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Instone Electric Corp. — SBA Loan Record (Farmingdale, NY) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/NY

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SBA lending record

Instone Electric Corp.

994 FULTON ST, Farmingdale, NY 11735 · 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.

$238K

Total SBA financing

1

Loan on record

FY2024

On record

—

Jobs supported

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

Is Instone Electric Corp. 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

$238,000 — FY2024

Gross approval: $238,000
SBA guaranteed: $119,000 (50%)
Status: Paid in full
Rate at approval: 12.3% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/31/2024
First disbursement: 2/29/2024
Days to fund: 29 days
Paid in full: 6/30/2024
Collateral: Required
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: TD Bank, National Association
Address: 994 FULTON ST
City: Farmingdale, 11735
County: Nassau
SBA district office: MELVILLE BRANCH OFFICE
Congressional district: 2

The lender

TD Bank, National Association

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

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.

AV PUGLIESE ELECTRIC LLC dba MR. ELECTRIC OF SUFFOLK, PUGLIESE HOLDINGS

Massapequa, NY· ~2 mi

Mr. Electric

$255K
SBA financing: ≈ $500K–$833K
Est. revenue (rough)

CATV PRO INC

West Babylon, NY· ~3 mi

Electrical Contractors and Other Wiring Installation Contrac

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

TE SYSTEMS INC.

Huntington Station, NY· ~7 mi

Electrical Contractors and Other Wiring Installation Contrac

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

SOLTERIX CORPORATION

West Babylon, NY· ~3 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Long Island Cable Connections, Inc

Huntington, NY· ~8 mi

Electrical Contractors and Other Wiring Installation Contrac

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

CMJ ENTERPRISES LLC

Lindenhurst, NY· ~4 mi

Electrical Contractors and Other Wiring Installation Contrac

$400K
SBA financing: ≈ $784K–$1.3M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Instone Electric Corp. in Farmingdale, NY (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 $238K
On record FY2024
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Farmingdale, NY
Lender: TD Bank, National Association

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 NY for ~$238k 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/instone-electric-corp-ny
API:: https://dealroom.so/api/public/businesses/instone-electric-corp-ny
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 Instone Electric Corp. 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 Instone Electric Corp..