Main Street Registry

Horizon Pharmacy

Wapato, WA · Pharmacies and Drug Retailers · NAICS 456110

Horizon Pharmacy, located in Wapato, Washington, operates in the pharmacies and drug retailers industry. The business was financed with an SBA 7(a) loan for a change of ownership totaling $1.9 million, approved on March 12, 2025 by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Mar 12, 2025

$1,900,000 approvedLender: Live Oak Banking Company15 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,900,000
SBA-guaranteed amount
$1,425,000 (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
15 years (180 months)
Estimated maturity
March 12, 2040 (estimated, approval date plus term)
Estimated monthly payment
$18,990 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 5, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
456110, Pharmacies and Drug Retailers
Project location
Yakima County, WA
SBA district office
Seattle District Office
Congressional district
WA-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 68% 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 Washington: $1,784,595.

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 Washington