SBA lending record

M SPORT

399 Route 22, Hillside, NJ · Used Car Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$6.8M

Total SBA financing

Loans on record

FY2022–23

On record

Jobs supported

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All 2 loans

$2,359,000 — FY2023

Loan 1 of 2

Gross approval: $2,359,000
SBA guaranteed: $1,769,250 (75%)
Status: Cancelled
Rate at approval: 10.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/10/2023
Collateral: Required
Jobs supported: 50
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Used Car Dealers
NAICS code: 441120
Lender: Newtek Small Business Finance, Inc.
Address: 1020 ROUTE 22
City: Somerville
County: Somerset
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 7

$4,400,000 — FY2022

Loan 2 of 2

Gross approval: $4,400,000
SBA guaranteed: $3,300,000 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 6% v
Term: 88 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/16/2021
First disbursement: 12/31/2021
Days to fund: 15 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 31
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Used Car Dealers
NAICS code: 441120
Lender: Newtek Small Business Finance, Inc.
Address: 399 Route 22
City: Hillside
County: Union
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 10

The lender

Newtek Small Business Finance, Inc.

2 loans to this business

Find SBA lenders for businesses like this

The banks most active funding used car dealers — by location, industry.

SBA lenders in New Jersey Lenders for used car dealers Used Car Dealers lenders in New Jersey

Similar businesses

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

Garden State Auto Boutique LLC

Elizabeth, NJ· ~2 mi

Used Car Dealers

$3.7M
SBA financing: ≈ $7.3M–$12M
Est. revenue (rough)

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AUTO CLUB OF EDISON

Edison, NJ· ~16 mi

Used Car Dealers

$4.3M
SBA financing: ≈ $8.3M–$14M
Est. revenue (rough)

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AMG AUTO, INC.

Hillside, NJ· ~0 mi

Used Car Dealers

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

View record

GAVEN AUTO SALES, LLC

Kenvil, NJ· ~23 mi

Used Car Dealers

$2.4M
SBA financing: ≈ $4.8M–$8.0M
Est. revenue (rough)

View record

CAR2SELL LLC

Hillside, NJ· ~1 mi

Used Car Dealers

$924K
SBA financing: ≈ $1.8M–$3.0M
Est. revenue (rough)

View record

CARS TIME INC

Linden, NJ· ~5 mi

Used Car Dealers

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

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for M SPORT in Hillside, NJ (Used Car Dealers). 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 $6.8M
On record FY2022–23
81 jobs supported
Industry: Used Car Dealers
Location: Hillside, NJ
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Used Car Dealers businesses in NJ for ~$3.4M 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/m-sport-nj
API:: https://www.capbench.com/api/public/businesses/m-sport-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 M SPORT.