Sprint Distribution Services Llc

1 Market St. Mailbox 11, Passaic, NJ 7055 · General Warehousing and Storage (NAICS 493110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

4

Total Amount

$3.0M

Jobs Supported

136

Years Active

2023–2024

Loan History (4)

Source: SBA FOIA
7(a)$1,000,000
Exempt
Approved
Dec 19, 2023 (FY2024)
SBA Guaranteed
$750,000 (75%)
Term
24 months (2.0 yrs)
Interest Rate
10.50%
Revolver
1
Jobs Supported
34
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
General Warehousing and Storage (NAICS 493110)

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

Project Location

Passaic County, NJ

7(a)$542,500
Exempt
Approved
Dec 19, 2023 (FY2024)
SBA Guaranteed
$406,875 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.50%
Revolver
0
Jobs Supported
34
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
General Warehousing and Storage (NAICS 493110)

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

Project Location

Passaic County, NJ

7(a)$1,000,000
Cancelled
Approved
Sep 30, 2023 (FY2023)
SBA Guaranteed
$750,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.50%
Revolver
1
Jobs Supported
34
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
General Warehousing and Storage (NAICS 493110)

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

Project Location

Passaic County, NJ

7(a)$500,000
Cancelled
Approved
Sep 30, 2023 (FY2023)
SBA Guaranteed
$375,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.50%
Revolver
0
Jobs Supported
34
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
General Warehousing and Storage (NAICS 493110)

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

Project Location

Passaic County, NJ

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
493110 — General Warehousing and Storage
Address
1 Market St. Mailbox 11
Passaic, NJ 7055

Lender

Fulton Bank, National Association
One Penn Sq, Lancaster, PA 17602

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