SLM Corp
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
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Item 2. Properties
The following table lists the principal facility owned by us as of December 31, 2023:
| Location | Function | ApproximateSquare Feet |
|---|---|---|
| Newark, DE | Headquarters | 160,000 |
The following table lists the principal facilities leased by us as of December 31, 2023:
| Location | Function | ApproximateSquare Feet |
|---|---|---|
| Indianapolis, IN | Administrative Offices | 115,000 |
| New Castle, DE | Loan Servicing Center | 125,000 |
| Sterling, VA | Administrative Offices | 27,000 |
| Newton, MA | Administrative Offices | 14,000 |
| Salt Lake City, UT | Sallie Mae Bank | 17,000 |
The facility that we own is not encumbered by a mortgage. We believe that our headquarters, loan servicing centers, data center, back-up facility, and data management and collection centers are generally adequate to meet our long-term lending and business goals. Our headquarters are currently located in owned space at 300 Continental Drive, Newark, Delaware, 19713.
2023 Form 10-K — SLM CORPORATION 41
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