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R Electric Inc — SBA Loan Record (Vineyard Haven, MA) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MA

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SBA lending record

R Electric Inc

22 CALIFORNIA AVE, Vineyard Haven, 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.

$20K

Total SBA financing

1

Loan on record

FY2024

On record

2

Jobs supported

Is R Electric Inc 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

$20,000 — FY2024

Gross approval: $20,000
SBA guaranteed: $17,000 (85%)
Status: Paid in full
Rate at approval: 8.24% f
Term: 84 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/27/2024
First disbursement: 7/2/2024
Days to fund: 5 days
Paid in full: 7/31/2025
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Rockland Trust Company
Address: 22 CALIFORNIA AVE
City: Vineyard Haven
County: Dukes
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 9

The lender

Rockland Trust Company

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

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.

JAMES SHAUGHNESSY ELECTRICIAN LLC

Braintree, MA

Electrical Contractors and Other Wiring Installation Contrac

$20K
SBA financing: ≈ $39K–$65K
Est. revenue (rough)

Bizier Group LLC

Framingham, MA

Electrical Contractors and Other Wiring Installation Contrac

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

LOPES ELECTRIC, LLC

New Bedford, MA

Electrical Contractors and Other Wiring Installation Contrac

$20K
SBA financing: ≈ $39K–$65K
Est. revenue (rough)

Robichaud Electrical Services LLC

Marlborough, MA

Electrical Contractors and Other Wiring Installation Contrac

$24K
SBA financing: ≈ $47K–$78K
Est. revenue (rough)

Christopher Gulla

Franklin, MA

Electrical Contractors and Other Wiring Installation Contrac

$20K
SBA financing: ≈ $39K–$65K
Est. revenue (rough)

Brian Noonan Electrical

Woburn, MA

Electrical Contractors and Other Wiring Installation Contrac

$15K
SBA financing: ≈ $29K–$49K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for R Electric Inc in Vineyard Haven, 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 $20K
On record FY2024
2 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Vineyard Haven, MA
Lender: Rockland Trust Company

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 MA for ~$20k 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/r-electric-inc-ma
API:: https://dealroom.so/api/public/businesses/r-electric-inc-ma
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 R 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 R Electric Inc.