Electrical Contractors and Other Wiring Installation Contractors: SBA acquisition lenders
202 recorded SBA 7(a) acquisition approvals for Electrical Contractors and Other Wiring Installation Contractors, FY2024–FY2026. Median approved loan: $984K. See lenders and activity by state.
- Acquisitions financed
- 202
- Total approved
- $277.6M
- Median loan
- $984K
- Middle half of loans
- $404K to $2.0M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 27 | 13% | $449K | $23.9M |
| 2 | Live Oak Banking Company | 11 | 5% | $545K | $12.0M |
| 3 | First Internet Bank of Indiana | 10 | 5% | $1.6M | $19.2M |
| 4 | The Fidelity Bank | 10 | 5% | $1.0M | $10.8M |
| 5 | TowneBank | 8 | 4% | $2.1M | $18.0M |
| 6 | Truliant FCU | 8 | 4% | $1.9M | $16.0M |
| 7 | The Bancorp Bank National Association | 5 | 2% | $947K | $5.2M |
| 8 | Beacon Bank and Trust | 4 | 2% | $2.5M | $9.8M |
| 9 | Pathward National Association | 4 | 2% | $1.5M | $8.5M |
| 10 | Byline Bank | 4 | 2% | $432K | $4.2M |
| 11 | Midwest Regional Bank | 3 | 1% | $2.4M | $7.3M |
| 12 | Celtic Bank Corporation | 3 | 1% | $1.5M | $4.7M |
| 13 | VelocitySBA, LLC | 3 | 1% | $1.7M | $4.1M |
| 14 | Manufacturers and Traders Trust Company | 3 | 1% | $500K | $4.1M |
| 15 | Banc of California | 3 | 1% | $740K | $2.2M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Florida | 19 | $1.1M | $25.1M |
| California | 16 | $971K | $22.5M |
| Colorado | 14 | $1.1M | $18.9M |
| North Carolina | 13 | $1.1M | $21.1M |
| Minnesota | 13 | $514K | $12.6M |
| Texas | 11 | $415K | $11.4M |
| Washington | 9 | $467K | $6.8M |
| Georgia | 7 | $1.7M | $10.4M |
| Utah | 6 | $1.3M | $11.8M |
| Arizona | 6 | $1.7M | $11.4M |
| New Jersey | 6 | $1.0M | $9.2M |
| Oregon | 6 | $350K | $4.4M |
| Michigan | 5 | $1.7M | $8.6M |
| New York | 5 | $1.5M | $7.9M |
| Alabama | 5 | $449K | $4.9M |
| Nevada | 5 | $740K | $4.2M |
| Indiana | 5 | $540K | $2.9M |
| Oklahoma | 4 | $1.9M | $8.5M |
| Ohio | 4 | $1.1M | $6.7M |
| Wisconsin | 4 | $500K | $6.3M |
| Illinois | 4 | $1.2M | $5.6M |
| Pennsylvania | 3 | $2.4M | $7.0M |
| Massachusetts | 3 | $1.9M | $5.7M |
| Missouri | 3 | $675K | $4.8M |
| New Hampshire | 3 | $870K | $3.6M |
| South Carolina | 3 | $755K | $2.8M |
| North Dakota | 2 | $3.0M | $6.0M |
| Alaska | 2 | $2.5M | $5.1M |
| Maryland | 2 | $1.8M | $3.6M |
| Tennessee | 2 | $770K | $1.5M |
| Maine | 2 | $562K | $1.1M |
| South Dakota | 1 | $4.8M | $4.8M |
| New Mexico | 1 | $4.0M | $4.0M |
| Hawaii | 1 | $2.8M | $2.8M |
| Arkansas | 1 | $1.5M | $1.5M |
| Connecticut | 1 | $838K | $838K |
| Kansas | 1 | $414K | $414K |
| Kentucky | 1 | $401K | $401K |
| Iowa | 1 | $167K | $167K |
| Idaho | 1 | $100K | $100K |
| Virginia | 1 | $50K | $50K |