Acquisition Lender Index

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Electrical Contractors and Other Wiring Installation Contractors: SBA acquisition loans in Alabama

5 SBA-financed business acquisitions in Alabama classified as Electrical Contractors and Other Wiring Installation Contractors, FY2024–FY2026. Median loan $449K. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
5
Total approved
$4.9M
Median loan
$449K
Middle half of loans
$449K to $1.7M
Median starting rate
10.00%
Median term
10 yrs

How to interpret this profile and build a shortlist →

Small sample. This local profile has 5 recorded approvals in FY2024–FY2026. For a broader comparison, open the Alabama state profile or the national industry profile.

Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 Hancock Whitney Bank 240%$1.2M$2.3M
2 The Huntington National Bank 240%$449K$898K
3 VelocitySBA, LLC 120%$1.7M$1.7M

For comparison, the same industry nationwide: 202 loans, median $984K, median starting rate 9.50%. See Electrical Contractors and Other Wiring Installation Contractors in every state.

Deals by SBA fiscal year

FY20191 loans, $491K
FY20211 loans, $685K
FY20253 loans, $2.6M
FY20262 loans, $2.3M

Reading these numbers

The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.