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SBA lending record

Phillips Transport, LLC

7742 BROADLEAF DR, Parsonburg, MD 21849 · General Freight Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$140K

Total SBA financing

2

Loans on record

FY2022

On record

3

Jobs supported

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

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All 2 loans

$80,000 — FY2022

Loan 1 of 2
Gross approval
$80,000
SBA guaranteed
$40,000 (50%)
Status
Cancelled
Rate at approval
9% v
Term
60 mo (5 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
8/19/2022
Collateral
Required
Jobs supported
2
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Freight Trucking, Local
NAICS code
484110
Address
7742 BROADLEAF DR
City
Parsonburg, 21849
County
Wicomico
SBA district office
BALTIMORE DISTRICT OFFICE
Congressional district
1

$60,000 — FY2022

Loan 2 of 2
Gross approval
$60,000
SBA guaranteed
$30,000 (50%)
Status
Current
Rate at approval
7.25% v
Term
120 mo (10 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
3/24/2022
First disbursement
4/19/2022
Days to fund
26 days
Collateral
None
Jobs supported
1
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Freight Trucking, Local
NAICS code
484110
Address
7742 BROADLEAF DR
City
Parsonsburg, 21849
County
Wicomico
SBA district office
BALTIMORE DISTRICT OFFICE
Congressional district
1

The lender

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Similar businesses

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.

Agent summary

This page summarizes the public SBA 7(a) lending record for Phillips Transport, LLC in Parsonburg, MD (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 $140K
  • On record FY2022
  • 3 jobs supported
  • Industry: General Freight Trucking, Local
  • Location: Parsonburg, MD
  • Lender: Manufacturers and Traders Trust Company

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Local businesses in MD for ~$70k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

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.
  • 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 Phillips Transport, LLC.

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