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Electrical Contractors and Other Wiring Installation Contractors: SBA acquisition loans in North Carolina
13 SBA-financed business acquisitions in North Carolina classified as Electrical Contractors and Other Wiring Installation Contractors, FY2024–FY2026. Median loan $1.1M. See which lenders did them.
- Acquisitions financed
- 13
- Total approved
- $21.1M
- Median loan
- $1.1M
- Middle half of loans
- $713K to $2.7M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Fidelity Bank | 5 | 38% | $1.1M | $4.5M |
| 2 | TowneBank | 2 | 15% | $2.3M | $4.6M |
| 3 | Climate First Bank | 2 | 15% | $2.0M | $3.9M |
| 4 | The Freedom Bank of Virginia | 1 | 8% | $4.0M | $4.0M |
| 5 | First Internet Bank of Indiana | 1 | 8% | $2.7M | $2.7M |
| 6 | HomeTrust Bank | 1 | 8% | $724K | $724K |
| 7 | First Bank | 1 | 8% | $713K | $713K |
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
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.