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SBA lending record

GENESIS DISTRIBUTION LLC

155 WATERMAN AVE, Cranston, RI · General Freight Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$142K

Total SBA financing

2

Loans on record

FY2023

On record

16

Jobs supported

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All 2 loans

$100,000 — FY2023

Loan 1 of 2

Gross approval: $100,000
SBA guaranteed: $50,000 (50%)
Status: Current
Rate at approval: 11% v
Term: 29 mo (2 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/21/2023
First disbursement: 10/30/2023
Days to fund: 39 days
Collateral: Required
Jobs supported: 8
Business type: Corporation
Business age: New Business or 2 years or less
Industry: General Freight Trucking, Local
NAICS code: 484110
Lender: Eastern Bank
Address: 155 WATERMAN AVE
City: Cranston
County: Providence
SBA district office: RHODE ISLAND DISTRICT OFFICE
Congressional district: 1

$42,000 — FY2023

Loan 2 of 2

Gross approval: $42,000
SBA guaranteed: $21,000 (50%)
Status: Current
Rate at approval: 7.13% f
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/23/2023
First disbursement: 10/4/2023
Days to fund: 11 days
Collateral: Required
Jobs supported: 8
Business type: Corporation
Business age: New Business or 2 years or less
Industry: General Freight Trucking, Local
NAICS code: 484110
Lender: Eastern Bank
Address: 155 WATERMAN AVE
City: Cranston
County: Providence
SBA district office: RHODE ISLAND DISTRICT OFFICE
Congressional district: 1

The lender

Eastern Bank

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

Find SBA lenders for businesses like this

The banks most active funding general freight trucking, local — by location, industry.

SBA lenders in Rhode Island Lenders for general freight trucking, local General Freight Trucking, Local lenders in Rhode Island

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

LSS Logistics Inc

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SBA financing: ≈ $196K–$327K
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SBA financing: ≈ $133K–$222K
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BKJL Corp

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$75K
SBA financing: ≈ $147K–$245K
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$56K
SBA financing: ≈ $110K–$183K
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Cj trucking llc

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SBA financing: ≈ $78K–$131K
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Agent summary

This page summarizes the public SBA 7(a) lending record for GENESIS DISTRIBUTION LLC in Cranston, RI (General Freight Trucking, Local). 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.

2 SBA 7(a) loans totaling $142K
On record FY2023
16 jobs supported
Industry: General Freight Trucking, Local
Location: Cranston, RI
Lender: Eastern Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Local businesses in RI for ~$71k 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/genesis-distribution-llc-ri
API:: https://www.capbench.com/api/public/businesses/genesis-distribution-llc-ri
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 GENESIS DISTRIBUTION LLC.

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