Main Street Registry

Delco Drugs

Staten Island, NY · Pharmacies and Drug Retailers · NAICS 456110

Delco Drugs is a pharmacy and drug retailer located in Staten Island, New York, operating under NAICS code 456110. The company was financed with an SBA 7(a) loan for a change of ownership totaling $968,000, approved on December 13, 2024 by First Bank, and the loan is reported with 13 jobs.

SBA 7(a) loan, change of ownership, approved Dec 13, 2024

$968,000 approvedLender: First Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$968,000
SBA-guaranteed amount
$726,000 (75% of the approval)
Lender
First Bank, Southern Pines, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
December 13, 2034 (estimated, approval date plus term)
Estimated monthly payment
$12,927 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 10, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
13
Business type
Corporation
NAICS
456110, Pharmacies and Drug Retailers
Project location
Richmond County, NY
SBA district office
New York District Office
Congressional district
NY-11
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 29% of acquisition loans in Pharmacies and Drug Retailers on this site.
  • Average acquisition loan in Pharmacies and Drug Retailers: $1,715,134.
  • Average acquisition loan in New York: $1,771,512.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in New York