Main Street Registry

Los Palacios Medical Supplies & Pharmacy

Hialeah, FL · Pharmacies and Drug Retailers · NAICS 456110

Los Palacios Medical Supplies & Pharmacy is a pharmacy and drug retailer located in Hialeah, Florida. The business was financed with an SBA 7(a) loan for a change of ownership totaling $510,000, approved by VelocitySBA, LLC on September 21, 2026.

SBA 7(a) loan, change of ownership, approved Sep 21, 2026

$510,000 approvedLender: VelocitySBA, LLC10 years termCommitted, not fully disbursedLoan details
Gross approval
$510,000
SBA-guaranteed amount
$382,500 (75% of the approval)
Lender
VelocitySBA, LLC, Irving, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
September 21, 2036 (estimated, approval date plus term)
Estimated monthly payment
$6,599 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
7
Business type
Corporation
NAICS
456110, Pharmacies and Drug Retailers
Project location
Miami-Dade County, FL
SBA district office
South Florida District Office
Congressional district
FL-24
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Average acquisition loan in Pharmacies and Drug Retailers: $1,715,134.
  • Average acquisition loan in Florida: $1,808,559.

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 Florida