SBA lending record

Red Cap Pharmacy 001, LLC

214 N WEST AVE, Jackson, MI 49201 · Pharmacies and Drug Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$965K

Total SBA financing

Loans on record

FY2023–26

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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All 3 loans

$380,000 — FY2026

Loan 1 of 3

Gross approval: $380,000
SBA guaranteed: $285,000 (75%)
Status: Current
Rate at approval: 6.31% f
Term: 96 mo (8 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/10/2025
First disbursement: 2/4/2026
Days to fund: 56 days
Collateral: Required
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Pharmacies and Drug Retailers
NAICS code: 456110
Lender: Bank of America, National Association
Address: 214 N WEST AVE, Ste A
City: Jackson, 49201
County: Jackson
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 7

$485,000 — FY2023

Loan 2 of 3

Gross approval: $485,000
SBA guaranteed: $363,750 (75%)
Status: Paid in full
Rate at approval: 9% v
Term: 119 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 12/21/2022
First disbursement: 12/30/2022
Days to fund: 9 days
Paid in full: 2/28/2026
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 3
Business type: Corporation
Business age: Change of Ownership
Industry: Pharmacies and Drug Retailers
NAICS code: 456110
Lender: United Community Bank
Address: 214 N WEST AVE
City: Jackson, 49201
County: Jackson
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 7

$100,000 — FY2023

Loan 3 of 3

Gross approval: $100,000
SBA guaranteed: $50,000 (50%)
Status: Cancelled
Rate at approval: 9% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Business purchase
Approved: 12/21/2022
Collateral: Required
Jobs supported: 3
Business type: Corporation
Business age: Change of Ownership
Industry: Pharmacies and Drug Retailers
NAICS code: 456110
Lender: United Community Bank
Address: 214 N WEST AVE
City: Jackson, 49201
County: Jackson
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 7

The lenders

United Community Bank

2 loans to this businessFull SBA lending record + branches on the lender page →

Bank of America, National Association

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 Michigan Lenders for pharmacies and drug retailers Pharmacies and Drug Retailers lenders in Michigan

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.

West Arbor Foundations LLC

Ann Arbor, MI· ~33 mi

Pharmacies and Drug Retailers

$1.1M
SBA financing: ≈ $2.2M–$3.6M
Est. revenue (rough)

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TOLEDO FAMILY PHARMACY, INC.

Toledo, OH· ~58 mi

Pharmacies and Drug Retailers

$1.0M
SBA financing: ≈ $2.0M–$3.3M
Est. revenue (rough)

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WAASI, LLC

Webberville, MI· ~32 mi

Pharmacies and Drug Retailers

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

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GRAND VALUE RX LLC

Detroit, MI· ~66 mi

Pharmacies and Drug Retailers

$1.6M
SBA financing: ≈ $3.1M–$5.2M
Est. revenue (rough)

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Alkamano Properties, LLC

Sterling Heights, MI· ~73 mi

Pharmacies and Drug Retailers

$1.3M
SBA financing: ≈ $2.6M–$4.4M
Est. revenue (rough)

View record

BLUE BRIDGE SPECIALTY PHARMACY, LLC

Grand Rapids, MI· ~76 mi

Vital Care

$1.3M
SBA financing: ≈ $2.6M–$4.3M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Red Cap Pharmacy 001, LLC in Jackson, MI (Pharmacies and Drug Retailers). CapBench 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.

3 SBA 7(a) loans totaling $965K
On record FY2023–26
6 jobs supported
Industry: Pharmacies and Drug Retailers
Location: Jackson, MI
Lenders: United Community Bank, Bank of America, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Pharmacies and Drug Retailers businesses in MI for ~$322k deals, then pre-qualify for 7(a) financing before making an offer. CapBench 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 2026-06-23.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/red-cap-pharmacy-001-llc-mi
API:: https://www.capbench.com/api/public/businesses/red-cap-pharmacy-001-llc-mi
Methodology:: Sources & methodology

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

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Red Cap Pharmacy 001, LLC.