SBA lending record
Ryan Electric & Design Inc
1029 HOME PL, Faribault, MN 55021 · 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.
$100K
Total SBA financing
1
Loan on record
FY2022
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Ryan Electric & Design Inc your business?
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The loan
$100,000 — FY2022
- Gross approval
- $100,000
- SBA guaranteed
- $50,000 (50%)
- Status
- Cancelled
- Rate at approval
- 5.5% v
- Term
- 12 mo (1 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/7/2022
- Collateral
- Required
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- New Business or 2 years or less
The lender
The State Bank of Faribault
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Ryan Electric & Design Inc in Faribault, MN (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 $100K
- On record FY2022
- 4 jobs supported
- Industry: Electrical Contractors and Other Wiring Installation Contrac
- Location: Faribault, MN
- Lender: The State Bank of Faribault
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
Is Ryan Electric & Design 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 Ryan Electric & Design Inc.