Pinnacle Independent Rx Inc.
1402 N Cannon Blvd, Kannapolis, NC 28083 · Pharmacies and Drug Stores (NAICS 446110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$4.8M
Jobs Supported
75
Years Active
2015–2020
Loan History (3)
Source: SBA FOIA7(a)$602,000
Paid in Full
- Approved
- Jul 10, 2020 (FY2020)
- SBA Guaranteed
- $451,500 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 0
- Jobs Supported
- 35
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Pharmacies and Drug Stores (NAICS 446110)
- Paid in Full
- Sep 30, 2022
Lender
Pinnacle Bank
25 Platform Way S, Ste 101, Nashville, TN 37203
Project Location
Rowan County, NC
7(a)$2,100,000
Paid in Full
- Approved
- Jun 30, 2015 (FY2015)
- SBA Guaranteed
- $1,575,000 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 6.75%
- Revolver
- 0
- Jobs Supported
- 20
- Business Type
- Corporation
- Industry
- Pharmacies and Drug Stores (NAICS 446110)
- Paid in Full
- Jun 30, 2025
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Cabarrus County, NC
7(a)$2,100,000
Paid in Full
- Approved
- Jun 30, 2015 (FY2015)
- SBA Guaranteed
- $1,575,000 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 6.75%
- Revolver
- 0
- Jobs Supported
- 20
- Business Type
- Corporation
- Industry
- Pharmacies and Drug Stores (NAICS 446110)
- Paid in Full
- Aug 31, 2025
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Cabarrus County, NC
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 446110 — Pharmacies and Drug Stores
- Address
- 1402 N Cannon Blvd
Kannapolis, NC 28083
Lenders
- Pinnacle Bank
- 25 Platform Way S, Ste 101, Nashville, TN 37203
- Live Oak Banking Company
- 1741 Tiburon Dr, Wilmington, NC 28403