SBA lending record
MEL Electric, Inc
902 ENTERPRISE WAY, Napa, CA 94558 · 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.
$300K
Total SBA financing
1
Loan on record
FY2021
On record
18
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$300,000 — FY2021
- Gross approval
- $300,000
- SBA guaranteed
- $225,000 (75%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/12/2021
- First disbursement
- 2/28/2021
- Days to fund
- 16 days
- Collateral
- Required
- Jobs supported
- 18
The lender
Redwood CU
1 loan to this businessFull lending record on the lender page.
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with MEL Electric, Inc.