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Linear Electric, Inc. — SBA Loan Record (Benton Harbor, MI) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MI

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SBA lending record

Linear Electric, Inc.

790 Nickerson Ave, Benton Harbor, MI 49022 · 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.

$200K

Total SBA financing

1

Loan on record

FY2025

On record

25

Jobs supported

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

Is Linear Electric, Inc. 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

$200,000 — FY2025

Gross approval: $200,000
SBA guaranteed: $100,000 (50%)
Status: Cancelled
Rate at approval: 8.5% v
Term: 13 mo (1 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/15/2025
Collateral: Required
Jobs supported: 25
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Horizon Bank
Address: 790 Nickerson Ave
City: Benton Harbor, 49022
County: Berrien
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 6

The lender

Horizon 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.

JAYNCO ELECTRIC LLC

Chicago, IL· ~67 mi

Electrical Contractors and Other Wiring Installation Contrac

$195K
SBA financing: ≈ $382K–$637K
Est. revenue (rough)

Electric Work Force Inc.

Berkeley, IL· ~77 mi

Electrical Contractors and Other Wiring Installation Contrac

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

WELSH & SONS ELECTRIC, INC.

Niles, MI· ~21 mi

Electrical Contractors and Other Wiring Installation Contrac

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

TODD & DEAN ELECTRIC INC.

Hudsonville, MI· ~60 mi

Electrical Contractors and Other Wiring Installation Contrac

$246K
SBA financing: ≈ $482K–$804K
Est. revenue (rough)

GRAND VALLEY ELECTRICAL SERVICE INC

Grand Rapids, MI· ~70 mi

Electrical Contractors and Other Wiring Installation Contrac

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

FAIRFIELD ELECTRIC INC

Chicago, IL· ~66 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Agent summary

This page summarizes the public SBA 7(a) lending record for Linear Electric, Inc. in Benton Harbor, 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 $200K
On record FY2025
25 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Benton Harbor, MI
Lender: Horizon 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 ~$200k 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/linear-electric-inc-mi
API:: https://dealroom.so/api/public/businesses/linear-electric-inc-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 Linear Electric, Inc. 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 Linear Electric, Inc..