Harrold's Pharmacy, Inc.
Harrold's Pharmacy, Inc. is located in Wilkes Barre, PA, and the SBA lists its industry as Pharmacies and Drug Retailers. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on September 10, 2025.
SBA 7(a) loan, change of ownership, approved Sep 10, 2025
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 16 years (192 months)
- Estimated maturity
- September 10, 2041 (estimated, approval date plus term)
- Estimated monthly payment
- $50,749 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 41
- Business type
- Corporation
- NAICS
- 456110, Pharmacies and Drug Retailers
- Project location
- Luzerne County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 96% 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 Pennsylvania: $1,636,965.
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 Pennsylvania
- Bowser Corporation, Du Bois
- Novapharm Enterprises Inc, Westfield