchant Wholesalers turned out?
Of 1,112 loans approved in fiscal 2003 to 2021 (at least five years old), 300 (27.0%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Drugs and Druggists' Sundries Merchant Wholesalers appears on 1,258 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $396.1 million in gross approvals. These are loans, not a rating.
Not financial, legal or franchise advice. This page reports what the SBA's loan file records for SBA-guaranteed loans. A charge-off rate is not a rating of a brand or an industry, it does not predict a new loan, and a franchisee's loan is not a measure of the franchisor. Read the franchise's disclosure document and talk to a lender or an adviser before you borrow.
Drugs and Druggists' Sundries Merchant Wholesalers appears on 1,258 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $396.1 million in gross approvals.
Of 1,112 loans approved in fiscal 2003 to 2021 (at least five years old), 300 (27.0%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years.
A charge-off is a loan the lender wrote off. It is not a statement about the borrower, the brand or the franchisor, and it does not predict how a new loan will turn out.
share of this group's loans charged off, by approval year (years with 10+ loans)all 7(a) loans, same year
Every approval year
Approval year
Loans
Approved
Paid in full
Charged off
Not yet resolved
Charged-off share
FY2003
45
$2.2 million
29
16
0
35.6%
FY2004
85
$8.4 million
56
29
0
34.1%
FY2005
114
$10.6 million
66
48
0
42.1%
FY2006
96
$14.2 million
49
46
1
47.9%
FY2007
117
$9.5 million
60
57
0
48.7%
FY2008
67
$7.3 million
36
30
1
44.8%
FY2009
32
$9.6 million
25
7
0
21.9%
FY2010
35
$8.4 million
28
7
0
20.0%
FY2011
50
$12.0 million
46
3
1
6.0%
FY2012
47
$15.8 million
42
5
0
10.6%
FY2013
44
$16.6 million
35
7
2
15.9%
FY2014
53
$17.7 million
48
4
1
7.5%
FY2015
44
$15.4 million
39
3
2
6.8%
FY2016
48
$27.6 million
37
9
2
18.8%
FY2017
52
$24.6 million
46
4
2
7.7%
FY2018
66
$29.7 million
51
9
6
13.6%
FY2019
57
$15.1 million
37
8
12
14.0%
FY2020
26
$15.1 million
15
6
5
23.1%
FY2021
34
$31.8 million
19
2
13
5.9%
FY2022
22
$12.3 million
6
2
14
too recent for a share
FY2023
38
$26.8 million
11
3
24
too recent for a share
FY2024
33
$14.6 million
4
2
27
too recent for a share
FY2025
34
$24.1 million
5
0
29
too recent for a share
FY2026
19
$26.6 million
0
0
19
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2003 to 2021)
Charged off
Share
California
245
75
30.6%
New York
168
60
35.7%
Florida
141
49
34.8%
New Jersey
82
32
39.0%
Texas
43
6
14.0%
Illinois
38
12
31.6%
US Small Business Administration, 7(a) FOIA loan data as of 30 September 2026. SBA-guaranteed 7(a) loans only, aggregated; no borrower or lender is shown. SBA open data.