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Preferred Electric Inc. — SBA Loan Record (Houston, TX) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/TX

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SBA lending record

Preferred Electric Inc.

16273 NORTH FWY, Houston, TX 77090 · 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.

$733K

Total SBA financing

1

Loan on record

FY2023

On record

58

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.

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The loan

$732,600 — FY2023

Gross approval: $732,600
SBA guaranteed: $549,450 (75%)
Status: Current
Rate at approval: 10.75% v
Term: 306 mo (26 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/21/2023
First disbursement: 10/13/2023
Days to fund: 22 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 58
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Citizens Bank
Address: 16273 NORTH FWY
City: Houston, 77090
County: Harris
SBA district office: HOUSTON DISTRICT OFFICE
Congressional district: 18

The lender

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

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.

A1 PLUS ELECTRICAL LLC

Houston, TX· ~12 mi

Electrical Contractors and Other Wiring Installation Contrac

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

Alfaro Properties II, LLC

Houston, TX· ~2 mi

Electrical Contractors and Other Wiring Installation Contrac

$1.5M
SBA financing: ≈ $2.9M–$4.9M
Est. revenue (rough)

POWERSOURCE AUTOMATION AND CONTROLS LLC

Hockley, TX· ~21 mi

Electrical Contractors and Other Wiring Installation Contrac

$708K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

DDT MANAGEMENT AND TECHNICAL RESOURCES LLC

Katy, TX· ~25 mi

Electrical Contractors and Other Wiring Installation Contrac

$800K
SBA financing: ≈ $1.6M–$2.6M
Est. revenue (rough)

LIGHT TRAIN ELECTRIC INC

Spring, TX· ~6 mi

Electrical Contractors and Other Wiring Installation Contrac

$480K
SBA financing: ≈ $942K–$1.6M
Est. revenue (rough)

J WEST ELECTRIC LLC

Houston, TX· ~14 mi

Electrical Contractors and Other Wiring Installation Contrac

$450K
SBA financing: ≈ $882K–$1.5M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Preferred Electric Inc. in Houston, TX (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 $733K
On record FY2023
58 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Houston, TX
Lender: Citizens 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 TX for ~$733k 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 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/preferred-electric-inc-tx
API:: https://dealroom.so/api/public/businesses/preferred-electric-inc-tx
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 Preferred Electric 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 Preferred Electric Inc..