Main Street Registry

Qualthera Health Corporation

Victoria, TX · Pharmacies and Drug Retailers · NAICS 456110

Qualthera Health Corporation is a pharmacy and drug retailer in Victoria, Texas, classified under NAICS code 456110 (Pharmacies and Drug Retailers). The business was financed with an SBA 7(a) loan for a change of ownership of $1.17 million, provided by Byline Bank with an approval date of September 18, 2024.

SBA 7(a) loan, change of ownership, approved Sep 18, 2024

$1,170,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,170,000
SBA-guaranteed amount
$877,500 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
September 18, 2034 (estimated, approval date plus term)
Estimated monthly payment
$16,283 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 3, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
456110, Pharmacies and Drug Retailers
Project location
Victoria County, TX
SBA district office
San Antonio District Office
Congressional district
TX-27
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 36% 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 Texas: $1,944,682.

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 Texas