Grayson O Company

6509 Grayson Lane, Kannapolis, NC 28082 · Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$3.1M

Jobs Supported

67

Years Active

1999–2016

Loan History (3)

Source: SBA FOIA
7(a)$2,500,000
Paid in Full
Approved
Aug 9, 2016 (FY2016)
SBA Guaranteed
$1,875,000 (75%)
Term
217 months (18.1 yrs)
Interest Rate
6.25%
Revolver
0
Jobs Supported
45
Business Type
Corporation
Industry
Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210)
Paid in Full
Aug 31, 2025

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

Cabarrus County, NC

7(a)$280,000
Cancelled
Approved
Oct 27, 1999 (FY2000)
SBA Guaranteed
$210,000 (75%)
Term
120 months (10.0 yrs)
Revolver
0
Jobs Supported
22
Business Type
Corporation
Industry
Toilet Preparation Manufacturing (NAICS 325620)

Lender

Readycap Lending, Llc

200 Connell Drive, Berkeley Heights, NJ 7922

Project Location

Cabarrus County, NC

7(a)$350,000
Cancelled
Approved
Jun 7, 1999 (FY1999)
SBA Guaranteed
$210,000 (60%)
Term
240 months (20.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Toilet Preparation Manufacturing (NAICS 325620)

Lender

The Fidelity Bank

100 S Main St, Fuquay Varina, NC 27526

Project Location

Cabarrus County, NC

Business Details

Business Type
Corporation
NAICS Code
424210 Drugs and Druggists' Sundries Merchant Wholesalers
Address
6509 Grayson Lane
Kannapolis, NC 28082

Lenders

Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Readycap Lending, Llc
200 Connell Drive, Berkeley Heights, NJ 7922
The Fidelity Bank
100 S Main St, Fuquay Varina, NC 27526

Other SBA Borrowers in Kannapolis

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