The Wellness Center Pharmacy & Surgical
The Wellness Center Pharmacy & Surgical in Old Bridge, NJ 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 of $840,000, approved on December 12, 2025 through Hanmi Bank.
SBA 7(a) loan, change of ownership, approved Dec 12, 2025
$840,000 approvedLender: Hanmi Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $840,000
- SBA-guaranteed amount
- $630,000 (75% of the approval)
- Lender
- Hanmi Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,755 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 6, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 456110, Pharmacies and Drug Retailers
- Project location
- Middlesex County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 19% 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 New Jersey: $1,626,307.
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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