Hunt's Lindenwood Drug
Hunt's Lindenwood Drug, located in Saint Louis, Missouri, operates in the pharmacies and drug retailers industry (NAICS 456110). The business was financed with an SBA 7(a) loan for a change of ownership, approved on April 8, 2026, in the amount of $900,000 through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Apr 8, 2026
$900,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $900,000
- SBA-guaranteed amount
- $675,000 (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
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 8, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $11,279 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 26, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 456110, Pharmacies and Drug Retailers
- Project location
- Saint Louis City County, MO
- SBA district office
- St. Louis District Office
- Congressional district
- MO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 24% 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 Missouri: $1,584,414.
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 Missouri
- Cornerstone Pharmacy Kennett, Kennett