Farmington Drugs Llc
20434 Farmington Road, Livonia, MI 48152 · Pharmacies and Drug Stores (NAICS 446110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$4.5M
Jobs Supported
55
Years Active
2020–2022
Loan History (2)
Source: SBA FOIA7(a)$2,905,000
Exempt
- Approved
- Mar 11, 2022 (FY2022)
- SBA Guaranteed
- $2,178,750 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 0
- Jobs Supported
- 25
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Pharmacies and Drug Stores (NAICS 446110)
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Wayne County, MI
7(a)$1,550,000
Exempt
- Approved
- Aug 13, 2020 (FY2020)
- SBA Guaranteed
- $1,162,500 (75%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 0
- Jobs Supported
- 30
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Pharmacies and Drug Stores (NAICS 446110)
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Wayne County, MI
Business Details
- Business Type
- Corporation
- Business Age
- Change of Ownership
- NAICS Code
- 446110 — Pharmacies and Drug Stores
- Address
- 20434 Farmington Road
Livonia, MI 48152
Lender
- Live Oak Banking Company
- 1741 Tiburon Dr, Wilmington, NC 28403