SBA lending record
Evolution Wireless Inc.
879 WATERMAN AVE, East Providence, RI · Electronics Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$350K
Total SBA financing
1
Loan on record
FY2020
On record
15
Jobs supported
Franchise brand
MetroPCS (Texas) - Exclusive Dealer Agreement
See MetroPCS (Texas) - Exclusive Dealer Agreement's SBA financing data — typical deal, failure rate, and how its loans perform →
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The loan
$350,000 — FY2020
- Gross approval
- $350,000
- SBA guaranteed
- $175,000 (50%)
- Status
- In liquidation
- Rate at approval
- 7.25% v
- Term
- 106 mo (9 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/15/2020
- First disbursement
- 2/15/2020
- Days to fund
- 0 days
- Collateral
- Required
- Jobs supported
- 15
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Electronics Stores
- NAICS code
- 443142
- Franchise
- MetroPCS (Texas) - Exclusive Dealer Agreement
- Franchise code
- S2041
- Address
- 879 WATERMAN AVE
- City
- East Providence
- County
- Providence
- SBA district office
- RHODE ISLAND DISTRICT OFFICE
- Congressional district
- 1
The lender
Citizens Bank, National Association
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 electronics stores — by location, industry, and brand.
Other MetroPCS (Texas) - Exclusive Dealer Agreement locations
Other MetroPCS (Texas) - Exclusive Dealer Agreement businesses in the public SBA record — closest first, by location and deal size.
Similar businesses
Comparable electronics stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
LIFETRONIC SYSTEMS LLC
Westport, CT
Electronics Stores
- $240K
- SBA financing
- ≈ $471K–$784K
- Est. revenue (rough)
All Phones Matter LLC
Providence, RI· ~5 mi
Electronics Stores
- $25K
- SBA financing
- ≈ $49K–$82K
- Est. revenue (rough)
Systems Plus Computers, Inc.
Lebanon, NH
Electronics Stores
- $522K
- SBA financing
- ≈ $1.0M–$1.7M
- Est. revenue (rough)
W.T. Mitus Company, Inc.
Hadley, MA· ~74 mi
Electronics Stores
- $638K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
SGNL Communications LLC
Waterbury, CT· ~89 mi
Electronics Stores
- $120K
- SBA financing
- ≈ $235K–$392K
- Est. revenue (rough)
BIRCH COMMUNICATIONS, L.L.C.
Mays Landing, NJ· ~241 mi
Electronics Stores
- $363K
- SBA financing
- ≈ $711K–$1.2M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Evolution Wireless Inc. in East Providence, RI (Electronics Stores). 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 $350K
- On record FY2020
- 15 jobs supported
- Industry: Electronics Stores
- Location: East Providence, RI
- Lender: Citizens Bank, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electronics Stores businesses in RI for ~$350k 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 Wireless Inc. 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 Wireless Inc..