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REAL ELECTRIC INC. — SBA Loan Record (Detroit, MI) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/MI

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SBA lending record

REAL ELECTRIC INC.

533 S OAKWOOD, Detroit, MI 48217 · 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.

$70K

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 REAL 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

$70,000 — FY2025

Gross approval: $70,000
SBA guaranteed: $59,500 (85%)
Status: Current
Rate at approval: 10.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/15/2024
First disbursement: 11/21/2024
Days to fund: 6 days
Collateral: Required
Sold on secondary market: Yes
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: Celtic Bank Corporation
Address: 533 S OAKWOOD
City: Detroit, 48217
County: Wayne
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 12

The lender

Celtic Bank Corporation

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.

ZERO-POINT ELECTRIC LLC

Farmington Hills, MI· ~16 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Rogers Electrical, LLC

Detroit, MI· ~12 mi

Electrical Contractors and Other Wiring Installation Contrac

$50K
SBA financing: ≈ $97K–$162K
Est. revenue (rough)

Mesa Electric Inc.

Flat Rock, MI· ~15 mi

Electrical Contractors and Other Wiring Installation Contrac

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

Truxell Electric, Corp.

Livonia, MI· ~14 mi

Electrical Contractors and Other Wiring Installation Contrac

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

CONSUMER SERVICES ELECTRIC CO.

Detroit, MI· ~7 mi

Electrical Contractors and Other Wiring Installation Contrac

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

MB MAINTENANCES, INC.

Dearborn, MI· ~5 mi

Electrical Contractors and Other Wiring Installation Contrac

$31K
SBA financing: ≈ $61K–$101K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for REAL ELECTRIC INC. in Detroit, 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 $70K
On record FY2025
6 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Detroit, MI
Lender: Celtic Bank Corporation

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 ~$70k 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/real-electric-inc-mi
API:: https://dealroom.so/api/public/businesses/real-electric-inc-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 REAL 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 REAL ELECTRIC INC..