SBA lending record
Mr. Electric of Inglewood
8445 S. VAN NESS AVE, Inglewood, CA 90305 · 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.
$170K
Total SBA financing
1
Loan on record
FY2022
On record
8
Jobs supported
Franchise brand
Mr. Electric
See Mr. Electric's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$170,000 — FY2022
- Gross approval
- $170,000
- SBA guaranteed
- $127,500 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 6.25% v
- Term
- 98 mo (8 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/5/2022
- First disbursement
- 5/31/2022
- Days to fund
- 26 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Newtek Small Business Finance, Inc.
1 loan to this businessNo FDIC profile on file (non-bank lender).
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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 Mr. Electric of Inglewood.