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Rite Way Electric, L.L.C. — SBA Loan Record (Grand Junction, CO) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/CO

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SBA lending record

Rite Way Electric, L.L.C.

1009 SMITH RANCH RD, Grand Junction, CO 81505 · 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.

$73K

Total SBA financing

1

Loan on record

FY2024

On record

10

Jobs supported

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

Is Rite Way Electric, L.L.C. 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

$73,000 — FY2024

Gross approval: $73,000
SBA guaranteed: $62,050 (85%)
Status: Current
Rate at approval: 13.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/6/2024
First disbursement: 1/17/2024
Days to fund: 11 days
Collateral: None
Sold on secondary market: Yes
Jobs supported: 10
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: BayFirst National Bank
Address: 1009 SMITH RANCH RD
City: Grand Junction, 81505
County: Mesa
SBA district office: COLORADO DISTRICT OFFICE
Congressional district: 3

The lender

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

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.

Rite Way Electric LLC

Grand Junction, CO· ~0 mi

Electrical Contractors and Other Wiring Installation Contrac

$95K
SBA financing: ≈ $186K–$310K
Est. revenue (rough)

VmCo Inc

Grand Junction, CO· ~6 mi

Electrical Contractors and Other Wiring Installation Contrac

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

BLACKOUT TECHNOLOGY SERVICES

Oak Creek, CO· ~121 mi

Electrical Contractors and Other Wiring Installation Contrac

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

ARK Low Voltage LLC

Lake City, CO· ~105 mi

Electrical Contractors and Other Wiring Installation Contrac

$108K
SBA financing: ≈ $212K–$353K
Est. revenue (rough)

R & B ELECTRICAL SERVICES

Loveland, CO· ~204 mi

Electrical Contractors and Other Wiring Installation Contrac

$80K
SBA financing: ≈ $157K–$261K
Est. revenue (rough)

MCCARRICK ELECTRIC LLC

Commerce City, CO· ~207 mi

Electrical Contractors and Other Wiring Installation Contrac

$80K
SBA financing: ≈ $157K–$261K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Rite Way Electric, L.L.C. in Grand Junction, CO (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 $73K
On record FY2024
10 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Grand Junction, CO
Lender: BayFirst 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 CO for ~$73k 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/rite-way-electric-l-l-c-co
API:: https://dealroom.so/api/public/businesses/rite-way-electric-l-l-c-co
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 Rite Way Electric, L.L.C. 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 Rite Way Electric, L.L.C..