SBA lending record

AIR DROP IT

515 CLEVELAND AVE, Riverside, NJ · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$10K

Total SBA financing

Loan on record

FY2021

On record

—

Jobs supported

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The loan

$10,000 — FY2021

Gross approval: $10,000
SBA guaranteed: $7,500 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 8.75% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/13/2021
First disbursement: 9/28/2021
Days to fund: 46 days
Collateral: None
Business type: Corporation
Business age: New Business or 2 years or less
Industry: General Automotive Repair
NAICS code: 811111
Lender: Wells Fargo Bank National Association
Address: 515 CLEVELAND AVE
City: Riverside
County: Camden
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 1

The lender

Wells Fargo Bank National Association

1 loan to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding general automotive repair — by location, industry.

SBA lenders in New Jersey Lenders for general automotive repair General Automotive Repair lenders in New Jersey

Similar businesses

Comparable general automotive repair in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

U Wrench It Auto LLC

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SBA financing: ≈ $29K–$49K
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AHJ CUSTOM CREATIONS AND REPAIRS LLC

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General Automotive Repair

$15K
SBA financing: ≈ $29K–$49K
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Kash Diesel & Auto LLC

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General Automotive Repair

$25K
SBA financing: ≈ $49K–$82K
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JBRB SERVICES LLC

Delran, NJ· ~1 mi

General Automotive Repair

$635K
SBA financing: ≈ $1.2M–$2.1M
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Elite Automotive Solutions for You

Pennsauken Township, NJ· ~8 mi

General Automotive Repair

$50K
SBA financing: ≈ $98K–$163K
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JR Mobile Autotech LLC

Wayne, NJ· ~72 mi

General Automotive Repair

$10K
SBA financing: ≈ $20K–$33K
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Agent summary

This page summarizes the public SBA 7(a) lending record for AIR DROP IT in Riverside, NJ (General Automotive Repair). 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.

1 SBA 7(a) loan totaling $10K
On record FY2021
Industry: General Automotive Repair
Location: Riverside, NJ
Lender: Wells Fargo Bank National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Automotive Repair businesses in NJ for ~$10k 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/air-drop-it-nj
API:: https://www.capbench.com/api/public/businesses/air-drop-it-nj
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 AIR DROP IT.