Powered by LevrNAICS 456110: Pharmacies and drug retailers
NAICS 456110 is the industry code for pharmacies and drug retailers. Use it on loan applications, tax forms and registrations. Explore financing for retail and start your application when you are ready.
What 456110 covers
Pharmacies and drug retailers fill prescriptions and sell over the counter drugs, health products and sundries.
New code in NAICS 2022, replacing 446110 and including mail order pharmacies formerly in 454110.
Included in this code
- Independent pharmacies
- Chain drugstores
- Compounding pharmacies
- Online and mail order pharmacies
Not this code
- Drug wholesale: see 424210 Drugs and druggists' sundries merchant wholesalers
- Pharmacy benefit managers: see 524292 Pharmacy benefit management and other third party administration of insurance and pension funds
- Hospital pharmacies: see 622110 General medical and surgical hospitals
Businesses that use 456110
Financing for this trade
Independent pharmacies use SBA 7(a) loans to buy stores, inventory lines and receivables financing on insurance and PBM reimbursements. Lenders look at script counts, reimbursement mix and DIR fees.
Apply for funding with AIIs 456110 the right code for a pharmacy?
Yes, if you dispense prescriptions to the public, as an independent, chain, compounding or mail order pharmacy. Pharmacy benefit managers use 524292, and drug distributors use 424210. The closest alternatives are 424210 (drugs and druggists' sundries merchant wholesalers) and 456191 (food (health) supplement retailers). Use whichever matches your largest revenue stream, and keep it consistent across tax filings, SBA forms and lender applications.
What is the SBA size standard for 456110?
The SBA size standard for 456110 is $38M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A pharmacy at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing do independent pharmacies use?
SBA 7(a) loans commonly fund pharmacy acquisitions and buildouts. Lines of credit and receivables financing bridge the gap between paying wholesalers and collecting from insurers and PBMs. Lenders review script volume, payer mix, reimbursement trends and wholesaler terms. Expect lenders to ask for receivables and payables agings, recent bank statements and a debt schedule, which also help a broker match the request to the right lender quickly.
What does NAICS 456110 cover?
Pharmacies and drug retailers. Industry level code in NAICS 2022, under 44-45 Retail trade, 456 Health and personal care retailers, 4561 Health and personal care retailers, 45611 Pharmacies and drug retailers.
What financing do NAICS 456110 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for retail businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 456110?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.