SBA lending record

AL SUTTON ELECTRIC, INC.

2017 E HIGHWAY 44, Rapid City, SD 57703 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$380K

Total SBA financing

Loan on record

FY2025

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$380,000 — FY2025

Gross approval: $380,000
SBA guaranteed: $190,000 (50%)
Status: Current
Rate at approval: 7.5% v
Term: 96 mo (8 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/14/2025
First disbursement: 5/28/2025
Days to fund: 14 days
Collateral: Required
Jobs supported: 19

The lender

Highmark FCU

1 loan to this business

No FDIC profile on file (non-bank lender).

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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 AL SUTTON ELECTRIC, INC..