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Precision Electric and Services, LLC — SBA Loan Record (Spirit Lake, IA) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/IA

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SBA lending record

Precision Electric and Services, LLC

601 38th Street, Spirit Lake, IA 51360 · 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.

$200K

Total SBA financing

1

Loan on record

FY2026

On record

6

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is Precision Electric and Services, LLC your business?

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.

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The loan

$200,000 — FY2026

Gross approval: $200,000
SBA guaranteed: $100,000 (50%)
Status: Current
Rate at approval: 7% f
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/18/2025
First disbursement: 12/11/2025
Days to fund: 23 days
Collateral: Required
Jobs supported: 6
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Central Bank
Address: 601 38th Street
City: Spirit Lake, 51360
County: Dickinson
SBA district office: DES MOINES DISTRICT OFFICE
Congressional district: 4

The lender

Central Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding electrical contractors and other wiring installation contrac — by location, industry.

SBA lenders in Iowa Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in Iowa

Similar businesses

Comparable electrical contractors and other wiring installation contrac in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Slayton Electric, Inc.

Slayton, MN· ~52 mi

Electrical Contractors and Other Wiring Installation Contrac

$120K
SBA financing: ≈ $235K–$392K
Est. revenue (rough)

SV Electric, Inc

Sioux Falls, SD· ~83 mi

Electrical Contractors and Other Wiring Installation Contrac

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

AEM Electric Services Corporation

Spring Lake Park, MN· ~150 mi

Electrical Contractors and Other Wiring Installation Contrac

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

ALAN OLSON ELECTRIC, LLC

New London, MN· ~133 mi

Electrical Contractors and Other Wiring Installation Contrac

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

Terminating Solutions LLC

Sioux Falls, SD· ~81 mi

Electrical Contractors and Other Wiring Installation Contrac

$225K
SBA financing: ≈ $441K–$735K
Est. revenue (rough)

Bianco Electric LLC

Elkhorn, NE· ~157 mi

Electrical Contractors and Other Wiring Installation Contrac

$195K
SBA financing: ≈ $382K–$637K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Precision Electric and Services, LLC in Spirit Lake, IA (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 $200K
On record FY2026
6 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Spirit Lake, IA
Lender: Central Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electrical Contractors and Other Wiring Installation Contrac businesses in IA for ~$200k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/precision-electric-and-services-llc-ia
API:: https://dealroom.so/api/public/businesses/precision-electric-and-services-llc-ia
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is Precision Electric and Services, 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 Precision Electric and Services, LLC.