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Prescott Electric, LLC — SBA Loan Record (Interlochen, MI) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MI

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SBA lending record

Prescott Electric, LLC

1167 Bendon Rd, Interlochen, MI 49643 · 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.

$135K

Total SBA financing

1

Loan on record

FY2025

On record

6

Jobs supported

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

Is Prescott Electric, 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

$135,000 — FY2025

Gross approval: $135,000
SBA guaranteed: $101,250 (75%)
Status: Cancelled
Rate at approval: 8.46% v
Term: 240 mo (20 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/29/2024
Collateral: Required
Jobs supported: 6
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Independent Bank
Address: 1167 Bendon Rd
City: Interlochen, 49643
County: Grand Traverse
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 1

The lender

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

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.

45th Property & Power LLC

Interlochen, MI· ~2 mi

Electrical Contractors and Other Wiring Installation Contrac

$151K
SBA financing: ≈ $296K–$493K
Est. revenue (rough)

Northern Spark Electric LLC

Maple City, MI· ~16 mi

Electrical Contractors and Other Wiring Installation Contrac

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

GREENBAY ELECTRIC, INC.

Big Rapids, MI· ~66 mi

Electrical Contractors and Other Wiring Installation Contrac

$154K
SBA financing: ≈ $302K–$503K
Est. revenue (rough)

Direct Electric MI, LLC

Williamsburg, MI· ~18 mi

Electrical Contractors and Other Wiring Installation Contrac

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

CHAIN O’ LAKES ELECTRIC L.L.C.

Kalkaska, MI· ~35 mi

Electrical Contractors and Other Wiring Installation Contrac

$66K
SBA financing: ≈ $129K–$216K
Est. revenue (rough)

Royal Controls & Process Services LLC

Fremont, MI· ~82 mi

Electrical Contractors and Other Wiring Installation Contrac

$204K
SBA financing: ≈ $399K–$665K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Prescott Electric, LLC in Interlochen, MI (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 $135K
On record FY2025
6 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Interlochen, MI
Lender: Independent 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 MI for ~$135k 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/prescott-electric-llc-mi
API:: https://dealroom.so/api/public/businesses/prescott-electric-llc-mi
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 Prescott 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 Prescott Electric, LLC.