SBA lending record
EVOLUTION AUTO DESIGNS LLC
107 BROADWAY UNIT 1, Methuen, MA · All Other Automotive Repair and Maintenance. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$157K
Total SBA financing
2
Loans on record
FY2022–25
On record
6
Jobs supported
Is EVOLUTION AUTO DESIGNS LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 2 loans
$56,500 — FY2025
Loan 1 of 2- Gross approval
- $56,500
- SBA guaranteed
- $28,250 (50%)
- Status
- Current
- Rate at approval
- 10.99% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/6/2025
- First disbursement
- 1/7/2025
- Days to fund
- 1 days
- Collateral
- Required
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- All Other Automotive Repair and Maintenance
- NAICS code
- 811198
- Lender
- Eastern Bank
- Address
- 107 BROADWAY UNIT 1
- City
- Methuen
- County
- Essex
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 2
$100,000 — FY2022
Loan 2 of 2- Gross approval
- $100,000
- SBA guaranteed
- $50,000 (50%)
- Status
- Current
- Rate at approval
- 6.74% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/7/2022
- First disbursement
- 1/7/2022
- Days to fund
- 0 days
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- All Other Automotive Repair and Maintenance
- NAICS code
- 811198
- Lender
- Eastern Bank
- Address
- 107 BROADWAY UNIT 1
- City
- Methuen
- County
- Essex
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 2
The lender
Find SBA lenders for businesses like this
The banks most active funding all other automotive repair and maintenance — by location, industry.
Similar businesses
Comparable all other automotive repair and maintenance in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
GOMERA LA PRIMERA
Lawrence, MA· ~1 mi
All Other Automotive Repair and Maintenance
- $75K
- SBA financing
- ≈ $146K–$244K
- Est. revenue (rough)
Carmyn Inc.
Cambridge, MA· ~23 mi
All Other Automotive Repair and Maintenance
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
J.N.P.D Enterprises LLC
Quincy, MA· ~33 mi
All Other Automotive Repair and Maintenance
- $117K
- SBA financing
- ≈ $229K–$382K
- Est. revenue (rough)
LUXURY TIRE AND AUTO SERVICES INC
Lynn, MA· ~21 mi
All Other Automotive Repair and Maintenance
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Chad Saghbini
Bellingham, MA· ~43 mi
All Other Automotive Repair and Maintenance
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
L & W AUTO BODY, INC.
Randolph, MA· ~40 mi
All Other Automotive Repair and Maintenance
- $250K
- SBA financing
- ≈ $490K–$817K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for EVOLUTION AUTO DESIGNS LLC in Methuen, MA (All Other Automotive Repair and Maintenance). 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 $157K
- On record FY2022–25
- 6 jobs supported
- Industry: All Other Automotive Repair and Maintenance
- Location: Methuen, MA
- Lender: Eastern Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Automotive Repair and Maintenance businesses in MA for ~$78k 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.
- 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.
Is EVOLUTION AUTO DESIGNS LLC your business?
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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 EVOLUTION AUTO DESIGNS LLC.