SBA lending record
Hoffman Electric MN, LLC
546 2ND AVE SW, Hutchinson, MN 55350 · 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.
$61K
Total SBA financing
2
Loans on record
FY2020–21
On record
5
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$25,000 — FY2021
Loan 1 of 2- Gross approval
- $25,000
- SBA guaranteed
- $18,750 (75%)
- Status
- Paid in full
- Rate at approval
- 5.75% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/15/2021
- First disbursement
- 3/17/2021
- Days to fund
- 2 days
- Paid in full
- 2/28/2026
- Collateral
- Required
The lender
Citizens Bank & Trust Co
2 loans to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for Hoffman Electric MN, LLC in Hutchinson, MN (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.
- 2 SBA 7(a) loans totaling $61K
- On record FY2020–21
- 5 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Hutchinson, MN
- Lender: Citizens Bank & Trust Co
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
Is Hoffman Electric MN, 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 Hoffman Electric MN, LLC.