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Electrical Contractors and Other Wiring Installation Contractors: SBA acquisition loans in Texas
11 SBA-financed business acquisitions in Texas classified as Electrical Contractors and Other Wiring Installation Contractors, FY2024–FY2026. Median loan $415K. See which lenders did them.
- Acquisitions financed
- 11
- Total approved
- $11.4M
- Median loan
- $415K
- Middle half of loans
- $287K to $1.7M
- Median starting rate
- 10.25%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 5 | 45% | $262K | $2.7M |
| 2 | First National Bank of Pennsylvania | 2 | 18% | $1.2M | $2.3M |
| 3 | Gulf Coast Bank and Trust Company | 1 | 9% | $3.5M | $3.5M |
| 4 | T Bank, National Association | 1 | 9% | $2.1M | $2.1M |
| 5 | The Bancorp Bank National Association | 1 | 9% | $415K | $415K |
| 6 | VelocitySBA, LLC | 1 | 9% | $312K | $312K |
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.