SBA lending record
Next Wave Electrical Contractors Inc.
815 CLEARVIEW AVE, Hampstead, MD 21074 · 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
—
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.
The loan
$100,000 — FY2020
- Gross approval
- $100,000
- SBA guaranteed
- $50,000 (50%)
- Status
- Charged off (failed)
- Rate at approval
- 7.75% v
- Term
- 52 mo (4 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/21/2020
- First disbursement
- 8/24/2020
- Days to fund
- 3 days
- Charged off
- 10/15/2024
- Charge-off amount
- $200,000
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Next Wave Electrical Contractors Inc. in Hampstead, MD (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
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Hampstead, MD
- Lender: Manufacturers and Traders Trust Company
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is Next Wave Electrical Contractors 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 Next Wave Electrical Contractors Inc..