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Howie Electric — SBA Loan Record (Huron, SD) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/SD

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SBA lending record

Howie Electric

5459 Sherman Avenue SE, Huron, SD 57350 · 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.

$126K

Total SBA financing

1

Loan on record

FY2022

On record

4

Jobs supported

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

Is Howie Electric 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

$126,000 — FY2022

Gross approval: $126,000
SBA guaranteed: $107,100 (85%)
Status: Current
Rate at approval: 6.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/11/2022
First disbursement: 6/6/2022
Days to fund: 26 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 4
Business type: Individual
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Newtek Small Business Finance, Inc.
Address: 5459 Sherman Avenue SE
City: Huron, 57350
County: Beadle
SBA district office: SOUTH DAKOTA DISTRICT OFFICE
Congressional district: 0

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

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

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.

Slayton Electric, Inc.

Slayton, MN· ~123 mi

Electrical Contractors and Other Wiring Installation Contrac

$120K
SBA financing: ≈ $235K–$392K
Est. revenue (rough)

SV Electric, Inc

Sioux Falls, SD· ~92 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Mandel Electric LLC

Dell Rapids, SD· ~81 mi

Electrical Contractors and Other Wiring Installation Contrac

$63K
SBA financing: ≈ $124K–$206K
Est. revenue (rough)

Larson Electric L. L. C.

Staples, MN· ~219 mi

Electrical Contractors and Other Wiring Installation Contrac

$120K
SBA financing: ≈ $235K–$392K
Est. revenue (rough)

Legend Electric LLC

Monticello, MN· ~232 mi

Electrical Contractors and Other Wiring Installation Contrac

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

JES, LLC

Burnsville, MN· ~246 mi

Electrical Contractors and Other Wiring Installation Contrac

$135K
SBA financing: ≈ $265K–$442K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Howie Electric in Huron, SD (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 $126K
On record FY2022
4 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Huron, SD
Lender: Newtek Small Business Finance, Inc.

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 SD for ~$126k 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/howie-electric-sd
API:: https://dealroom.so/api/public/businesses/howie-electric-sd
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 Howie Electric 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 Howie Electric.