SBA lending record
Nichols Electric LLC
119 Joe Lick Rd, Scott Township, PA 18447 · 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.
$320K
Total SBA financing
2
Loans on record
FY2022
On record
12
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Nichols Electric LLC your business?
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All 2 loans
$270,000 — FY2022
Loan 1 of 2- Gross approval
- $270,000
- SBA guaranteed
- $202,500 (75%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 12/23/2021
- First disbursement
- 1/19/2022
- Days to fund
- 27 days
- Collateral
- Required
- Jobs supported
- 6
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Nichols Electric LLC in Scott Township, PA (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.
- 2 SBA 7(a) loans totaling $320K
- On record FY2022
- 12 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Scott Township, PA
- Lender: PS Bank
- 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 Nichols 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 Nichols Electric LLC.