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Gainsley Electric, Inc. and William Gainsley Sr — SBA Loan Record (Ypsilanti, MI) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MI

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SBA lending record

Gainsley Electric, Inc. and William Gainsley Sr

5046 W Michigan Ave, Ypsilanti, MI 48197 · 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.

$41K

Total SBA financing

1

Loan on record

FY2020

On record

—

Jobs supported

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

Is Gainsley Electric, Inc. and William Gainsley Sr 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

$40,500 — FY2020

Gross approval: $40,500
SBA guaranteed: $20,250 (50%)
Status: Paid in full
Rate at approval: 4.7% f
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/10/2020
First disbursement: 7/31/2020
Days to fund: 21 days
Paid in full: 6/30/2022
Collateral: None
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: The Huntington National Bank
Address: 5046 W Michigan Ave
City: Ypsilanti, 48197
County: Washtenaw
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 7

The lender

The Huntington 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 Michigan Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in Michigan

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.

Beyer Electrical Contracting, LLC

Dundee, MI· ~17 mi

Electrical Contractors and Other Wiring Installation Contrac

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

MB MAINTENANCES, INC.

Dearborn, MI· ~22 mi

Electrical Contractors and Other Wiring Installation Contrac

$31K
SBA financing: ≈ $61K–$101K
Est. revenue (rough)

Reliant Electric, LLC

Milan, MI· ~6 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Diversified Wireless Electrical Service

Novi, MI· ~20 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Bass Electric LLC

Ypsilanti, MI· ~5 mi

Electrical Contractors and Other Wiring Installation Contrac

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

Roth Electric, Inc.

Beverly Hills, MI· ~32 mi

Electrical Contractors and Other Wiring Installation Contrac

$42K
SBA financing: ≈ $82K–$137K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Gainsley Electric, Inc. and William Gainsley Sr in Ypsilanti, MI (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 $41K
On record FY2020
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Ypsilanti, MI
Lender: The Huntington 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 MI for ~$41k 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/gainsley-electric-inc-and-william-gainsley-sr-mi
API:: https://dealroom.so/api/public/businesses/gainsley-electric-inc-and-william-gainsley-sr-mi
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 Gainsley Electric, Inc. and William Gainsley Sr 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 Gainsley Electric, Inc. and William Gainsley Sr.