SBA lending record
Office Evolution
350 SPRINGFIELD AVE, Summit, NJ · Other Business Service Centers (including Copy Shops). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$499K
Total SBA financing
1
Loan on record
FY2025
On record
5
Jobs supported
Franchise brand
Office Evolution
See Office Evolution's SBA financing data — typical deal, failure rate, and how its loans perform →
● business · ● lender
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The loan
$499,000 — FY2025
- Gross approval
- $499,000
- SBA guaranteed
- $374,250 (75%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 1/27/2025
- First disbursement
- 2/28/2025
- Days to fund
- 32 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
Banesco USA
1 loan to this business- Total assets
- $5775.7B
- Deposits
- $4826.9B
- Loans outstanding
- $4032.9B
- Net income
- $18.1B
- Return on assets
- 1.284942871087328%
- Return on equity
- 12.17%
- Total equity
- $600.9B
- Offices
- 5
- Founded
- 01/1
- Headquarters
- 3155 Nw 77 Avenue, Miami, FL, 33122
- FDIC cert
- 57815
- Website
- Banescousa.com
Is Office Evolution your business?
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Office Evolution.