Akshar Care, LLC dba RX Universal Pharmacy
Akshar Care, LLC dba RX Universal Pharmacy is a pharmacy and drug retailer located in Duluth, Georgia. The company was financed with an SBA 7(a) loan for a change of ownership totaling $4,550,400, approved on July 1, 2025 by Colony Bank.
SBA 7(a) loan, change of ownership, approved Jul 1, 2025
$4,550,400 approvedLender: Colony Bank15 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,550,400
- SBA-guaranteed amount
- $4,095,360 (90% of the approval)
- Lender
- Colony Bank, Fitzgerald, GA
- Processing method
- International Trade Loan: for businesses that export or are preparing to
- Initial interest rate
- 9.75%, variable
- Term
- 15 years (180 months)
- Estimated maturity
- July 1, 2040 (estimated, approval date plus term)
- Estimated monthly payment
- $48,205 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 456110, Pharmacies and Drug Retailers
- Project location
- Gwinnett County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 94% 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 Georgia: $2,017,638.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Georgia
- Red Clay Ventures, LLC, Thomaston
- Baldwin Pharmacy, LLC, Jefferson
- Qualthera Health Corporation, Columbus
- McRae Drug Company, LLC, Mcrae- Helena
- AST Pharmacy Inc., Rome
- DND Rx LLC, Carrollton
- Friendly City Pharmacy on 2nd, Tifton