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ELECTRICAL WORKS OF IOWA, L.L.C. — SBA Loan Record (Granger, IA) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/IA

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SBA lending record

ELECTRICAL WORKS OF IOWA, L.L.C.

1821 Crabapple Lane, Granger, IA 50109 · 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.

$50K

Total SBA financing

1

Loan on record

FY2024

On record

7

Jobs supported

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

Is ELECTRICAL WORKS OF IOWA, L.L.C. your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$50,000 — FY2024

Gross approval: $50,000
SBA guaranteed: $42,500 (85%)
Status: Current
Rate at approval: 11.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/15/2024
First disbursement: 7/23/2024
Days to fund: 8 days
Collateral: None
Sold on secondary market: Yes
Jobs supported: 7
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Northeast Bank
Address: 1821 Crabapple Lane
City: Granger, 50109
County: Dallas
SBA district office: DES MOINES DISTRICT OFFICE
Congressional district: 3

The lender

Northeast Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding electrical contractors and other wiring installation contrac — by location, industry.

SBA lenders in Iowa Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in Iowa

Similar businesses

Comparable electrical contractors and other wiring installation contrac in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

BEST HEATING COOLING & ELECTRIC INC

Des Moines, IA· ~12 mi

Electrical Contractors and Other Wiring Installation Contrac

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

HEART AND SOLAR LLC

Wdm, IA· ~12 mi

Electrical Contractors and Other Wiring Installation Contrac

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

JAX ELECTRICAL SERVICES LLC

Roland, IA· ~33 mi

Electrical Contractors and Other Wiring Installation Contrac

$110K
SBA financing: ≈ $216K–$359K
Est. revenue (rough)

HAUPERT ELECTRIC LLC

Boone, IA· ~30 mi

Electrical Contractors and Other Wiring Installation Contrac

$111K
SBA financing: ≈ $218K–$363K
Est. revenue (rough)

1 ELITE ELECTRIC LLC

Burlington, IA· ~153 mi

Electrical Contractors and Other Wiring Installation Contrac

$53K
SBA financing: ≈ $104K–$173K
Est. revenue (rough)

Wire Nuts Electric Service LLC

Stanton, IA· ~86 mi

Electrical Contractors and Other Wiring Installation Contrac

$30K
SBA financing: ≈ $59K–$98K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for ELECTRICAL WORKS OF IOWA, L.L.C. in Granger, IA (Electrical Contractors and Other Wiring Installation Contrac). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $50K
On record FY2024
7 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Granger, IA
Lender: Northeast Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electrical Contractors and Other Wiring Installation Contrac businesses in IA for ~$50k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/electrical-works-of-iowa-l-l-c-ia
API:: https://dealroom.so/api/public/businesses/electrical-works-of-iowa-l-l-c-ia
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is ELECTRICAL WORKS OF IOWA, L.L.C. your business?

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with ELECTRICAL WORKS OF IOWA, L.L.C..