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Larry's Electric — SBA Loan Record (Gaylord, MI) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MI

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SBA lending record

Larry's Electric

195 North Park Dr Building 12, Gaylord, MI 49735 · 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.

$45K

Total SBA financing

1

Loan on record

FY2025

On record

6

Jobs supported

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

Is Larry's 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

$45,000 — FY2025

Gross approval: $45,000
SBA guaranteed: $22,500 (50%)
Status: Current
Rate at approval: 9.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/3/2025
First disbursement: 3/11/2025
Days to fund: 8 days
Collateral: Required
Jobs supported: 6
Business type: Individual
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: 195 North Park Dr Building 12
City: Gaylord, 49735
County: Otsego
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 1

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.

CHAIN O’ LAKES ELECTRIC L.L.C.

Kalkaska, MI· ~33 mi

Electrical Contractors and Other Wiring Installation Contrac

$66K
SBA financing: ≈ $129K–$216K
Est. revenue (rough)

MALONE ELECTRICAL LLC

Levering, MI· ~47 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Direct Electric MI, LLC

Williamsburg, MI· ~44 mi

Electrical Contractors and Other Wiring Installation Contrac

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

SLS Electric LLC

Clare, MI· ~82 mi

Electrical Contractors and Other Wiring Installation Contrac

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

BALDWIN ELECTRIC ENTERPRISES INC

Mount Pleasant, MI· ~94 mi

Electrical Contractors and Other Wiring Installation Contrac

$40K
SBA financing: ≈ $78K–$131K
Est. revenue (rough)

Glenn R Parker Electrical LLC

Romeo, MI· ~173 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Agent summary

This page summarizes the public SBA 7(a) lending record for Larry's Electric in Gaylord, 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 $45K
On record FY2025
6 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Gaylord, 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 ~$45k 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/larry-s-electric-mi
API:: https://dealroom.so/api/public/businesses/larry-s-electric-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 Larry's 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 Larry's Electric.