SBA lending record

OKOREN ELECTRIC INC

800 Washington Street, Franklin, MA · 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.

$60K

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

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The loan

$60,000 — FY2021

Gross approval: $60,000
SBA guaranteed: $30,000 (50%)
Status: Paid in full
Rate at approval: 5.25% v
Term: 24 mo (2 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/16/2020
First disbursement: 11/30/2020
Days to fund: 14 days
Paid in full: 12/31/2022
Collateral: Required

The lender

Dean Co-operative Bank

1 loan to this business

Agent summary

This page summarizes the public SBA 7(a) lending record for OKOREN ELECTRIC INC in Franklin, MA (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 $60K
On record FY2021
3 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Franklin, MA
Lender: Dean Co-operative 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.
Canonical:: https://dealroom.so/businesses/okoren-electric-inc-ma
API:: https://dealroom.so/api/public/businesses/okoren-electric-inc-ma
Methodology:: Sources & methodology

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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 OKOREN ELECTRIC INC.