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Frederick Electric CO., LLC — SBA Loan Record (Hagerstown, MD) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MD

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SBA lending record

Frederick Electric CO., LLC

11842 INDIAN LN, Hagerstown, MD 21742 · 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.

$150K

Total SBA financing

1

Loan on record

FY2022

On record

45

Jobs supported

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

Is Frederick Electric CO., LLC 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

$150,000 — FY2022

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Charged off (failed)
Rate at approval: 7.5% v
Term: 115 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/21/2022
First disbursement: 7/25/2022
Days to fund: 4 days
Charged off: 7/26/2023
Charge-off amount: $149,572
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 45
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: BayFirst National Bank
Address: 11842 INDIAN LN
City: Hagerstown, 21742
County: Washington
SBA district office: BALTIMORE DISTRICT OFFICE
Congressional district: 6

The lender

BayFirst National 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 Maryland Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in Maryland

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.

SOUTH CENTRAL SYSTEMS LLC

Crystal Spring, PA· ~36 mi

Electrical Contractors and Other Wiring Installation Contrac

$130K
SBA financing: ≈ $255K–$425K
Est. revenue (rough)

GREEN ELECTRIC SOLUTIONS, LLC

Windsor Mill, MD· ~51 mi

Electrical Contractors and Other Wiring Installation Contrac

$144K
SBA financing: ≈ $283K–$472K
Est. revenue (rough)

J W Frew Electric LLC

Mount Airy, MD· ~37 mi

Electrical Contractors and Other Wiring Installation Contrac

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

RUM AV Solutions LLC

Leesburg, VA· ~42 mi

Electrical Contractors and Other Wiring Installation Contrac

$203K
SBA financing: ≈ $399K–$664K
Est. revenue (rough)

TLC Electric LLC

Mechanicsburg, PA· ~50 mi

Electrical Contractors and Other Wiring Installation Contrac

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

Smart Solutions, Inc

Silver Spring, MD· ~51 mi

Electrical Contractors and Other Wiring Installation Contrac

$130K
SBA financing: ≈ $255K–$425K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Frederick Electric CO., LLC in Hagerstown, MD (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 $150K
On record FY2022
45 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Hagerstown, MD
Lender: BayFirst National 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 MD for ~$150k 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/frederick-electric-co-llc-md
API:: https://dealroom.so/api/public/businesses/frederick-electric-co-llc-md
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 Frederick Electric CO., LLC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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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 Frederick Electric CO., LLC.