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Masters Electric, LLC — SBA Loan Record (Mooresville, NC) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/NC

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SBA lending record

Masters Electric, LLC

1040 Patterson Farm Rd, Mooresville, NC 28115 · 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.

$100K

Total SBA financing

1

Loan on record

FY2020

On record

4

Jobs supported

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

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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

$100,000 — FY2020

Gross approval: $100,000
SBA guaranteed: $50,000 (50%)
Status: Paid in full
Rate at approval: 8.08% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/26/2019
First disbursement: 12/31/2019
Days to fund: 35 days
Paid in full: 2/28/2025
Collateral: None
Jobs supported: 4
Business type: Corporation
Business age: Unanswered
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Fifth Third Bank
Address: 1040 Patterson Farm Rd
City: Mooresville, 28115
County: Iredell
SBA district office: NORTH CAROLINA DISTRICT OFFICE
Congressional district: 10

The lender

Fifth Third 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 North Carolina Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in North Carolina

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.

GB Electrical and Instrumentation LLC

Charlotte, NC· ~34 mi

Electrical Contractors and Other Wiring Installation Contrac

$86K
SBA financing: ≈ $168K–$279K
Est. revenue (rough)

G & S COMMUNICATIONS AND TECHINICAL SERVICES, INC.

Mint Hill, NC· ~28 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Qwest Electric LLC

Mooresville, NC· ~1 mi

Electrical Contractors and Other Wiring Installation Contrac

$4.6M
SBA financing: ≈ $9.0M–$15M
Est. revenue (rough)

STRIPLING ELECTRIC LLC

Boiling Springs, SC· ~76 mi

Electrical Contractors and Other Wiring Installation Contrac

$103K
SBA financing: ≈ $201K–$336K
Est. revenue (rough)

OPTIMAL ELECTRIC, INC.

Sugar Grove, NC· ~75 mi

Electrical Contractors and Other Wiring Installation Contrac

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

PATTERSON CONTRACTING SERVICES LLC

Charlotte, NC· ~34 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 Masters Electric, LLC in Mooresville, NC (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 $100K
On record FY2020
4 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Mooresville, NC
Lender: Fifth Third 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 NC for ~$100k 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/masters-electric-llc-nc
API:: https://dealroom.so/api/public/businesses/masters-electric-llc-nc
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 Masters Electric, 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 Masters Electric, LLC.