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SBA lending record

SOURCE LOGISTICS, INC.

555 Compress Dr., Memphis, TN 38106 · General Freight Trucking, Long-Distance, Truckload. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.2M

Total SBA financing

1

Loan on record

FY2025

On record

18

Jobs supported

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

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The loan

$3,173,000 — FY2025

Gross approval: $3,173,000
SBA guaranteed: $2,379,750 (75%)
Status: Current
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/12/2024
First disbursement: 11/14/2024
Days to fund: 2 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 18
Business type: Corporation
Business age: New Business or 2 years or less
Industry: General Freight Trucking, Long-Distance, Truckload
NAICS code: 484121
Lender: Celtic Bank Corporation
Address: 555 Compress Dr.
City: Memphis, 38106
County: Shelby
SBA district office: TENNESSEE DISTRICT OFFICE
Congressional district: 9

The lender

Celtic Bank Corporation

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 general freight trucking, long-distance, truckload — by location, industry.

SBA lenders in Tennessee Lenders for general freight trucking, long-distance, truckload General Freight Trucking, Long-Distance, Truckload lenders in Tennessee

Similar businesses

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

JCG Transportation, Inc.

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General Freight Trucking, Long-Distance, Truckload

$5.0M
SBA financing: ≈ $9.7M–$16M
Est. revenue (rough)

BLACKJACK EXPRESS LLC

Proctor, AR· ~19 mi

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$4.2M
SBA financing: ≈ $8.2M–$14M
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Huddleston Enterprises, Inc.

Memphis, TN· ~4 mi

General Freight Trucking, Long-Distance, Truckload

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

Balino Trucks, LLC

Memphis, TN· ~10 mi

General Freight Trucking, Long-Distance, Truckload

$395K
SBA financing: ≈ $775K–$1.3M
Est. revenue (rough)

PARIS LOGISTICS LLC

Memphis, TN· ~10 mi

General Freight Trucking, Long-Distance, Truckload

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

De Best Transport LLC

Southaven, MS· ~12 mi

General Freight Trucking, Long-Distance, Truckload

$126K
SBA financing: ≈ $247K–$412K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for SOURCE LOGISTICS, INC. in Memphis, TN (General Freight Trucking, Long-Distance, Truckload). 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 $3.2M
On record FY2025
18 jobs supported
Industry: General Freight Trucking, Long-Distance, Truckload
Location: Memphis, TN
Lender: Celtic Bank Corporation

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Long-Distance, Truckload businesses in TN for ~$3.2M 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/source-logistics-inc-tn
API:: https://www.capbench.com/api/public/businesses/source-logistics-inc-tn
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 SOURCE LOGISTICS, INC..

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