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SBA lending record

Sprint Distribution Services, LLC

1 Market St. Mailbox 11, Passaic, NJ · General Warehousing and Storage. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.0M

Total SBA financing

4

Loans on record

FY2023–24

On record

136

Jobs supported

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All 4 loans

$542,500 — FY2024

Loan 1 of 4
Gross approval
$542,500
SBA guaranteed
$406,875 (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
12/19/2023
First disbursement
4/4/2024
Days to fund
107 days
Collateral
Required
Sold on secondary market
Yes
Jobs supported
34
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Warehousing and Storage
NAICS code
493110
Address
1 Market St. Mailbox 11
City
Passaic
County
Passaic
SBA district office
NEW JERSEY DISTRICT OFFICE
Congressional district
9

$1,000,000 — FY2024

Loan 2 of 4
Gross approval
$1,000,000
SBA guaranteed
$750,000 (75%)
Status
Current
Rate at approval
10.5% v
Term
24 mo (2 yr)
Program
Standard Asset Base Working Capital Line
Subprogram
Standard Asset Based
Loan type
Term loan
Purpose
Other / working capital
Approved
12/19/2023
First disbursement
4/4/2024
Days to fund
107 days
Collateral
Required
Jobs supported
34
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Warehousing and Storage
NAICS code
493110
Address
1 Market St. Mailbox 11
City
Passaic
County
Passaic
SBA district office
NEW JERSEY DISTRICT OFFICE
Congressional district
9

$1,000,000 — FY2023

Loan 3 of 4
Gross approval
$1,000,000
SBA guaranteed
$750,000 (75%)
Status
Cancelled
Rate at approval
10.5% v
Term
120 mo (10 yr)
Program
Standard Asset Base Working Capital Line
Subprogram
Standard Asset Based
Loan type
Term loan
Purpose
Other / working capital
Approved
9/30/2023
Collateral
Required
Jobs supported
34
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Warehousing and Storage
NAICS code
493110
Address
1 Market St. Mailbox 11
City
Passaic
County
Passaic
SBA district office
NEW JERSEY DISTRICT OFFICE
Congressional district
9

$500,000 — FY2023

Loan 4 of 4
Gross approval
$500,000
SBA guaranteed
$375,000 (75%)
Status
Cancelled
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
9/30/2023
Collateral
Required
Jobs supported
34
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Warehousing and Storage
NAICS code
493110
Address
1 Market St. Mailbox 11
City
Passaic
County
Passaic
SBA district office
NEW JERSEY DISTRICT OFFICE
Congressional district
9

The lender

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Comparable general warehousing and storage 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 Sprint Distribution Services, LLC in Passaic, NJ (General Warehousing and Storage). 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.

  • 4 SBA 7(a) loans totaling $3.0M
  • On record FY2023–24
  • 136 jobs supported
  • Industry: General Warehousing and Storage
  • Location: Passaic, NJ
  • Lender: Fulton Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Warehousing and Storage businesses in NJ for ~$761k 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 Sprint Distribution Services, LLC.

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