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M.W. Damour Electrical Contractor, LLC — SBA Loan Record (North Andover, MA) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MA

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SBA lending record

M.W. Damour Electrical Contractor, LLC

98 Fuller Road, North Andover, MA · 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.

$250K

Total SBA financing

1

Loan on record

FY2025

On record

10

Jobs supported

Is M.W. Damour Electrical Contractor, LLC 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

$250,000 — FY2025

Gross approval: $250,000
SBA guaranteed: $125,000 (50%)
Status: Current
Rate at approval: 10% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/22/2024
First disbursement: 12/25/2024
Days to fund: 33 days
Collateral: Required
Jobs supported: 10
Business type: Individual
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Salem Five Cents Savings Bank
Address: 98 Fuller Road
City: North Andover
County: Essex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

The lender

Salem Five Cents Savings 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 Massachusetts Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in Massachusetts

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.

JUBA ELECTRIC CO INC

North Andover, MA· ~3 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Northern Outdoor Lighting LLC

Billerica, MA· ~12 mi

Electrical Contractors and Other Wiring Installation Contrac

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

Future Energy Solar, LLC

Woburn, MA· ~12 mi

Electrical Contractors and Other Wiring Installation Contrac

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

RELIABLE ELECTRICAL SOLUTIONS, INC

Everett, MA· ~18 mi

Electrical Contractors and Other Wiring Installation Contrac

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

JMR ELECTRIC GROUP, INC

Lowell, MA· ~11 mi

Electrical Contractors and Other Wiring Installation Contrac

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

T & T ELECTRICAL CONTRACTORS, INC.

Woburn, MA· ~14 mi

Electrical Contractors and Other Wiring Installation Contrac

$320K
SBA financing: ≈ $627K–$1.0M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for M.W. Damour Electrical Contractor, LLC in North Andover, MA (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 $250K
On record FY2025
10 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: North Andover, MA
Lender: Salem Five Cents Savings 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 MA for ~$250k 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/m-w-damour-electrical-contractor-llc-ma
API:: https://dealroom.so/api/public/businesses/m-w-damour-electrical-contractor-llc-ma
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 M.W. Damour Electrical Contractor, 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 M.W. Damour Electrical Contractor, LLC.