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SBA lending record

LG Pharmacy

244 PLAINFIELD AVE, Edison, NJ · Pharmacies and Drug Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$350K

Total SBA financing

1

Loan on record

FY2025

On record

2

Jobs supported

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The loan

$350,000 — FY2025

Gross approval: $350,000
SBA guaranteed: $262,500 (75%)
Status: Current
Rate at approval: 9.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/26/2025
First disbursement: 10/22/2025
Days to fund: 26 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 2
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Pharmacies and Drug Retailers
NAICS code: 456110
Lender: Hanmi Bank
Address: 244 PLAINFIELD AVE
City: Edison
County: Middlesex
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 6

The lender

Hanmi Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding pharmacies and drug retailers — by location, industry.

SBA lenders in New Jersey Lenders for pharmacies and drug retailers Pharmacies and Drug Retailers lenders in New Jersey

Similar businesses

Comparable pharmacies and drug retailers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

40 W Somerville LLC

Somerville, NJ· ~12 mi

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$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

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D3SKIM LLC

North Brunswick, NJ· ~4 mi

Pharmacies and Drug Retailers

$215K
SBA financing: ≈ $422K–$703K
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Rare Specialty Services LLC

Rahway, NJ· ~10 mi

Pharmacies and Drug Retailers

$425K
SBA financing: ≈ $833K–$1.4M
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VBS RX LLC

Belford, NJ· ~18 mi

Pharmacies and Drug Retailers

$509K
SBA financing: ≈ $998K–$1.7M
Est. revenue (rough)

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NK Health Short Hills LLC

Short Hills, NJ· ~15 mi

Pharmacies and Drug Retailers

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

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The Wellness Center Pharmacy & Surgical

Old Bridge, NJ· ~10 mi

Pharmacies and Drug Retailers

$840K
SBA financing: ≈ $1.6M–$2.7M
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for LG Pharmacy in Edison, NJ (Pharmacies and Drug Retailers). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $350K
On record FY2025
2 jobs supported
Industry: Pharmacies and Drug Retailers
Location: Edison, NJ
Lender: Hanmi Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Pharmacies and Drug Retailers businesses in NJ for ~$350k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/lg-pharmacy-nj
API:: https://dealroom.so/api/public/businesses/lg-pharmacy-nj
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with LG Pharmacy.