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RED WIRE ELECTRIC LLC — SBA Loan Record (Huntley, IL) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/IL

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SBA lending record

RED WIRE ELECTRIC LLC

40 W491 BARKO PKWY, Huntley, IL 60142 · 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.

$175K

Total SBA financing

1

Loan on record

FY2024

On record

2

Jobs supported

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

Is RED WIRE 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

$175,000 — FY2024

Gross approval: $175,000
SBA guaranteed: $131,250 (75%)
Status: Current
Rate at approval: 11.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/18/2024
First disbursement: 9/23/2024
Days to fund: 5 days
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: The Huntington National Bank
Address: 40 W491 BARKO PKWY
City: Huntley, 60142
County: Kane
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 6

The lender

The Huntington National 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 Illinois Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in Illinois

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.

Lohbauer Electric, LLC

Gilberts, IL· ~3 mi

Electrical Contractors and Other Wiring Installation Contrac

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

Ascend Electric, Inc.

Saint Charles, IL· ~14 mi

Electrical Contractors and Other Wiring Installation Contrac

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

JSKI LTD.

Lakewood, IL· ~5 mi

Electrical Contractors and Other Wiring Installation Contrac

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

Electric Work Force Inc.

Berkeley, IL· ~31 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Veteranson Inc.

Lake Zurich, IL· ~18 mi

Electrical Contractors and Other Wiring Installation Contrac

$297K
SBA financing: ≈ $582K–$971K
Est. revenue (rough)

JB ELECTRIC INC

Glenview, IL· ~31 mi

Electrical Contractors and Other Wiring Installation Contrac

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

Agent summary

This page summarizes the public SBA 7(a) lending record for RED WIRE ELECTRIC LLC in Huntley, IL (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 $175K
On record FY2024
2 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Huntley, IL
Lender: The Huntington National 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 IL for ~$175k 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/red-wire-electric-llc-il
API:: https://dealroom.so/api/public/businesses/red-wire-electric-llc-il
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 RED WIRE 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 RED WIRE ELECTRIC LLC.